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San Diego County/San Diego/92106

92106

ZIPSAFMR
San Diego County, CA
Zillow

ZIP Investment Score

36Below average

095130300
BRFMR
Eff. Rent
0 BR$2,270$2,300
1 BR$2,420$2,660
2 BR$2,930$3,220
3 BR$3,880$4,270
4 BR$4,700$5,170
5 BR$5,405Not available
6 BR$6,216Not available
7 BR$7,148Not available
8 BR$8,220Not available

Purchase Price Calculator

Maximum purchase price
$416,574

Cost breakdown

+Likely effective rent$3,220
HUD FMR$2,930
Market rent$4,110
Est. payment standard (110%)Used$3,220
-Principal and interest-$2,106
Loan amount$333,259
Down payment$83,315
Rate6.50%
Term30 years
-Operating costs-$914
Property taxes-$417
Insurance-$175
Utilities$0
HOA$0
Management-$322
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$51,171(61.4% ROI)
Projected value
$448,605
Return breakdown
Property appreciation+$32,031
Loan principal paid down+$11,940
Rental cash flow+$7,200
5-year hold
+$88,033(105.7% ROI)
Projected value
$471,315
Return breakdown
Property appreciation+$54,741
Loan principal paid down+$21,292
Rental cash flow+$12,000
10-year hold
+$191,411(229.7% ROI)
Projected value
$533,250
Return breakdown
Property appreciation+$116,676
Loan principal paid down+$50,735
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.98
1 BR
0.73
2 BR
0.71
3 BR
0.68
4 BR
0.63
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 92106 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 92106 (San Diego, CA) is $2,930 a month. That is down 8.2% from $3,190 in FY 2026. San Diego 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, 92106 has the 51st-highest two-bedroom rent (county range $1,750–$4,230). The median county two-bedroom FMR in California is $1,725, so ZIP 92106 is 70% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 92106
BedroomsFY 2027Change90–110% range
Studio$2,270−6.6%$2,043–$2,497
1BR$2,420−7.3%$2,178–$2,662
2BR$2,930−8.2%$2,637–$3,223
3BR$3,880−8.7%$3,492–$4,268
4BR$4,700−8.7%$4,230–$5,170

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 92106
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,270$2,420$2,930$3,880$4,700
FY 2026$2,430$2,610$3,190$4,250$5,150
FY 2025$2,320$2,520$3,120$4,170$5,080
FY 2024$2,270$2,480$3,120$4,210$5,110
FY 2023$1,950$2,150$2,730$3,730$4,540

Two-bedroom rent in nearby San Diego County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 92106
92101$4,090+39.6%
92102$2,700−7.8%
92103$3,210+9.6%
92104$2,910−0.7%
92105$2,290−21.8%
92106Current$2,930—
92107$3,170+8.2%
92108$4,120+40.6%
92109$3,480+18.8%
92110$3,250+10.9%
92111$2,820−3.8%
92112$2,820−3.8%

Questions about ZIP 92106 rents

How much will Section 8 pay for a two-bedroom in ZIP 92106?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,930, that basic range is $2,637 to $3,223 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 92106 in?

ZIP 92106 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 92106 for FY 2027?

The two-bedroom FMR fell 8.2%, from $3,190 in FY 2026 to $2,930 in FY 2027. Since FY 2023 it has risen 7.3%.

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 rentSan Diego, CA fair market rentCA statewide rentsWhat is SAFMR?Data sources