FMR is below market; voucher rent may lag private rents.
0.53
1 BR
1 BR
0.56ratio
FMR$3,140
Market$5,620
vs market-$2,480
FMR is below market; voucher rent may lag private rents.
0.56
2 BR
2 BR
0.54ratio
FMR$3,910
Market$7,210
vs market-$3,300
FMR is below market; voucher rent may lag private rents.
0.54
3 BR
3 BR
0.45ratio
FMR$4,960
Market$10,940
vs market-$5,980
FMR is below market; voucher rent may lag private rents.
0.45
4 BR
4 BR
0.40ratio
FMR$5,540
Market$13,700
vs market-$8,160
FMR is below market; voucher rent may lag private rents.
0.40
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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ZIP 90263 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 90263 (Malibu, CA) is $3,910 a month. That is down 9.9% from $4,340 in FY 2026. Malibu is in the Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 458 ZIP codes in Los Angeles County, 90263 is tied for the 52nd-highest two-bedroom rent (county range $1,870–$4,450). The median county two-bedroom FMR in California is $1,725, so ZIP 90263 is 127% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 90263
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$3,110
$2,800
−10.0%
$2,520–$3,080
1BR
$3,480
$3,140
−9.8%
$2,826–$3,454
2BR
$4,340
$3,910
−9.9%
$3,519–$4,301
3BR
$5,510
$4,960
−10.0%
$4,464–$5,456
4BR
$6,150
$5,540
−9.9%
$4,986–$6,094
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 90263
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,800
$3,140
$3,910
$4,960
$5,540
FY 2026
$3,110
$3,480
$4,340
$5,510
$6,150
FY 2025
$2,790
$3,130
$3,940
$5,010
$5,570
FY 2024
$2,660
$3,010
$3,810
$4,900
$5,420
FY 2023
$1,880
$2,170
$2,770
$3,660
$3,990
Two-bedroom rent in nearby Los Angeles County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 90263?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $3,910, that basic range is $3,519 to $4,301 a month. 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 ZIP 90263 in?
ZIP 90263 is in the Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in ZIP 90263 for FY 2027?
The two-bedroom FMR fell 9.9%, from $4,340 in FY 2026 to $3,910 in FY 2027. Since FY 2023 it has risen 41.2%.
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