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Kings County/Stratford/93266

93266

ZIPSAFMR
Kings County, CA
Zillow

ZIP Investment Score

129Above average

095130300
BRFMR
Eff. Rent
0 BR$1,270$1,270
1 BR$1,280$1,280
2 BR$1,630$1,630
3 BR$2,260$2,260
4 BR$2,660$2,660
5 BR$3,059Not available
6 BR$3,518Not available
7 BR$4,046Not available
8 BR$4,652Not available

Purchase Price Calculator

Maximum purchase price
$180,301

Cost breakdown

+Likely effective rent$1,630
HUD FMRUsed$1,630
Market rentN/A
Est. payment standardN/A
-Principal and interest-$912
Loan amount$144,241
Down payment$36,060
Rate6.50%
Term30 years
-Operating costs-$518
Property taxes-$180
Insurance-$175
Utilities$0
HOA$0
Management-$163
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$26,231(72.7% ROI)
Projected value
$194,164
Return breakdown
Property appreciation+$13,863
Loan principal paid down+$5,168
Rental cash flow+$7,200
5-year hold
+$44,909(124.5% ROI)
Projected value
$203,994
Return breakdown
Property appreciation+$23,693
Loan principal paid down+$9,216
Rental cash flow+$12,000
10-year hold
+$96,458(267.5% ROI)
Projected value
$230,800
Return breakdown
Property appreciation+$50,499
Loan principal paid down+$21,959
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
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Mortgage rate
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ZIP 93266 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 93266 (Stratford, CA) is $1,630 a month. That is down 1.2% from $1,650 in FY 2026. Stratford is in the Hanford-Corcoran, 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 $1,512. Among 9 ZIP codes in Kings County, 93266 has the 2nd-highest two-bedroom rent (county range $1,330–$1,770). The median county two-bedroom FMR in California is $1,725, so ZIP 93266 is 6% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 93266
BedroomsFY 2027Change90–110% range
Studio$1,270−1.6%$1,143–$1,397
1BR$1,280−1.5%$1,152–$1,408
2BR$1,630−1.2%$1,467–$1,793
3BR$2,260−1.3%$2,034–$2,486
4BR$2,660−3.3%$2,394–$2,926

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 93266
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,270$1,280$1,630$2,260$2,660
FY 2026$1,290$1,300$1,650$2,290$2,750
FY 2025$1,290$1,300$1,620$2,270$2,720
FY 2024$1,240$1,240$1,570$2,210$2,650
FY 2023$1,140$1,150$1,430$2,030$2,320

Two-bedroom rent in nearby Kings County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 93266
93202$1,530−6.1%
93204$1,340−17.8%
93212$1,350−17.2%
93230$1,460−10.4%
93232$1,510−7.4%
93239$1,330−18.4%
93245$1,770+8.6%
93246$1,610−1.2%
93266Current$1,630—

Questions about ZIP 93266 rents

How much will Section 8 pay for a two-bedroom in ZIP 93266?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,512, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,361 to $1,663 a month; under the ZIP-level Small Area FMR of $1,630 it would be $1,467 to $1,793. 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 93266 in?

ZIP 93266 is in the Hanford-Corcoran, CA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,512.

How much did fair market rent change in ZIP 93266 for FY 2027?

The two-bedroom FMR fell 1.2%, from $1,650 in FY 2026 to $1,630 in FY 2027. Since FY 2023 it has risen 14.0%.

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