93118
ZIPSAFMR
Santa Barbara County, CA
BRFMR
Eff. Rent
0 BR$2,460$2,460
1 BR$2,740$2,740
2 BR$3,120$3,120
3 BR$4,070$4,070
4 BR$4,640$4,640
5 BR$5,336
6 BR$6,136
7 BR$7,057
8 BR$8,115

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio
0.94ratio
FMR$2,460
Market$2,630
vs market-$170

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.94
1 BR
1 BR
0.89ratio
FMR$2,740
Market$3,070
vs market-$330

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.89
2 BR
2 BR
0.68ratio
FMR$3,120
Market$4,610
vs market-$1,490

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.68
3 BR
3 BR
0.75ratio
FMR$4,070
Market$5,410
vs market-$1,340

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.75
4 BR
4 BR
0.64ratio
FMR$4,640
Market$7,250
vs market-$2,610

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.64
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit sizes.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$401,714
Rent
$3,120
Down payment
$80,343
Loan
$321,371
Mortgage
$2,031
Expenses
$889
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 93118 (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.

93118 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 93118 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $3,120 and the 4 bedroom fair market rent is $4,640.

Use this page for searches like 93118 FMR, 93118 fair market rent, and 93118 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 93118
Bedroom sizeHUD FMR
Studio$2,460
1 bedroom$2,740
2 bedroom$3,120
3 bedroom$4,070
4 bedroom$4,640