FMR is below market; voucher rent may lag private rents.
0.76
1 BR
1 BR- 93444
0.88ratio
FMR$2,210
Market$2,500
vs market-$290
FMR is below market; voucher rent may lag private rents.
0.88
2 BR
2 BR- 93444
1.05ratio
FMR$2,890
Market$2,750
vs market+$140
FMR is near market; voucher and private rents are aligned.
1.05
3 BR
3 BR- 93444
1.20ratio
FMR$3,860
Market$3,220
vs market+$640
FMR is above market; underwrite to market rent.
1.20
4 BR
4 BR- 93444
1.22ratio
FMR$4,470
Market$3,670
vs market+$800
FMR is above market; underwrite to market rent.
1.22
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
--
Nipomo, CA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Nipomo, CA is $2,890 a month. That is up 3.2% from $2,800 in FY 2026. Nipomo is in the San Luis Obispo-Paso Robles, CA MSA. 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 $2,720. The median county two-bedroom FMR in California is $1,725, so Nipomo is 68% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Nipomo, CA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,930
$2,010
+4.1%
$1,809–$2,211
1BR
$2,130
$2,210
+3.8%
$1,989–$2,431
2BR
$2,800
$2,890
+3.2%
$2,601–$3,179
3BR
$3,760
$3,860
+2.7%
$3,474–$4,246
4BR
$4,300
$4,470
+4.0%
$4,023–$4,917
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Nipomo, CA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,010
$2,210
$2,890
$3,860
$4,470
FY 2026
$1,930
$2,130
$2,800
$3,760
$4,300
FY 2025
$1,740
$1,940
$2,540
$3,390
$3,840
FY 2024
$1,630
$1,830
$2,400
$3,210
$3,660
FY 2023
$1,530
$1,710
$2,250
$3,100
$3,450
Questions about Nipomo, CA rents
How much will Section 8 pay for a two-bedroom in Nipomo, CA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,720, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,448 to $2,992 a month; under the ZIP-level Small Area FMR of $2,890 it would be $2,601 to $3,179. 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 Nipomo, CA in?
Nipomo, CA is in the San Luis Obispo-Paso Robles, CA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,720.
How much did fair market rent change in Nipomo, CA for FY 2027?
The two-bedroom FMR rose 3.2%, from $2,800 in FY 2026 to $2,890 in FY 2027. Since FY 2023 it has risen 28.4%.
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