FMR is near market; voucher and private rents are aligned.
1.00
1 BR
1 BR
0.83ratio
FMR$2,610
Market$3,150
vs market-$540
FMR is below market; voucher rent may lag private rents.
0.83
2 BR
2 BR
0.85ratio
FMR$3,060
Market$3,610
vs market-$550
FMR is below market; voucher rent may lag private rents.
0.85
3 BR
3 BR
0.86ratio
FMR$4,160
Market$4,840
vs market-$680
FMR is below market; voucher rent may lag private rents.
0.86
4 BR
4 BR
0.77ratio
FMR$4,970
Market$6,480
vs market-$1,510
FMR is below market; voucher rent may lag private rents.
0.77
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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ZIP 92658 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 92658 (Newport Beach, CA) is $3,060 a month. That is down 5.6% from $3,240 in FY 2026. Newport Beach is in the Santa Ana-Anaheim-Irvine, CA HUD Metro FMR Area. 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 $3,057. Among 143 ZIP codes in Orange County, 92658 is tied for the 55th-highest two-bedroom rent (county range $2,690–$4,590). The median county two-bedroom FMR in California is $1,725, so ZIP 92658 is 77% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 92658
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,690
$2,580
−4.1%
$2,322–$2,838
1BR
$2,750
$2,610
−5.1%
$2,349–$2,871
2BR
$3,240
$3,060
−5.6%
$2,754–$3,366
3BR
$4,400
$4,160
−5.5%
$3,744–$4,576
4BR
$5,250
$4,970
−5.3%
$4,473–$5,467
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 92658
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,580
$2,610
$3,060
$4,160
$4,970
FY 2026
$2,690
$2,750
$3,240
$4,400
$5,250
FY 2025
$2,350
$2,450
$2,900
$3,920
$4,690
FY 2024
$2,200
$2,340
$2,780
$3,760
$4,460
FY 2023
$1,940
$2,110
$2,540
$3,450
$4,030
Two-bedroom rent in nearby Orange County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 92658?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $3,057, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,751 to $3,363 a month; under the ZIP-level Small Area FMR of $3,060 it would be $2,754 to $3,366. 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 92658 in?
ZIP 92658 is in the Santa Ana-Anaheim-Irvine, CA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $3,057.
How much did fair market rent change in ZIP 92658 for FY 2027?
The two-bedroom FMR fell 5.6%, from $3,240 in FY 2026 to $3,060 in FY 2027. Since FY 2023 it has risen 20.5%.
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