FMR is near market; voucher and private rents are aligned.
1.00
1 BR
1 BR- 94951
0.98ratio
FMR$2,080
Market$2,130
vs market-$50
FMR is near market; voucher and private rents are aligned.
0.98
2 BR
2 BR- 94951
1.13ratio
FMR$2,720
Market$2,410
vs market+$310
FMR is above market; underwrite to market rent.
1.13
3 BR
3 BR- 94951
1.08ratio
FMR$3,770
Market$3,500
vs market+$270
FMR is near market; voucher and private rents are aligned.
1.08
4 BR
4 BR- 94951
1.03ratio
FMR$4,140
Market$4,020
vs market+$120
FMR is near market; voucher and private rents are aligned.
1.03
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
--
Penngrove, CA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Penngrove, CA is $2,720 a month. That is up 4.2% from $2,610 in FY 2026. Penngrove is in the Santa Rosa-Petaluma, 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 $2,819. The median county two-bedroom FMR in California is $1,725, so Penngrove is 58% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Penngrove, CA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,800
$1,910
+6.1%
$1,719–$2,101
1BR
$1,990
$2,080
+4.5%
$1,872–$2,288
2BR
$2,610
$2,720
+4.2%
$2,448–$2,992
3BR
$3,590
$3,770
+5.0%
$3,393–$4,147
4BR
$3,830
$4,140
+8.1%
$3,726–$4,554
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Penngrove, CA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,910
$2,080
$2,720
$3,770
$4,140
FY 2026
$1,800
$1,990
$2,610
$3,590
$3,830
FY 2025
$1,600
$1,780
$2,340
$3,200
$3,380
FY 2024
$1,380
$1,540
$2,030
$2,800
$3,030
FY 2023
$1,320
$1,480
$1,950
$2,690
$2,910
Questions about Penngrove, CA rents
How much will Section 8 pay for a two-bedroom in Penngrove, CA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,819, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,537 to $3,101 a month; under the ZIP-level Small Area FMR of $2,720 it would be $2,448 to $2,992. 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 Penngrove, CA in?
Penngrove, CA is in the Santa Rosa-Petaluma, CA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,819.
How much did fair market rent change in Penngrove, CA for FY 2027?
The two-bedroom FMR rose 4.2%, from $2,610 in FY 2026 to $2,720 in FY 2027. Since FY 2023 it has risen 39.5%.
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