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Tulare County/California Hot Springs/93207

93207

ZIPSAFMR
Tulare County, CA
Zillow

ZIP Investment Score

116Above average

095130300
BRFMR
Eff. Rent
0 BR$1,100$1,100
1 BR$1,110$1,110
2 BR$1,450$1,450
3 BR$1,990$1,990
4 BR$2,340$2,340
5 BR$2,691Not available
6 BR$3,095Not available
7 BR$3,559Not available
8 BR$4,093Not available

Purchase Price Calculator

Maximum purchase price
$153,553

Cost breakdown

+Likely effective rent$1,450
HUD FMRUsed$1,450
Market rentN/A
Est. payment standardN/A
-Principal and interest-$776
Loan amount$122,842
Down payment$30,711
Rate6.50%
Term30 years
-Operating costs-$474
Property taxes-$154
Insurance-$175
Utilities$0
HOA$0
Management-$145
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$23,408(76.2% ROI)
Projected value
$165,360
Return breakdown
Property appreciation+$11,807
Loan principal paid down+$4,401
Rental cash flow+$7,200
5-year hold
+$40,027(130.3% ROI)
Projected value
$173,731
Return breakdown
Property appreciation+$20,178
Loan principal paid down+$7,848
Rental cash flow+$12,000
10-year hold
+$85,709(279.1% ROI)
Projected value
$196,561
Return breakdown
Property appreciation+$43,008
Loan principal paid down+$18,701
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
--
Mortgage rate
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ZIP 93207 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 93207 (California Hot Springs, CA) is $1,450 a month. That is down 1.4% from $1,470 in FY 2026. California Hot Springs is in the Visalia, CA MSA. 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 $1,450. Among 39 ZIP codes in Tulare County, 93207 is tied for the 16th-highest two-bedroom rent (county range $1,330–$1,750). The median county two-bedroom FMR in California is $1,725, so ZIP 93207 is 16% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 93207
BedroomsFY 2027Change90–110% range
Studio$1,100−0.9%$990–$1,210
1BR$1,110−0.9%$999–$1,221
2BR$1,450−1.4%$1,305–$1,595
3BR$1,990−1.5%$1,791–$2,189
4BR$2,340−2.1%$2,106–$2,574

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 93207
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,100$1,110$1,450$1,990$2,340
FY 2026$1,110$1,120$1,470$2,020$2,390
FY 2025$1,080$1,090$1,430$1,970$2,270
FY 2024$980$990$1,300$1,810$2,070
FY 2023$830$850$1,120$1,560$1,800

Two-bedroom rent in nearby Tulare County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 93207
93201$1,330−8.3%
93207Current$1,450—
93208$1,4500.0%
93218$1,390−4.1%
93219$1,340−7.6%
93221$1,500+3.4%
93223$1,330−8.3%
93227$1,560+7.6%
93235$1,360−6.2%
93237$1,750+20.7%
93244$1,580+9.0%
93247$1,330−8.3%

Questions about ZIP 93207 rents

How much will Section 8 pay for a two-bedroom in ZIP 93207?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,450, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,305 to $1,595 a month; under the ZIP-level Small Area FMR of $1,450 it would be $1,305 to $1,595. 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 93207 in?

ZIP 93207 is in the Visalia, CA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,450.

How much did fair market rent change in ZIP 93207 for FY 2027?

The two-bedroom FMR fell 1.4%, from $1,470 in FY 2026 to $1,450 in FY 2027. Since FY 2023 it has risen 29.5%.

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 rentCalifornia Hot Springs, CA fair market rentCA statewide rentsWhat is SAFMR?Data sources