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Orange County/Newport Beach/92660

92660

ZIPSAFMR
Orange County, CA
Zillow

ZIP Investment Score

32Below average

095130300
BRFMR
Eff. Rent
0 BR$3,870$2,530
1 BR$3,920$3,040
2 BR$4,590$4,020
3 BR$6,240$6,860
4 BR$7,450$8,200
5 BR$8,568Not available
6 BR$9,853Not available
7 BR$11,331Not available
8 BR$13,030Not available

Purchase Price Calculator

Maximum purchase price
$535,454

Cost breakdown

+Likely effective rent$4,020
HUD FMR$4,590
Market rentUsed$4,020
Est. payment standard (92%)$4,220
-Principal and interest-$2,708
Loan amount$428,363
Down payment$107,091
Rate6.50%
Term30 years
-Operating costs-$1,112
Property taxes-$535
Insurance-$175
Utilities$0
HOA$0
Management-$402
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$63,719(59.5% ROI)
Projected value
$576,625
Return breakdown
Property appreciation+$41,171
Loan principal paid down+$15,347
Rental cash flow+$7,200
5-year hold
+$109,731(102.5% ROI)
Projected value
$605,817
Return breakdown
Property appreciation+$70,363
Loan principal paid down+$27,368
Rental cash flow+$12,000
10-year hold
+$239,186(223.3% ROI)
Projected value
$685,426
Return breakdown
Property appreciation+$149,972
Loan principal paid down+$65,213
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.53
1 BR
1.29
2 BR
1.14
3 BR
0.87
4 BR
0.82
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 92660 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 92660 (Newport Beach, CA) is $4,590 a month. That is down 3.6% from $4,760 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, 92660 has the highest two-bedroom rent (county range $2,690–$4,590). The median county two-bedroom FMR in California is $1,725, so ZIP 92660 is 166% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 92660
BedroomsFY 2027Change90–110% range
Studio$3,870−2.0%$3,483–$4,257
1BR$3,920−3.0%$3,528–$4,312
2BR$4,590−3.6%$4,131–$5,049
3BR$6,240−3.4%$5,616–$6,864
4BR$7,450−3.5%$6,705–$8,195

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 92660
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$3,870$3,920$4,590$6,240$7,450
FY 2026$3,950$4,040$4,760$6,460$7,720
FY 2025$3,340$3,480$4,120$5,570$6,660
FY 2024$3,080$3,280$3,900$5,280$6,260
FY 2023$2,730$2,970$3,570$4,850$5,670

Two-bedroom rent in nearby Orange County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 92660
92652$3,060−33.3%
92653$3,370−26.6%
92654$3,060−33.3%
92655$2,920−36.4%
92656$3,750−18.3%
92657$4,170−9.2%
92658$3,060−33.3%
92659$3,060−33.3%
92660Current$4,590—
92661$3,590−21.8%
92662$3,400−25.9%
92663$3,540−22.9%

Questions about ZIP 92660 rents

How much will Section 8 pay for a two-bedroom in ZIP 92660?

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 $4,590 it would be $4,131 to $5,049. 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 92660 in?

ZIP 92660 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 92660 for FY 2027?

The two-bedroom FMR fell 3.6%, from $4,760 in FY 2026 to $4,590 in FY 2027. Since FY 2023 it has risen 28.6%.

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