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CA/Nevada County/Smartsville

Smartsville, CA

CitySAFMR
Nevada County
Found 1 ZIP

City Median Investment Score

88Below average

095130300
BRFMR
Eff. Rent
0 BR$1,440$1,440
1 BR$1,620$1,620
2 BR$2,040$2,040
3 BR$2,820$2,820
4 BR$3,400$3,400
5 BR$3,910Not available
6 BR$4,496Not available
7 BR$5,171Not available
8 BR$5,947Not available

Purchase Price Calculator

Maximum purchase price
$241,227

Cost breakdown

+Likely effective rent$2,040
HUD FMRUsed$2,040
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,220
Loan amount$192,981
Down payment$48,245
Rate6.50%
Term30 years
-Operating costs-$620
Property taxes-$241
Insurance-$175
Utilities$0
HOA$0
Management-$204
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$32,662(67.7% ROI)
Projected value
$259,775
Return breakdown
Property appreciation+$18,548
Loan principal paid down+$6,914
Rental cash flow+$7,200
5-year hold
+$56,029(116.1% ROI)
Projected value
$272,926
Return breakdown
Property appreciation+$31,699
Loan principal paid down+$12,330
Rental cash flow+$12,000
10-year hold
+$120,943(250.7% ROI)
Projected value
$308,791
Return breakdown
Property appreciation+$67,564
Loan principal paid down+$29,379
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
--
Tax rate
--
Mortgage rate
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Smartsville, CA fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Smartsville, CA is $2,040 a month. That is up 3.6% from $1,970 in FY 2026. Smartsville is in the Nevada County, CA non-metropolitan FMR area. 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 county-wide two-bedroom FMR of $1,885. The median county two-bedroom FMR in California is $1,725, so Smartsville is 18% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Smartsville, CA
BedroomsFY 2027Change90–110% range
Studio$1,440−3.4%$1,296–$1,584
1BR$1,620+4.5%$1,458–$1,782
2BR$2,040+3.6%$1,836–$2,244
3BR$2,820+2.5%$2,538–$3,102
4BR$3,400+2.7%$3,060–$3,740

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Smartsville, CA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,440$1,620$2,040$2,820$3,400
FY 2026$1,490$1,550$1,970$2,750$3,310
FY 2025$1,560$1,570$2,030$2,840$3,410
FY 2024$1,540$1,550$2,000$2,820$3,390
FY 2023$1,320$1,330$1,700$2,420$2,900

Questions about Smartsville, CA rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,885, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,697 to $2,074 a month; under the ZIP-level Small Area FMR of $2,040 it would be $1,836 to $2,244. 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 Smartsville, CA in?

Smartsville, CA is in the Nevada County, CA non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,885.

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

The two-bedroom FMR rose 3.6%, from $1,970 in FY 2026 to $2,040 in FY 2027. Since FY 2023 it has risen 20.0%.

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