San Diego County/La Jolla/92093

92093

ZIPSAFMR

San Diego County, CA

ZIP Investment Score

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$2,600	$2,220	8.1%
1 BR	$2,780	$2,640	7.3%
2 BR	$3,360	$3,130	5.9%
3 BR	$4,450	$3,460	5.2%
4 BR	$5,380	$4,340	5.1%
5 BR	$6,187	Not available	5.1%
6 BR	$7,115	Not available	5.1%
7 BR	$8,182	Not available	5.1%
8 BR	$9,410	Not available	5.1%

Purchase Price Calculator

Maximum purchase price

$403,200

Cost breakdown

+Likely effective rent$3,130

HUD FMR$3,360

Market rentUsed$3,130

Est. payment standard (96%)$3,210

-Principal and interest-$2,039

Loan amount$322,560

Down payment$80,640

Rate6.50%

Term30 years

-Operating costs-$891

Property taxes-$403

Insurance-$175

Utilities$0

HOA$0

Management-$313

=Target cash flow+$200

Calculation mode

BedroomsCash-flow target

Down payment methodDown payment %

HOA / mo

Utilities methodUtilities amount

Management methodManagement % of rent

Hold period projections

Annual appreciation rate

3-year hold

+$49,759(61.7% ROI)

Projected value

$434,203

Return breakdown

Property appreciation+$31,002

Loan principal paid down+$11,557

Rental cash flow+$7,200

5-year hold

+$85,592(106.1% ROI)

Projected value

$456,184

Return breakdown

Property appreciation+$52,984

Loan principal paid down+$20,608

Rental cash flow+$12,000

10-year hold

+$186,036(230.7% ROI)

Projected value

$516,130

Return breakdown

Property appreciation+$112,930

Loan principal paid down+$49,106

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

1.17ratio

FMR$2,600

Market$2,220

vs market+$380

FMR is above market; underwrite to market rent.

1.17

1 BR

1.05ratio

FMR$2,780

Market$2,640

vs market+$140

FMR is near market; voucher and private rents are aligned.

1.05

2 BR

1.07ratio

FMR$3,360

Market$3,130

vs market+$230

FMR is near market; voucher and private rents are aligned.

1.07

3 BR

1.29ratio

FMR$4,450

Market$3,460

vs market+$990

FMR is above market; underwrite to market rent.

1.29

4 BR

1.24ratio

FMR$5,380

Market$4,340

vs market+$1,040

FMR is above market; underwrite to market rent.

1.24

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: --

ZIP 92093 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 92093 (La Jolla, CA) is $3,360 a month. That is down 4.3% from $3,510 in FY 2026. La Jolla 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, 92093 has the 32nd-highest two-bedroom rent (county range $1,750–$4,230). The median county two-bedroom FMR in California is $1,725, so ZIP 92093 is 95% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 92093
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$2,680	$2,600	−3.0%	$2,340–$2,860
1BR	$2,880	$2,780	−3.5%	$2,502–$3,058
2BR	$3,510	$3,360	−4.3%	$3,024–$3,696
3BR	$4,680	$4,450	−4.9%	$4,005–$4,895
4BR	$5,670	$5,380	−5.1%	$4,842–$5,918

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 92093
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$2,600	$2,780	$3,360	$4,450	$5,380
FY 2026	$2,680	$2,880	$3,510	$4,680	$5,670
FY 2025	$2,140	$2,330	$2,880	$3,850	$4,690
FY 2024	$2,060	$2,250	$2,830	$3,820	$4,630
FY 2023	$1,710	$1,890	$2,400	$3,280	$3,990

Two-bedroom rent in nearby San Diego County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 92093
92083	$2,790	−17.0%
92084	$2,600	−22.6%
92085	$2,820	−16.1%
92086	$1,840	−45.2%
92088	$2,820	−16.1%
92091	$3,510	+4.5%
92092	$2,820	−16.1%
92093Current	$3,360	—
92096	$2,820	−16.1%
92101	$4,090	+21.7%
92102	$2,700	−19.6%
92103	$3,210	−4.5%

Questions about ZIP 92093 rents

How much will Section 8 pay for a two-bedroom in ZIP 92093?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $3,360, that basic range is $3,024 to $3,696 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 92093 in?

ZIP 92093 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 92093 for FY 2027?

The two-bedroom FMR fell 4.3%, from $3,510 in FY 2026 to $3,360 in FY 2027. Since FY 2023 it has risen 40.0%.

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 rent La Jolla, CA fair market rent CA statewide rents What is SAFMR?Data sources