92155

ZIPSAFMR

San Diego County, CA

ZIP Investment Score

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$3,280	$3,610	2.3%
1 BR	$3,500	$3,850	1.6%
2 BR	$4,230	$4,650	0.2%
3 BR	$5,610	$6,170	-0.4%
4 BR	$6,780	$7,460	-0.5%
5 BR	$7,797	Not available	-0.5%
6 BR	$8,967	Not available	-0.5%
7 BR	$10,312	Not available	-0.5%
8 BR	$11,858	Not available	-0.5%

Purchase Price Calculator

Maximum purchase price

$629,072

Cost breakdown

+Likely effective rent$4,650

HUD FMR$4,230

Market rent$6,030

Est. payment standard (110%)Used$4,650

-Principal and interest-$3,181

Loan amount$503,257

Down payment$125,814

Rate6.50%

Term30 years

-Operating costs-$1,269

Property taxes-$629

Insurance-$175

Utilities$0

HOA$0

Management-$465

=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

+$73,600(58.5% ROI)

Projected value

$677,441

Return breakdown

Property appreciation+$48,370

Loan principal paid down+$18,030

Rental cash flow+$7,200

5-year hold

+$126,818(100.8% ROI)

Projected value

$711,737

Return breakdown

Property appreciation+$82,665

Loan principal paid down+$32,153

Rental cash flow+$12,000

10-year hold

+$276,808(220.0% ROI)

Projected value

$805,265

Return breakdown

Property appreciation+$176,193

Loan principal paid down+$76,615

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

0.72ratio

FMR$3,280

Market$4,530

vs market-$1,250

FMR is below market; voucher rent may lag private rents.

0.72

1 BR

0.73ratio

FMR$3,500

Market$4,790

vs market-$1,290

FMR is below market; voucher rent may lag private rents.

0.73

2 BR

0.70ratio

FMR$4,230

Market$6,030

vs market-$1,800

FMR is below market; voucher rent may lag private rents.

0.70

3 BR

0.64ratio

FMR$5,610

Market$8,830

vs market-$3,220

FMR is below market; voucher rent may lag private rents.

0.64

4 BR

0.64ratio

FMR$6,780

Market$10,590

vs market-$3,810

FMR is below market; voucher rent may lag private rents.

0.64

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 92155 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 92155 (San Diego, CA) is $4,230 a month. That is down 6.0% from $4,500 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, 92155 is tied for the highest two-bedroom rent (county range $1,750–$4,230). The median county two-bedroom FMR in California is $1,725, so ZIP 92155 is 145% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 92155
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$3,430	$3,280	−4.4%	$2,952–$3,608
1BR	$3,690	$3,500	−5.1%	$3,150–$3,850
2BR	$4,500	$4,230	−6.0%	$3,807–$4,653
3BR	$5,990	$5,610	−6.3%	$5,049–$6,171
4BR	$7,270	$6,780	−6.7%	$6,102–$7,458

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 92155
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$3,280	$3,500	$4,230	$5,610	$6,780
FY 2026	$3,430	$3,690	$4,500	$5,990	$7,270
FY 2025	$3,190	$3,460	$4,280	$5,720	$6,970
FY 2024	$3,060	$3,340	$4,210	$5,680	$6,890
FY 2023	$2,130	$2,350	$3,020	$4,190	$5,130

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. 92155
92145	$3,410	−19.4%
92147	$3,410	−19.4%
92149	$2,820	−33.3%
92150	$2,820	−33.3%
92152	$2,820	−33.3%
92153	$2,820	−33.3%
92154	$2,770	−34.5%
92155Current	$4,230	—
92159	$2,820	−33.3%
92160	$2,820	−33.3%
92161	$2,820	−33.3%
92163	$2,820	−33.3%

Questions about ZIP 92155 rents

How much will Section 8 pay for a two-bedroom in ZIP 92155?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $4,230, that basic range is $3,807 to $4,653 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 92155 in?

ZIP 92155 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 92155 for FY 2027?

The two-bedroom FMR fell 6.0%, from $4,500 in FY 2026 to $4,230 in FY 2027. Since FY 2023 it has risen 40.1%.

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 San Diego, CA fair market rent CA statewide rents What is SAFMR?Data sources