Skip to main content
Loading page

Ripon, CA

CitySAFMR
San Joaquin County
Found 1 ZIP

City Median Investment Score

72Below average

095130300
BRFMR
Eff. Rent
0 BR$1,640$1,800
1 BR$1,750$1,930
2 BR$2,170$2,220
3 BR$3,000$2,570
4 BR$3,630$3,060
5 BR$4,175Not available
6 BR$4,801Not available
7 BR$5,521Not available
8 BR$6,349Not available

Purchase Price Calculator

Maximum purchase price
$267,975

Cost breakdown

+Likely effective rent$2,220
HUD FMR$2,170
Market rent$2,240
Est. payment standard (102%)Used$2,220
-Principal and interest-$1,355
Loan amount$214,380
Down payment$53,595
Rate6.50%
Term30 years
-Operating costs-$665
Property taxes-$268
Insurance-$175
Utilities$0
HOA$0
Management-$222
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$35,485(66.2% ROI)
Projected value
$288,579
Return breakdown
Property appreciation+$20,605
Loan principal paid down+$7,681
Rental cash flow+$7,200
5-year hold
+$60,911(113.7% ROI)
Projected value
$303,189
Return breakdown
Property appreciation+$35,214
Loan principal paid down+$13,697
Rental cash flow+$12,000
10-year hold
+$131,692(245.7% ROI)
Projected value
$343,030
Return breakdown
Property appreciation+$75,056
Loan principal paid down+$32,637
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
0.84
1 BR
0.85
2 BR
0.97
3 BR
1.17
4 BR
1.19
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Ripon, CA fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Ripon, CA is $2,170 a month. That is up 15.4% from $1,880 in FY 2026. Ripon is in the Stockton-Lodi, 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 $2,015. The median county two-bedroom FMR in California is $1,725, so Ripon is 26% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Ripon, CA
BedroomsFY 2027Change90–110% range
Studio$1,640+18.0%$1,476–$1,804
1BR$1,750+15.9%$1,575–$1,925
2BR$2,170+15.4%$1,953–$2,387
3BR$3,000+14.9%$2,700–$3,300
4BR$3,630+15.2%$3,267–$3,993

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Ripon, CA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,640$1,750$2,170$3,000$3,630
FY 2026$1,390$1,510$1,880$2,610$3,150
FY 2025$1,360$1,480$1,890$2,650$3,170
FY 2024$1,240$1,370$1,770$2,490$3,000
FY 2023$1,160$1,290$1,690$2,400$2,880

Questions about Ripon, CA rents

How much will Section 8 pay for a two-bedroom in Ripon, CA?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,015, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,814 to $2,217 a month; under the ZIP-level Small Area FMR of $2,170 it would be $1,953 to $2,387. 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 Ripon, CA in?

Ripon, CA is in the Stockton-Lodi, CA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,015.

How much did fair market rent change in Ripon, CA for FY 2027?

The two-bedroom FMR rose 15.4%, from $1,880 in FY 2026 to $2,170 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