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San Diego County/La Mesa/91942

91942

ZIPSAFMR
San Diego County, CA
Zillow

ZIP Investment Score

79Below average

095130300
BRFMR
Eff. Rent
0 BR$2,200$1,940
1 BR$2,350$2,560
2 BR$2,840$3,120
3 BR$3,770$3,870
4 BR$4,550$4,370
5 BR$5,233Not available
6 BR$6,017Not available
7 BR$6,920Not available
8 BR$7,958Not available

Purchase Price Calculator

Maximum purchase price
$401,714

Cost breakdown

+Likely effective rent$3,120
HUD FMR$2,840
Market rent$3,290
Est. payment standard (110%)Used$3,120
-Principal and interest-$2,031
Loan amount$321,371
Down payment$80,343
Rate6.50%
Term30 years
-Operating costs-$889
Property taxes-$402
Insurance-$175
Utilities$0
HOA$0
Management-$312
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$49,602(61.7% ROI)
Projected value
$432,602
Return breakdown
Property appreciation+$30,888
Loan principal paid down+$11,514
Rental cash flow+$7,200
5-year hold
+$85,321(106.2% ROI)
Projected value
$454,503
Return breakdown
Property appreciation+$52,789
Loan principal paid down+$20,532
Rental cash flow+$12,000
10-year hold
+$185,439(230.8% ROI)
Projected value
$514,228
Return breakdown
Property appreciation+$112,514
Loan principal paid down+$48,925
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.13
1 BR
0.88
2 BR
0.86
3 BR
0.96
4 BR
1.04
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 91942 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 91942 (La Mesa, CA) is $2,840 a month. That is down 5.6% from $3,010 in FY 2026. La Mesa 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, 91942 is tied for the 56th-highest two-bedroom rent (county range $1,750–$4,230). The median county two-bedroom FMR in California is $1,725, so ZIP 91942 is 65% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 91942
BedroomsFY 2027Change90–110% range
Studio$2,200−4.3%$1,980–$2,420
1BR$2,350−4.9%$2,115–$2,585
2BR$2,840−5.6%$2,556–$3,124
3BR$3,770−6.0%$3,393–$4,147
4BR$4,550−6.4%$4,095–$5,005

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 91942
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,200$2,350$2,840$3,770$4,550
FY 2026$2,300$2,470$3,010$4,010$4,860
FY 2025$2,080$2,260$2,800$3,740$4,560
FY 2024$2,010$2,190$2,760$3,720$4,520
FY 2023$1,760$1,940$2,470$3,380$4,110

Two-bedroom rent in nearby San Diego County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 91942
91933$2,820−0.7%
91934$2,790−1.8%
91935$2,730−3.9%
91941$2,630−7.4%
91942Current$2,840—
91943$2,820−0.7%
91944$2,820−0.7%
91945$2,350−17.3%
91946$2,820−0.7%
91948$2,810−1.1%
91950$2,220−21.8%
91951$2,820−0.7%

Questions about ZIP 91942 rents

How much will Section 8 pay for a two-bedroom in ZIP 91942?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,840, that basic range is $2,556 to $3,124 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 91942 in?

ZIP 91942 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 91942 for FY 2027?

The two-bedroom FMR fell 5.6%, from $3,010 in FY 2026 to $2,840 in FY 2027. Since FY 2023 it has risen 15.0%.

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

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