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San Diego County/San Diego/92111

92111

ZIPSAFMR
San Diego County, CA
Zillow

ZIP Investment Score

70Below average

095130300
BRFMR
Eff. Rent
0 BR$2,190$2,130
1 BR$2,330$2,440
2 BR$2,820$2,870
3 BR$3,740$3,900
4 BR$4,520$4,600
5 BR$5,198Not available
6 BR$5,978Not available
7 BR$6,874Not available
8 BR$7,906Not available

Purchase Price Calculator

Maximum purchase price
$364,564

Cost breakdown

+Likely effective rent$2,870
HUD FMR$2,820
Market rent$2,900
Est. payment standard (102%)Used$2,870
-Principal and interest-$1,843
Loan amount$291,651
Down payment$72,913
Rate6.50%
Term30 years
-Operating costs-$827
Property taxes-$365
Insurance-$175
Utilities$0
HOA$0
Management-$287
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$45,681(62.7% ROI)
Projected value
$392,596
Return breakdown
Property appreciation+$28,032
Loan principal paid down+$10,449
Rental cash flow+$7,200
5-year hold
+$78,540(107.7% ROI)
Projected value
$412,471
Return breakdown
Property appreciation+$47,907
Loan principal paid down+$18,634
Rental cash flow+$12,000
10-year hold
+$170,509(233.9% ROI)
Projected value
$466,673
Return breakdown
Property appreciation+$102,109
Loan principal paid down+$44,401
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.03
1 BR
0.93
2 BR
0.97
3 BR
0.94
4 BR
0.97
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 92111 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 92111 (San Diego, CA) is $2,820 a month. That is down 5.4% from $2,980 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, 92111 is tied for the 58th-highest two-bedroom rent (county range $1,750–$4,230). The median county two-bedroom FMR in California is $1,725, so ZIP 92111 is 63% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 92111
BedroomsFY 2027Change90–110% range
Studio$2,190−3.5%$1,971–$2,409
1BR$2,330−4.5%$2,097–$2,563
2BR$2,820−5.4%$2,538–$3,102
3BR$3,740−5.8%$3,366–$4,114
4BR$4,520−6.0%$4,068–$4,972

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 92111
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,190$2,330$2,820$3,740$4,520
FY 2026$2,270$2,440$2,980$3,970$4,810
FY 2025$2,030$2,200$2,720$3,640$4,430
FY 2024$1,950$2,130$2,680$3,610$4,390
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 code2 bedroomvs. 92111
92105$2,290−18.8%
92106$2,930+3.9%
92107$3,170+12.4%
92108$4,120+46.1%
92109$3,480+23.4%
92110$3,250+15.2%
92111Current$2,820—
92112$2,8200.0%
92113$2,240−20.6%
92114$2,420−14.2%
92115$2,650−6.0%
92116$2,860+1.4%

Questions about ZIP 92111 rents

How much will Section 8 pay for a two-bedroom in ZIP 92111?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,820, that basic range is $2,538 to $3,102 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 92111 in?

ZIP 92111 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 92111 for FY 2027?

The two-bedroom FMR fell 5.4%, from $2,980 in FY 2026 to $2,820 in FY 2027. Since FY 2023 it has risen 17.5%.

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