92656
ZIPSAFMR
Orange County, CA
BRFMR
Eff. Rent
0 BR$3,250$2,650
1 BR$3,330$2,940
2 BR$3,920$3,550
3 BR$5,320$4,290
4 BR$6,350$5,420
5 BR$7,302
6 BR$8,398
7 BR$9,658
8 BR$11,106

Purchase Price Calculator

Maximum purchase price
$465,612

Cost breakdown

+Likely effective rent$3,550
HUD FMR$3,920
Market rentUsed$3,550
Est. payment standard (94%)$3,680
Market rent is below the inferred standard ($3,680, 94% of FMR).
-Principal and interest-$2,354
Loan amount$372,490
Down payment$93,122
Rate6.50%
Term30 years
-Operating costs-$996
Property taxes-$466
Insurance-$175
Utilities$0
HOA$0
Management-$355
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$56,347(60.5% ROI)
Projected value
$501,413
Current value$465,612
Return breakdown
Property appreciation+$35,801
Loan principal paid down+$13,345
Rental cash flow+$7,200
5-year hold
+$96,984(104.1% ROI)
Projected value
$526,797
Current value$465,612
Return breakdown
Property appreciation+$61,185
Loan principal paid down+$23,798
Rental cash flow+$12,000
10-year hold
+$211,118(226.7% ROI)
Projected value
$596,023
Current value$465,612
Return breakdown
Property appreciation+$130,411
Loan principal paid down+$56,707
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
1.23ratio
FMR$3,250
Market$2,650
vs market+$600

FMR is above market; underwrite to market rent.

90% standard$2,925 / 1.10 ratio110% standard$3,575 / 1.35 ratio
1.23
1 BR
1 BR
1.13ratio
FMR$3,330
Market$2,940
vs market+$390

FMR is above market; underwrite to market rent.

90% standard$2,997 / 1.02 ratio110% standard$3,663 / 1.25 ratio
1.13
2 BR
2 BR
1.10ratio
FMR$3,920
Market$3,550
vs market+$370

FMR is above market; underwrite to market rent.

90% standard$3,528 / 0.99 ratio110% standard$4,312 / 1.21 ratio
1.10
3 BR
3 BR
1.24ratio
FMR$5,320
Market$4,290
vs market+$1,030

FMR is above market; underwrite to market rent.

90% standard$4,788 / 1.12 ratio110% standard$5,852 / 1.36 ratio
1.24
4 BR
4 BR
1.17ratio
FMR$6,350
Market$5,420
vs market+$930

FMR is above market; underwrite to market rent.

90% standard$5,715 / 1.05 ratio110% standard$6,985 / 1.29 ratio
1.17
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents across all bedroom 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 92656 (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.

92656 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 92656 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $3,920 and the 4 bedroom fair market rent is $6,350.

Use this page for searches like 92656 FMR, 92656 fair market rent, and 92656 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 92656
Bedroom sizeHUD FMR
Studio$3,250
1 bedroom$3,330
2 bedroom$3,920
3 bedroom$5,320
4 bedroom$6,350