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Ventura County/Ventura/93003

93003

ZIPSAFMR
Ventura County, CA
Zillow

ZIP Investment Score

70Below average

095130300
BRFMR
Eff. Rent
0 BR$1,870$1,990
1 BR$2,080$2,150
2 BR$2,470$2,700
3 BR$3,320$3,510
4 BR$3,870$4,260
5 BR$4,451Not available
6 BR$5,118Not available
7 BR$5,886Not available
8 BR$6,769Not available

Purchase Price Calculator

Maximum purchase price
$339,302

Cost breakdown

+Likely effective rent$2,700
HUD FMR$2,470
Market rent$2,830
Est. payment standard (109%)Used$2,700
-Principal and interest-$1,716
Loan amount$271,442
Down payment$67,860
Rate6.50%
Term30 years
-Operating costs-$784
Property taxes-$339
Insurance-$175
Utilities$0
HOA$0
Management-$270
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$43,014(63.4% ROI)
Projected value
$365,392
Return breakdown
Property appreciation+$26,089
Loan principal paid down+$9,725
Rental cash flow+$7,200
5-year hold
+$73,930(108.9% ROI)
Projected value
$383,890
Return breakdown
Property appreciation+$44,587
Loan principal paid down+$17,342
Rental cash flow+$12,000
10-year hold
+$160,357(236.3% ROI)
Projected value
$434,336
Return breakdown
Property appreciation+$95,033
Loan principal paid down+$41,324
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.91
1 BR
0.95
2 BR
0.87
3 BR
0.92
4 BR
0.79
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 93003 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 93003 (Ventura, CA) is $2,470 a month. That is down 7.8% from $2,680 in FY 2026. Ventura is in the Oxnard-Thousand Oaks-Ventura, CA MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 50 ZIP codes in Ventura County, 93003 has the 17th-highest two-bedroom rent (county range $1,980–$4,440). The median county two-bedroom FMR in California is $1,725, so ZIP 93003 is 43% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 93003
BedroomsFY 2027Change90–110% range
Studio$1,870−6.0%$1,683–$2,057
1BR$2,080−7.1%$1,872–$2,288
2BR$2,470−7.8%$2,223–$2,717
3BR$3,320−8.5%$2,988–$3,652
4BR$3,870−8.3%$3,483–$4,257

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 93003
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,870$2,080$2,470$3,320$3,870
FY 2026$1,990$2,240$2,680$3,630$4,220
FY 2025$1,790$2,060$2,460$3,360$3,910
FY 2024$1,660$1,940$2,330$3,190$3,730
FY 2023$1,710$2,010$2,440$3,390$3,990

Two-bedroom rent in nearby Ventura County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 93003
93001$2,450−0.8%
93002$2,430−1.6%
93003Current$2,470—
93004$2,630+6.5%
93005$2,430−1.6%
93006$2,430−1.6%
93007$2,430−1.6%
93009$2,430−1.6%
93010$2,600+5.3%
93011$2,430−1.6%
93012$3,120+26.3%
93015$1,990−19.4%

Questions about ZIP 93003 rents

How much will Section 8 pay for a two-bedroom in ZIP 93003?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,470, that basic range is $2,223 to $2,717 a month. 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 93003 in?

ZIP 93003 is in the Oxnard-Thousand Oaks-Ventura, CA MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in ZIP 93003 for FY 2027?

The two-bedroom FMR fell 7.8%, from $2,680 in FY 2026 to $2,470 in FY 2027. Since FY 2023 it has risen 1.2%.

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