CA/Monterey County/PACIFIC GROVE
PACIFIC GROVE, CA
CitySAFMR
Monterey County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$2,880$2,580
1 BR$2,960$2,720
2 BR$3,560$3,640
3 BR$4,800$4,400
4 BR$5,230$4,820
5 BR$6,014
6 BR$6,917
7 BR$7,954
8 BR$9,147

Purchase Price Calculator

Maximum purchase price
$478,986

Cost breakdown

+Likely effective rent$3,640
HUD FMR$3,560
Market rent$3,690
Est. payment standard (102%)Used$3,640
Estimated payment standard is $3,640 (102% of FMR).
-Principal and interest-$2,422
Loan amount$383,189
Down payment$95,797
Rate6.50%
Term30 years
-Operating costs-$1,018
Property taxes-$479
Insurance-$175
Utilities$0
HOA$0
Management-$364
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$57,758(60.3% ROI)
Projected value
$515,816
Current value$478,986
Return breakdown
Property appreciation+$36,830
Loan principal paid down+$13,729
Rental cash flow+$7,200
5-year hold
+$99,425(103.8% ROI)
Projected value
$541,929
Current value$478,986
Return breakdown
Property appreciation+$62,943
Loan principal paid down+$24,482
Rental cash flow+$12,000
10-year hold
+$216,493(226.0% ROI)
Projected value
$613,143
Current value$478,986
Return breakdown
Property appreciation+$134,157
Loan principal paid down+$58,336
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio- 93950
1.12ratio
FMR$2,880
Market$2,580
vs market+$300

FMR is above market; underwrite to market rent.

90% standard$2,592 / 1.00 ratio110% standard$3,168 / 1.23 ratio
1.12
1 BR
1 BR- 93950
1.09ratio
FMR$2,960
Market$2,720
vs market+$240

FMR is near market; voucher and private rents are aligned.

90% standard$2,664 / 0.98 ratio110% standard$3,256 / 1.20 ratio
1.09
2 BR
2 BR- 93950
0.96ratio
FMR$3,560
Market$3,690
vs market-$130

FMR is near market; voucher and private rents are aligned.

90% standard$3,204 / 0.87 ratio110% standard$3,916 / 1.06 ratio
0.96
3 BR
3 BR- 93950
1.09ratio
FMR$4,800
Market$4,400
vs market+$400

FMR is near market; voucher and private rents are aligned.

90% standard$4,320 / 0.98 ratio110% standard$5,280 / 1.20 ratio
1.09
4 BR
4 BR- 93950
1.09ratio
FMR$5,230
Market$4,820
vs market+$410

FMR is near market; voucher and private rents are aligned.

90% standard$4,707 / 0.98 ratio110% standard$5,753 / 1.19 ratio
1.09
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for PACIFIC GROVE, CA (CA) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

Related ZIPs

PACIFIC GROVE, CA fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for PACIFIC GROVE, CA shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $3,560 and the 4 bedroom fair market rent is $5,230.

Use this page for searches like PACIFIC GROVE, CA FMR, PACIFIC GROVE, CA fair market rent, and PACIFIC GROVE, CA Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for PACIFIC GROVE, CA
Bedroom sizeHUD FMR
Studio$2,880
1 bedroom$2,960
2 bedroom$3,560
3 bedroom$4,800
4 bedroom$5,230