FMR is near market; voucher and private rents are aligned.
1.05
1 BR
1 BR- 95457
1.04ratio
FMR$1,480
Market$1,420
vs market+$60
FMR is near market; voucher and private rents are aligned.
1.04
2 BR
2 BR- 95457
1.29ratio
FMR$1,940
Market$1,500
vs market+$440
FMR is above market; underwrite to market rent.
1.29
3 BR
3 BR- 95457
1.41ratio
FMR$2,650
Market$1,880
vs market+$770
FMR is above market; underwrite to market rent.
1.41
4 BR
4 BR- 95457
1.53ratio
FMR$3,180
Market$2,080
vs market+$1,100
FMR is above market; underwrite to market rent.
1.53
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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Lower Lake, CA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Lower Lake, CA is $1,940 a month. That is down 9.8% from $2,150 in FY 2026. Lower Lake is in the Lake County, CA non-metropolitan FMR area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the county-wide two-bedroom FMR of $1,616. The median county two-bedroom FMR in California is $1,725, so Lower Lake is 12% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Lower Lake, CA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,600
$1,440
−10.0%
$1,296–$1,584
1BR
$1,640
$1,480
−9.8%
$1,332–$1,628
2BR
$2,150
$1,940
−9.8%
$1,746–$2,134
3BR
$2,940
$2,650
−9.9%
$2,385–$2,915
4BR
$3,530
$3,180
−9.9%
$2,862–$3,498
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Lower Lake, CA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,440
$1,480
$1,940
$2,650
$3,180
FY 2026
$1,600
$1,640
$2,150
$2,940
$3,530
FY 2025
$1,410
$1,440
$1,890
$2,620
$3,110
FY 2024area FMR
$928
$964
$1,267
$1,785
$2,150
FY 2023area FMR
$747
$849
$1,117
$1,587
$1,872
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Lower Lake, CA rents
How much will Section 8 pay for a two-bedroom in Lower Lake, CA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,616, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,454 to $1,778 a month; under the ZIP-level Small Area FMR of $1,940 it would be $1,746 to $2,134. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Lower Lake, CA in?
Lower Lake, CA is in the Lake County, CA non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,616.
How much did fair market rent change in Lower Lake, CA for FY 2027?
The two-bedroom FMR fell 9.8%, from $2,150 in FY 2026 to $1,940 in FY 2027. Since FY 2025 it has risen 2.6%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set