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San Diego County/Boulevard/91905

91905

ZIPSAFMR
San Diego County, CA
Zillow

ZIP Investment Score

118Above average

095130300
BRFMR
Eff. Rent
0 BR$2,050$2,050
1 BR$2,180$2,180
2 BR$2,640$2,640
3 BR$3,500$3,500
4 BR$4,240$4,240
5 BR$4,876Not available
6 BR$5,607Not available
7 BR$6,449Not available
8 BR$7,416Not available

Purchase Price Calculator

Maximum purchase price
$330,386

Cost breakdown

+Likely effective rent$2,640
HUD FMRUsed$2,640
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,671
Loan amount$264,309
Down payment$66,077
Rate6.50%
Term30 years
-Operating costs-$769
Property taxes-$330
Insurance-$175
Utilities$0
HOA$0
Management-$264
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$42,073(63.7% ROI)
Projected value
$355,790
Return breakdown
Property appreciation+$25,404
Loan principal paid down+$9,470
Rental cash flow+$7,200
5-year hold
+$72,302(109.4% ROI)
Projected value
$373,802
Return breakdown
Property appreciation+$43,415
Loan principal paid down+$16,887
Rental cash flow+$12,000
10-year hold
+$156,774(237.3% ROI)
Projected value
$422,923
Return breakdown
Property appreciation+$92,536
Loan principal paid down+$40,238
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
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Tax rate
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Mortgage rate
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ZIP 91905 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 91905 (Boulevard, CA) is $2,640 a month. That is down 1.9% from $2,690 in FY 2026. Boulevard is in the San Diego-Chula Vista-Carlsbad, CA MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 174 ZIP codes in San Diego County, 91905 is tied for the 143rd-highest two-bedroom rent (county range $1,750–$4,230). The median county two-bedroom FMR in California is $1,725, so ZIP 91905 is 53% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 91905
BedroomsFY 2027Change90–110% range
Studio$2,050−0.5%$1,845–$2,255
1BR$2,180−1.4%$1,962–$2,398
2BR$2,640−1.9%$2,376–$2,904
3BR$3,500−2.2%$3,150–$3,850
4BR$4,240−2.5%$3,816–$4,664

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 91905
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,050$2,180$2,640$3,500$4,240
FY 2026$2,060$2,210$2,690$3,580$4,350
FY 2025$1,810$1,960$2,430$3,260$3,960
FY 2024$1,830$2,000$2,520$3,400$4,120
FY 2023$1,460$1,610$2,040$2,800$3,390

Two-bedroom rent in nearby San Diego County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 91905
91901$2,610−1.1%
91902$2,870+8.7%
91903$2,820+6.8%
91905Current$2,640—
91906$2,080−21.2%
91908$2,820+6.8%
91910$2,590−1.9%
91911$2,660+0.8%
91912$2,820+6.8%
91913$3,740+41.7%
91914$4,120+56.1%
91915$3,810+44.3%

Questions about ZIP 91905 rents

How much will Section 8 pay for a two-bedroom in ZIP 91905?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,640, that basic range is $2,376 to $2,904 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 91905 in?

ZIP 91905 is in the San Diego-Chula Vista-Carlsbad, CA MSA. 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 91905 for FY 2027?

The two-bedroom FMR fell 1.9%, from $2,690 in FY 2026 to $2,640 in FY 2027. Since FY 2023 it has risen 29.4%.

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

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