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San Bernardino County/Redlands/92373

92373

ZIPSAFMR
San Bernardino County, CA
Zillow

ZIP Investment Score

79Below average

095130300
BRFMR
Eff. Rent
0 BR$1,920$1,610
1 BR$2,040$1,870
2 BR$2,520$2,350
3 BR$3,320$3,020
4 BR$4,000$3,550
5 BR$4,600Not available
6 BR$5,290Not available
7 BR$6,083Not available
8 BR$6,996Not available

Purchase Price Calculator

Maximum purchase price
$287,293

Cost breakdown

+Likely effective rent$2,350
HUD FMR$2,520
Market rentUsed$2,350
Est. payment standard (96%)$2,410
-Principal and interest-$1,453
Loan amount$229,834
Down payment$57,459
Rate6.50%
Term30 years
-Operating costs-$697
Property taxes-$287
Insurance-$175
Utilities$0
HOA$0
Management-$235
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$37,525(65.3% ROI)
Projected value
$309,383
Return breakdown
Property appreciation+$22,090
Loan principal paid down+$8,234
Rental cash flow+$7,200
5-year hold
+$64,437(112.1% ROI)
Projected value
$325,045
Return breakdown
Property appreciation+$37,753
Loan principal paid down+$14,684
Rental cash flow+$12,000
10-year hold
+$139,456(242.7% ROI)
Projected value
$367,759
Return breakdown
Property appreciation+$80,466
Loan principal paid down+$34,990
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.19
1 BR
1.09
2 BR
1.07
3 BR
1.10
4 BR
1.13
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 92373 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 92373 (Redlands, CA) is $2,520 a month. That is down 6.0% from $2,680 in FY 2026. Redlands 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, 92373 is tied for the 13th-highest two-bedroom rent (county range $1,870–$3,150). The median county two-bedroom FMR in California is $1,725, so ZIP 92373 is 46% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 92373
BedroomsFY 2027Change90–110% range
Studio$1,920−6.8%$1,728–$2,112
1BR$2,040−5.6%$1,836–$2,244
2BR$2,520−6.0%$2,268–$2,772
3BR$3,320−6.5%$2,988–$3,652
4BR$4,000−6.5%$3,600–$4,400

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 92373
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,920$2,040$2,520$3,320$4,000
FY 2026$2,060$2,160$2,680$3,550$4,280
FY 2025$2,100$2,190$2,730$3,650$4,430
FY 2024$1,760$1,870$2,330$3,140$3,830
FY 2023$1,510$1,650$2,070$2,810$3,450

Two-bedroom rent in nearby San Bernardino County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 92373
92365$1,990−21.0%
92366$2,040−19.0%
92368$1,990−21.0%
92369$1,990−21.0%
92371$1,990−21.0%
92372$1,990−21.0%
92373Current$2,520—
92374$2,400−4.8%
92375$2,040−19.0%
92376$2,050−18.7%
92377$2,820+11.9%
92378$1,990−21.0%

Questions about ZIP 92373 rents

How much will Section 8 pay for a two-bedroom in ZIP 92373?

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 $2,520 it would be $2,268 to $2,772. 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 92373 in?

ZIP 92373 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 92373 for FY 2027?

The two-bedroom FMR fell 6.0%, from $2,680 in FY 2026 to $2,520 in FY 2027. Since FY 2023 it has risen 21.7%.

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