93401
ZIPSAFMR
San Luis Obispo County, CA
BRFMR
Eff. Rent
0 BR$2,000$2,100
1 BR$2,210$2,420
2 BR$2,900$2,930
3 BR$3,890$3,900
4 BR$4,460$4,850
5 BR$5,129
6 BR$5,898
7 BR$6,783
8 BR$7,801

Purchase Price Calculator

Maximum purchase price
$373,480

Cost breakdown

+Likely effective rent$2,930
HUD FMR$2,900
Market rent$2,940
Est. payment standard (101%)Used$2,930
Estimated payment standard is $2,930 (101% of FMR).
-Principal and interest-$1,889
Loan amount$298,784
Down payment$74,696
Rate6.50%
Term30 years
-Operating costs-$841
Property taxes-$373
Insurance-$175
Utilities$0
HOA$0
Management-$293
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$46,622(62.4% ROI)
Projected value
$402,197
Current value$373,480
Return breakdown
Property appreciation+$28,717
Loan principal paid down+$10,705
Rental cash flow+$7,200
5-year hold
+$80,168(107.3% ROI)
Projected value
$422,559
Current value$373,480
Return breakdown
Property appreciation+$49,078
Loan principal paid down+$19,089
Rental cash flow+$12,000
10-year hold
+$174,093(233.1% ROI)
Projected value
$478,086
Current value$373,480
Return breakdown
Property appreciation+$104,606
Loan principal paid down+$45,487
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
0.93ratio
FMR$2,000
Market$2,160
vs market-$160

FMR is near market; voucher and private rents are aligned.

90% standard$1,800 / 0.83 ratio110% standard$2,200 / 1.02 ratio
0.93
1 BR
1 BR
0.87ratio
FMR$2,210
Market$2,540
vs market-$330

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

90% standard$1,989 / 0.78 ratio110% standard$2,431 / 0.96 ratio
0.87
2 BR
2 BR
0.99ratio
FMR$2,900
Market$2,940
vs market-$40

FMR is near market; voucher and private rents are aligned.

90% standard$2,610 / 0.89 ratio110% standard$3,190 / 1.09 ratio
0.99
3 BR
3 BR
1.00ratio
FMR$3,890
Market$3,900
vs market-$10

FMR is near market; voucher and private rents are aligned.

90% standard$3,501 / 0.90 ratio110% standard$4,279 / 1.10 ratio
1.00
4 BR
4 BR
0.88ratio
FMR$4,460
Market$5,060
vs market-$600

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

90% standard$4,014 / 0.79 ratio110% standard$4,906 / 0.97 ratio
0.88
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit 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 93401 (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.

93401 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 93401 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,900 and the 4 bedroom fair market rent is $4,460.

Use this page for searches like 93401 FMR, 93401 fair market rent, and 93401 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 93401
Bedroom sizeHUD FMR
Studio$2,000
1 bedroom$2,210
2 bedroom$2,900
3 bedroom$3,890
4 bedroom$4,460