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Orange County/Tustin/92780

92780

ZIPSAFMR
Orange County, CA
Zillow

ZIP Investment Score

45Below average

095130300
BRFMR
Eff. Rent
0 BR$2,530$2,270
1 BR$2,560$2,510
2 BR$3,000$3,250
3 BR$4,080$3,960
4 BR$4,870$4,740
5 BR$5,601Not available
6 BR$6,441Not available
7 BR$7,407Not available
8 BR$8,518Not available

Purchase Price Calculator

Maximum purchase price
$421,032

Cost breakdown

+Likely effective rent$3,250
HUD FMR$3,000
Market rent$3,390
Est. payment standard (108%)Used$3,250
-Principal and interest-$2,129
Loan amount$336,826
Down payment$84,206
Rate6.50%
Term30 years
-Operating costs-$921
Property taxes-$421
Insurance-$175
Utilities$0
HOA$0
Management-$325
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$51,641(61.3% ROI)
Projected value
$453,406
Return breakdown
Property appreciation+$32,373
Loan principal paid down+$12,068
Rental cash flow+$7,200
5-year hold
+$88,847(105.5% ROI)
Projected value
$476,359
Return breakdown
Property appreciation+$55,327
Loan principal paid down+$21,520
Rental cash flow+$12,000
10-year hold
+$193,203(229.4% ROI)
Projected value
$538,957
Return breakdown
Property appreciation+$117,925
Loan principal paid down+$51,278
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.11
1 BR
1.02
2 BR
0.88
3 BR
1.03
4 BR
1.03
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 92780 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 92780 (Tustin, CA) is $3,000 a month. That is down 2.9% from $3,090 in FY 2026. Tustin 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, 92780 is tied for the 111th-highest two-bedroom rent (county range $2,690–$4,590). The median county two-bedroom FMR in California is $1,725, so ZIP 92780 is 74% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 92780
BedroomsFY 2027Change90–110% range
Studio$2,530−1.2%$2,277–$2,783
1BR$2,560−2.3%$2,304–$2,816
2BR$3,000−2.9%$2,700–$3,300
3BR$4,080−2.6%$3,672–$4,488
4BR$4,870−2.8%$4,383–$5,357

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 92780
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,530$2,560$3,000$4,080$4,870
FY 2026$2,560$2,620$3,090$4,190$5,010
FY 2025$2,170$2,270$2,680$3,630$4,330
FY 2024$2,060$2,200$2,610$3,530$4,190
FY 2023$1,890$2,060$2,480$3,370$3,940

Two-bedroom rent in nearby Orange County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 92780
92780Current$3,000—
92781$3,060+2.0%
92782$3,570+19.0%
92799$3,060+2.0%
92801$2,920−2.7%
92802$2,920−2.7%
92803$3,060+2.0%
92804$2,920−2.7%
92805$2,920−2.7%
92806$3,180+6.0%
92807$3,760+25.3%
92808$3,670+22.3%

Questions about ZIP 92780 rents

How much will Section 8 pay for a two-bedroom in ZIP 92780?

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 $3,000 it would be $2,700 to $3,300. 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 92780 in?

ZIP 92780 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 92780 for FY 2027?

The two-bedroom FMR fell 2.9%, from $3,090 in FY 2026 to $3,000 in FY 2027. Since FY 2023 it has risen 21.0%.

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

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