FMR is near market; voucher and private rents are aligned.
0.97
3 BR
3 BR- 94560
1.09ratio
FMR$4,210
Market$3,880
vs market+$330
FMR is near market; voucher and private rents are aligned.
1.09
4 BR
4 BR- 94560
1.11ratio
FMR$4,980
Market$4,480
vs market+$500
FMR is above market; underwrite to market rent.
1.11
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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Newark, CA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Newark, CA is $3,290 a month. That is down 3.5% from $3,410 in FY 2026. Newark is in the Oakland-Fremont, CA HUD Metro 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 metro-wide two-bedroom FMR of $2,805. The median county two-bedroom FMR in California is $1,725, so Newark is 91% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Newark, CA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,510
$2,450
−2.4%
$2,205–$2,695
1BR
$2,790
$2,690
−3.6%
$2,421–$2,959
2BR
$3,410
$3,290
−3.5%
$2,961–$3,619
3BR
$4,360
$4,210
−3.4%
$3,789–$4,631
4BR
$5,170
$4,980
−3.7%
$4,482–$5,478
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Newark, CA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,450
$2,690
$3,290
$4,210
$4,980
FY 2026
$2,510
$2,790
$3,410
$4,360
$5,170
FY 2025
$1,990
$2,270
$2,760
$3,530
$4,200
FY 2024
$1,990
$2,320
$2,820
$3,640
$4,300
FY 2023
$1,880
$2,230
$2,720
$3,560
$4,190
Questions about Newark, CA rents
How much will Section 8 pay for a two-bedroom in Newark, CA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,805, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,525 to $3,086 a month; under the ZIP-level Small Area FMR of $3,290 it would be $2,961 to $3,619. 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 Newark, CA in?
Newark, CA is in the Oakland-Fremont, CA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,805.
How much did fair market rent change in Newark, CA for FY 2027?
The two-bedroom FMR fell 3.5%, from $3,410 in FY 2026 to $3,290 in FY 2027. Since FY 2023 it has risen 21.0%.
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