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Kern County/Shafter/93263

93263

ZIPSAFMR
Kern County, CA
Zillow

ZIP Investment Score

105Above average

095130300
BRFMR
Eff. Rent
0 BR$1,280$1,410
1 BR$1,280$1,350
2 BR$1,670$1,650
3 BR$2,310$1,990
4 BR$2,790$2,080
5 BR$3,208Not available
6 BR$3,690Not available
7 BR$4,243Not available
8 BR$4,880Not available

Purchase Price Calculator

Maximum purchase price
$183,273

Cost breakdown

+Likely effective rent$1,650
HUD FMR$1,670
Market rentUsed$1,650
Est. payment standard (99%)$1,660
-Principal and interest-$927
Loan amount$146,618
Down payment$36,655
Rate6.50%
Term30 years
-Operating costs-$523
Property taxes-$183
Insurance-$175
Utilities$0
HOA$0
Management-$165
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$26,545(72.4% ROI)
Projected value
$197,365
Return breakdown
Property appreciation+$14,092
Loan principal paid down+$5,253
Rental cash flow+$7,200
5-year hold
+$45,451(124.0% ROI)
Projected value
$207,356
Return breakdown
Property appreciation+$24,084
Loan principal paid down+$9,367
Rental cash flow+$12,000
10-year hold
+$97,653(266.4% ROI)
Projected value
$234,605
Return breakdown
Property appreciation+$51,332
Loan principal paid down+$22,321
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.86
1 BR
0.92
2 BR
1.01
3 BR
1.16
4 BR
1.34
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 93263 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 93263 (Shafter, CA) is $1,670 a month. That is up 12.1% from $1,490 in FY 2026. Shafter is in the Bakersfield-Delano, 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 $1,656. Among 64 ZIP codes in Kern County, 93263 is tied for the 21st-highest two-bedroom rent (county range $1,340–$2,480). The median county two-bedroom FMR in California is $1,725, so ZIP 93263 is 3% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 93263
BedroomsFY 2027Change90–110% range
Studio$1,280+12.3%$1,152–$1,408
1BR$1,280+11.3%$1,152–$1,408
2BR$1,670+12.1%$1,503–$1,837
3BR$2,310+11.6%$2,079–$2,541
4BR$2,790+11.6%$2,511–$3,069

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 93263
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,280$1,280$1,670$2,310$2,790
FY 2026$1,140$1,150$1,490$2,070$2,500
FY 2025$1,060$1,060$1,380$1,930$2,320
FY 2024$940$950$1,230$1,730$2,090
FY 2023$820$830$1,080$1,530$1,840

Two-bedroom rent in nearby Kern County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 93263
93241$1,340−19.8%
93243$2,110+26.3%
93249$1,340−19.8%
93250$1,460−12.6%
93251$1,440−13.8%
93252$2,190+31.1%
93255$1,340−19.8%
93263Current$1,670—
93268$1,340−19.8%
93276$1,340−19.8%
93280$1,410−15.6%
93283$1,400−16.2%

Questions about ZIP 93263 rents

How much will Section 8 pay for a two-bedroom in ZIP 93263?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,656, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,490 to $1,822 a month; under the ZIP-level Small Area FMR of $1,670 it would be $1,503 to $1,837. 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 93263 in?

ZIP 93263 is in the Bakersfield-Delano, CA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,656.

How much did fair market rent change in ZIP 93263 for FY 2027?

The two-bedroom FMR rose 12.1%, from $1,490 in FY 2026 to $1,670 in FY 2027. Since FY 2023 it has risen 54.6%.

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