FMR is near market; voucher and private rents are aligned.
1.06
3 BR
3 BR- 93962
1.17ratio
FMR$4,380
Market$3,750
vs market+$630
FMR is above market; underwrite to market rent.
1.17
4 BR
4 BR- 93962
1.10ratio
FMR$4,820
Market$4,400
vs market+$420
FMR is near market; voucher and private rents are aligned.
1.10
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
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Spreckels, CA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Spreckels, CA is $3,160 a month. That is down 10.0% from $3,510 in FY 2026. Spreckels 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 Spreckels is 83% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Spreckels, CA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,850
$2,570
−9.8%
$2,313–$2,827
1BR
$2,880
$2,600
−9.7%
$2,340–$2,860
2BR
$3,510
$3,160
−10.0%
$2,844–$3,476
3BR
$4,860
$4,380
−9.9%
$3,942–$4,818
4BR
$5,350
$4,820
−9.9%
$4,338–$5,302
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Spreckels, CA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,570
$2,600
$3,160
$4,380
$4,820
FY 2026
$2,850
$2,880
$3,510
$4,860
$5,350
FY 2025
$3,160
$3,200
$3,890
$5,400
$5,940
FY 2024
$3,510
$3,550
$4,320
$5,990
$6,600
FY 2023
$3,170
$3,290
$4,010
$5,680
$6,210
Questions about Spreckels, CA rents
How much will Section 8 pay for a two-bedroom in Spreckels, 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 $3,160 it would be $2,844 to $3,476. 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 Spreckels, CA in?
Spreckels, 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 Spreckels, CA for FY 2027?
The two-bedroom FMR fell 10.0%, from $3,510 in FY 2026 to $3,160 in FY 2027. Since FY 2023 it has fallen 21.2%.
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