FMR is near market; voucher and private rents are aligned.
1.01
1 BR
1 BR- 93950
0.98ratio
FMR$2,670
Market$2,720
vs market-$50
FMR is near market; voucher and private rents are aligned.
0.98
2 BR
2 BR- 93950
0.87ratio
FMR$3,210
Market$3,690
vs market-$480
FMR is below market; voucher rent may lag private rents.
0.87
3 BR
3 BR- 93950
0.98ratio
FMR$4,320
Market$4,400
vs market-$80
FMR is near market; voucher and private rents are aligned.
0.98
4 BR
4 BR- 93950
0.98ratio
FMR$4,710
Market$4,820
vs market-$110
FMR is near market; voucher and private rents are aligned.
0.98
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
--
Pacific Grove, CA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Pacific Grove, CA is $3,210 a month. That is down 9.8% from $3,560 in FY 2026. Pacific Grove is in the Salinas, 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 $2,416. The median county two-bedroom FMR in California is $1,725, so Pacific Grove is 86% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Pacific Grove, CA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,880
$2,600
−9.7%
$2,340–$2,860
1BR
$2,960
$2,670
−9.8%
$2,403–$2,937
2BR
$3,560
$3,210
−9.8%
$2,889–$3,531
3BR
$4,800
$4,320
−10.0%
$3,888–$4,752
4BR
$5,230
$4,710
−9.9%
$4,239–$5,181
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Pacific Grove, CA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,600
$2,670
$3,210
$4,320
$4,710
FY 2026
$2,880
$2,960
$3,560
$4,800
$5,230
FY 2025
$3,200
$3,280
$3,950
$5,330
$5,810
FY 2024
$3,060
$3,100
$3,770
$5,230
$5,760
FY 2023
$2,890
$3,000
$3,660
$5,190
$5,670
Questions about Pacific Grove, CA rents
How much will Section 8 pay for a two-bedroom in Pacific Grove, CA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,416, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,174 to $2,658 a month; under the ZIP-level Small Area FMR of $3,210 it would be $2,889 to $3,531. 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 Pacific Grove, CA in?
Pacific Grove, CA is in the Salinas, CA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,416.
How much did fair market rent change in Pacific Grove, CA for FY 2027?
The two-bedroom FMR fell 9.8%, from $3,560 in FY 2026 to $3,210 in FY 2027. Since FY 2023 it has fallen 12.3%.
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