92223
ZIPSAFMR
Riverside County, CA
BRFMR
Eff. Rent
0 BR$1,600$1,410
1 BR$1,670$1,760
2 BR$2,080$2,220
3 BR$2,780$2,550
4 BR$3,380$3,030
5 BR$3,887
6 BR$4,470
7 BR$5,141
8 BR$5,912

Purchase Price Calculator

Maximum purchase price
$267,975

Cost breakdown

+Likely effective rent$2,220
HUD FMR$2,080
Market rent$2,290
Est. payment standard (107%)Used$2,220
Estimated payment standard is $2,220 (107% of FMR).
-Principal and interest-$1,355
Loan amount$214,380
Down payment$53,595
Rate6.50%
Term30 years
-Operating costs-$665
Property taxes-$268
Insurance-$175
Utilities$0
HOA$0
Management-$222
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$35,485(66.2% ROI)
Projected value
$288,579
Current value$267,975
Return breakdown
Property appreciation+$20,605
Loan principal paid down+$7,681
Rental cash flow+$7,200
5-year hold
+$60,911(113.7% ROI)
Projected value
$303,189
Current value$267,975
Return breakdown
Property appreciation+$35,214
Loan principal paid down+$13,697
Rental cash flow+$12,000
10-year hold
+$131,692(245.7% ROI)
Projected value
$343,030
Current value$267,975
Return breakdown
Property appreciation+$75,056
Loan principal paid down+$32,637
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
1.13ratio
FMR$1,600
Market$1,410
vs market+$190

FMR is above market; underwrite to market rent.

90% standard$1,440 / 1.02 ratio110% standard$1,760 / 1.25 ratio
1.13
1 BR
1 BR
0.92ratio
FMR$1,670
Market$1,810
vs market-$140

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

90% standard$1,503 / 0.83 ratio110% standard$1,837 / 1.01 ratio
0.92
2 BR
2 BR
0.91ratio
FMR$2,080
Market$2,290
vs market-$210

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

90% standard$1,872 / 0.82 ratio110% standard$2,288 / 1.00 ratio
0.91
3 BR
3 BR
1.09ratio
FMR$2,780
Market$2,550
vs market+$230

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

90% standard$2,502 / 0.98 ratio110% standard$3,058 / 1.20 ratio
1.09
4 BR
4 BR
1.12ratio
FMR$3,380
Market$3,030
vs market+$350

FMR is above market; underwrite to market rent.

90% standard$3,042 / 1.00 ratio110% standard$3,718 / 1.23 ratio
1.12
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 92223 (CA) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

92223 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 92223 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,080 and the 4 bedroom fair market rent is $3,380.

Use this page for searches like 92223 FMR, 92223 fair market rent, and 92223 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 92223
Bedroom sizeHUD FMR
Studio$1,600
1 bedroom$1,670
2 bedroom$2,080
3 bedroom$2,780
4 bedroom$3,380