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92331

ZIPSAFMR
San Bernardino County, CA
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$1,560$1,320
1 BR$1,650$1,330
2 BR$2,040$2,240
3 BR$2,690$2,900
4 BR$3,240$3,420
5 BR$3,726Not available
6 BR$4,285Not available
7 BR$4,928Not available
8 BR$5,667Not available

Purchase Price Calculator

Maximum purchase price
$270,947

Cost breakdown

+Likely effective rent$2,240
HUD FMR$2,040
Market rent$2,430
Est. payment standard (110%)Used$2,240
-Principal and interest-$1,370
Loan amount$216,757
Down payment$54,189
Rate6.50%
Term30 years
-Operating costs-$670
Property taxes-$271
Insurance-$175
Utilities$0
HOA$0
Management-$224
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$35,799(66.1% ROI)
Projected value
$291,780
Return breakdown
Property appreciation+$20,833
Loan principal paid down+$7,766
Rental cash flow+$7,200
5-year hold
+$61,453(113.4% ROI)
Projected value
$306,551
Return breakdown
Property appreciation+$35,605
Loan principal paid down+$13,849
Rental cash flow+$12,000
10-year hold
+$132,887(245.2% ROI)
Projected value
$346,835
Return breakdown
Property appreciation+$75,888
Loan principal paid down+$32,999
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.18
1 BR
1.24
2 BR
0.84
3 BR
0.89
4 BR
0.92
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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ZIP 92331 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 92331 (Fontana, CA) is $2,040 a month. That is down 4.2% from $2,130 in FY 2026. Fontana is in the Riverside-San Bernardino-Ontario, CA MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $2,103. Among 114 ZIP codes in San Bernardino County, 92331 is tied for the 35th-highest two-bedroom rent (county range $1,870–$3,150). The median county two-bedroom FMR in California is $1,725, so ZIP 92331 is 18% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 92331
BedroomsFY 2027Change90–110% range
Studio$1,560−4.9%$1,404–$1,716
1BR$1,650−4.1%$1,485–$1,815
2BR$2,040−4.2%$1,836–$2,244
3BR$2,690−4.6%$2,421–$2,959
4BR$3,240−4.7%$2,916–$3,564

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 92331
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,560$1,650$2,040$2,690$3,240
FY 2026$1,640$1,720$2,130$2,820$3,400
FY 2025$1,720$1,790$2,230$2,980$3,620
FY 2024$1,460$1,560$1,940$2,610$3,190
FY 2023$1,240$1,360$1,700$2,310$2,840

Two-bedroom rent in nearby San Bernardino County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 92331
92324$2,100+2.9%
92325$1,990−2.5%
92327$1,990−2.5%
92329$2,0400.0%
92331Current$2,040—
92332$2,0400.0%
92333$2,020−1.0%
92334$2,0400.0%
92335$2,150+5.4%
92336$2,560+25.5%
92337$2,520+23.5%
92338$2,0400.0%

Questions about ZIP 92331 rents

How much will Section 8 pay for a two-bedroom in ZIP 92331?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,103, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,893 to $2,313 a month; under the ZIP-level Small Area FMR of $2,040 it would be $1,836 to $2,244. 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 92331 in?

ZIP 92331 is in the Riverside-San Bernardino-Ontario, CA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,103.

How much did fair market rent change in ZIP 92331 for FY 2027?

The two-bedroom FMR fell 4.2%, from $2,130 in FY 2026 to $2,040 in FY 2027. Since FY 2023 it has risen 20.0%.

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