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Orange County/Buena Park/90620

90620

ZIPSAFMR
Orange County, CA
Zillow

ZIP Investment Score

51Below average

095130300
BRFMR
Eff. Rent
0 BR$2,510$2,230
1 BR$2,540$2,490
2 BR$2,970$3,060
3 BR$4,030$3,690
4 BR$4,820$4,430
5 BR$5,543Not available
6 BR$6,374Not available
7 BR$7,331Not available
8 BR$8,430Not available

Purchase Price Calculator

Maximum purchase price
$392,798

Cost breakdown

+Likely effective rent$3,060
HUD FMR$2,970
Market rent$3,110
Est. payment standard (103%)Used$3,060
-Principal and interest-$1,986
Loan amount$314,239
Down payment$78,560
Rate6.50%
Term30 years
-Operating costs-$874
Property taxes-$393
Insurance-$175
Utilities$0
HOA$0
Management-$306
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$48,661(61.9% ROI)
Projected value
$423,001
Return breakdown
Property appreciation+$30,203
Loan principal paid down+$11,258
Rental cash flow+$7,200
5-year hold
+$83,694(106.5% ROI)
Projected value
$444,415
Return breakdown
Property appreciation+$51,617
Loan principal paid down+$20,077
Rental cash flow+$12,000
10-year hold
+$181,856(231.5% ROI)
Projected value
$502,815
Return breakdown
Property appreciation+$110,017
Loan principal paid down+$47,839
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.13
1 BR
1.02
2 BR
0.95
3 BR
1.09
4 BR
1.09
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 90620 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 90620 (Buena Park, CA) is $2,970 a month. That is down 6.6% from $3,180 in FY 2026. Buena Park is in the Santa Ana-Anaheim-Irvine, CA HUD Metro 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 metro-wide two-bedroom FMR of $3,057. Among 143 ZIP codes in Orange County, 90620 has the 114th-highest two-bedroom rent (county range $2,690–$4,590). The median county two-bedroom FMR in California is $1,725, so ZIP 90620 is 72% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 90620
BedroomsFY 2027Change90–110% range
Studio$2,510−4.9%$2,259–$2,761
1BR$2,540−5.9%$2,286–$2,794
2BR$2,970−6.6%$2,673–$3,267
3BR$4,030−6.7%$3,627–$4,433
4BR$4,820−6.6%$4,338–$5,302

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 90620
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,510$2,540$2,970$4,030$4,820
FY 2026$2,640$2,700$3,180$4,320$5,160
FY 2025$2,320$2,420$2,860$3,870$4,620
FY 2024$2,160$2,300$2,730$3,700$4,380
FY 2023$1,890$2,060$2,470$3,350$3,920

Two-bedroom rent in nearby Orange County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 90620
90620Current$2,970—
90621$2,920−1.7%
90622$3,060+3.0%
90623$2,790−6.1%
90624$3,060+3.0%
90630$3,100+4.4%
90631$2,690−9.4%
90632$3,060+3.0%
90633$3,060+3.0%
90680$2,920−1.7%
90720$3,070+3.4%
90721$3,060+3.0%

Questions about ZIP 90620 rents

How much will Section 8 pay for a two-bedroom in ZIP 90620?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $3,057, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,751 to $3,363 a month; under the ZIP-level Small Area FMR of $2,970 it would be $2,673 to $3,267. 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 90620 in?

ZIP 90620 is in the Santa Ana-Anaheim-Irvine, CA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $3,057.

How much did fair market rent change in ZIP 90620 for FY 2027?

The two-bedroom FMR fell 6.6%, from $3,180 in FY 2026 to $2,970 in FY 2027. Since FY 2023 it has risen 20.2%.

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

County fair market rentBuena Park, CA fair market rentCA statewide rentsWhat is SAFMR?Data sources