93409
ZIPSAFMR
San Luis Obispo County, CA
BRFMR
Eff. Rent
0 BR$1,900$2,040
1 BR$2,100$2,260
2 BR$2,750$2,900
3 BR$3,690$3,660
4 BR$4,230$4,650
5 BR$4,865
6 BR$5,594
7 BR$6,433
8 BR$7,398

Purchase Price Calculator

Maximum purchase price
$369,022

Cost breakdown

+Likely effective rent$2,900
HUD FMR$2,750
Market rent$2,980
Est. payment standard (105%)Used$2,900
Estimated payment standard is $2,900 (105% of FMR).
-Principal and interest-$1,866
Loan amount$295,218
Down payment$73,804
Rate6.50%
Term30 years
-Operating costs-$834
Property taxes-$369
Insurance-$175
Utilities$0
HOA$0
Management-$290
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$46,151(62.5% ROI)
Projected value
$397,397
Current value$369,022
Return breakdown
Property appreciation+$28,374
Loan principal paid down+$10,577
Rental cash flow+$7,200
5-year hold
+$79,354(107.5% ROI)
Projected value
$417,515
Current value$369,022
Return breakdown
Property appreciation+$48,493
Loan principal paid down+$18,862
Rental cash flow+$12,000
10-year hold
+$172,301(233.5% ROI)
Projected value
$472,380
Current value$369,022
Return breakdown
Property appreciation+$103,357
Loan principal paid down+$44,944
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
0.90ratio
FMR$1,900
Market$2,120
vs market-$220

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

90% standard$1,710 / 0.81 ratio110% standard$2,090 / 0.99 ratio
0.90
1 BR
1 BR
0.90ratio
FMR$2,100
Market$2,340
vs market-$240

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

90% standard$1,890 / 0.81 ratio110% standard$2,310 / 0.99 ratio
0.90
2 BR
2 BR
0.92ratio
FMR$2,750
Market$2,980
vs market-$230

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

90% standard$2,475 / 0.83 ratio110% standard$3,025 / 1.02 ratio
0.92
3 BR
3 BR
1.01ratio
FMR$3,690
Market$3,660
vs market+$30

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

90% standard$3,321 / 0.91 ratio110% standard$4,059 / 1.11 ratio
1.01
4 BR
4 BR
0.84ratio
FMR$4,230
Market$5,020
vs market-$790

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

90% standard$3,807 / 0.76 ratio110% standard$4,653 / 0.93 ratio
0.84
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 93409 (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.

93409 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 93409 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,750 and the 4 bedroom fair market rent is $4,230.

Use this page for searches like 93409 FMR, 93409 fair market rent, and 93409 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 93409
Bedroom sizeHUD FMR
Studio$1,900
1 bedroom$2,100
2 bedroom$2,750
3 bedroom$3,690
4 bedroom$4,230