Not enough rental comps in this area to determine how FMR aligns with current market rates.
Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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ZIP 92406 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 92406 (San Bernardino, CA) is $2,040 a month. That is down 4.2% from $2,130 in FY 2026. San Bernardino 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, 92406 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 92406 is 18% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 92406
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,640
$1,560
−4.9%
$1,404–$1,716
1BR
$1,720
$1,650
−4.1%
$1,485–$1,815
2BR
$2,130
$2,040
−4.2%
$1,836–$2,244
3BR
$2,820
$2,690
−4.6%
$2,421–$2,959
4BR
$3,400
$3,240
−4.7%
$2,916–$3,564
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 92406
Fiscal year
Studio
1BR
2BR
3BR
4BR
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
How much will Section 8 pay for a two-bedroom in ZIP 92406?
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 92406 in?
ZIP 92406 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 92406 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