93108
ZIPSAFMR
Santa Barbara County, CA
BRFMR
Eff. Rent
0 BR$3,220$3,540
1 BR$3,630$3,990
2 BR$4,090$4,500
3 BR$5,410$5,950
4 BR$6,030$6,630
5 BR$6,934
6 BR$7,975
7 BR$9,171
8 BR$10,547

Purchase Price Calculator

Maximum purchase price
$606,782

Cost breakdown

+Likely effective rent$4,500
HUD FMR$4,090
Market rent$7,500
Est. payment standard (110%)Used$4,500
Estimated payment standard is $4,500 (110% of FMR).
-Principal and interest-$3,068
Loan amount$485,425
Down payment$121,356
Rate6.50%
Term30 years
-Operating costs-$1,232
Property taxes-$607
Insurance-$175
Utilities$0
HOA$0
Management-$450
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$71,247(58.7% ROI)
Projected value
$653,437
Current value$606,782
Return breakdown
Property appreciation+$46,656
Loan principal paid down+$17,392
Rental cash flow+$7,200
5-year hold
+$122,750(101.1% ROI)
Projected value
$686,518
Current value$606,782
Return breakdown
Property appreciation+$79,736
Loan principal paid down+$31,014
Rental cash flow+$12,000
10-year hold
+$267,851(220.7% ROI)
Projected value
$776,732
Current value$606,782
Return breakdown
Property appreciation+$169,950
Loan principal paid down+$73,901
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
0.81ratio
FMR$3,220
Market$3,990
vs market-$770

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

90% standard$2,898 / 0.73 ratio110% standard$3,542 / 0.89 ratio
0.81
1 BR
1 BR
0.79ratio
FMR$3,630
Market$4,590
vs market-$960

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

90% standard$3,267 / 0.71 ratio110% standard$3,993 / 0.87 ratio
0.79
2 BR
2 BR
0.55ratio
FMR$4,090
Market$7,500
vs market-$3,410

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

0.55
3 BR
3 BR
0.50ratio
FMR$5,410
Market$10,820
vs market-$5,410

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

0.50
4 BR
4 BR
0.44ratio
FMR$6,030
Market$13,670
vs market-$7,640

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

0.44
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for all bedroom 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 93108 (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.

93108 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 93108 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $4,090 and the 4 bedroom fair market rent is $6,030.

Use this page for searches like 93108 FMR, 93108 fair market rent, and 93108 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 93108
Bedroom sizeHUD FMR
Studio$3,220
1 bedroom$3,630
2 bedroom$4,090
3 bedroom$5,410
4 bedroom$6,030