93105
ZIPSAFMR
Santa Barbara County, CA
BRFMR
Eff. Rent
0 BR$2,900$3,190
1 BR$3,240$3,560
2 BR$3,690$4,060
3 BR$4,810$5,020
4 BR$5,490$5,280
5 BR$6,313
6 BR$7,261
7 BR$8,350
8 BR$9,602

Purchase Price Calculator

Maximum purchase price
$541,398

Cost breakdown

+Likely effective rent$4,060
HUD FMR$3,690
Market rent$4,850
Est. payment standard (110%)Used$4,060
Estimated payment standard is $4,060 (110% of FMR).
-Principal and interest-$2,738
Loan amount$433,118
Down payment$108,280
Rate6.50%
Term30 years
-Operating costs-$1,122
Property taxes-$541
Insurance-$175
Utilities$0
HOA$0
Management-$406
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$64,346(59.4% ROI)
Projected value
$583,026
Current value$541,398
Return breakdown
Property appreciation+$41,628
Loan principal paid down+$15,518
Rental cash flow+$7,200
5-year hold
+$110,816(102.3% ROI)
Projected value
$612,542
Current value$541,398
Return breakdown
Property appreciation+$71,144
Loan principal paid down+$27,672
Rental cash flow+$12,000
10-year hold
+$241,575(223.1% ROI)
Projected value
$693,035
Current value$541,398
Return breakdown
Property appreciation+$151,637
Loan principal paid down+$65,937
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
0.71ratio
FMR$2,900
Market$4,090
vs market-$1,190

FMR is below market; voucher rent may lag private rents.

90% standard$2,610 / 0.64 ratio110% standard$3,190 / 0.78 ratio
0.71
1 BR
1 BR
0.78ratio
FMR$3,240
Market$4,130
vs market-$890

FMR is below market; voucher rent may lag private rents.

90% standard$2,916 / 0.71 ratio110% standard$3,564 / 0.86 ratio
0.78
2 BR
2 BR
0.76ratio
FMR$3,690
Market$4,850
vs market-$1,160

FMR is below market; voucher rent may lag private rents.

90% standard$3,321 / 0.68 ratio110% standard$4,059 / 0.84 ratio
0.76
3 BR
3 BR
0.94ratio
FMR$4,810
Market$5,130
vs market-$320

FMR is near market; voucher and private rents are aligned.

90% standard$4,329 / 0.84 ratio110% standard$5,291 / 1.03 ratio
0.94
4 BR
4 BR
1.04ratio
FMR$5,490
Market$5,280
vs market+$210

FMR is near market; voucher and private rents are aligned.

90% standard$4,941 / 0.94 ratio110% standard$6,039 / 1.14 ratio
1.04
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit 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 93105 (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.

93105 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 93105 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $3,690 and the 4 bedroom fair market rent is $5,490.

Use this page for searches like 93105 FMR, 93105 fair market rent, and 93105 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 93105
Bedroom sizeHUD FMR
Studio$2,900
1 bedroom$3,240
2 bedroom$3,690
3 bedroom$4,810
4 bedroom$5,490