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San Luis Obispo County/Atascadero/93422

93422

ZIPSAFMR
San Luis Obispo County, CA
Zillow

ZIP Investment Score

59Below average

095130300
BRFMR
Eff. Rent
0 BR$1,820$1,850
1 BR$2,000$2,040
2 BR$2,610$2,560
3 BR$3,490$3,040
4 BR$4,040$3,480
5 BR$4,646Not available
6 BR$5,343Not available
7 BR$6,144Not available
8 BR$7,066Not available

Purchase Price Calculator

Maximum purchase price
$318,498

Cost breakdown

+Likely effective rent$2,560
HUD FMR$2,610
Market rentUsed$2,560
Est. payment standard (99%)$2,580
-Principal and interest-$1,611
Loan amount$254,799
Down payment$63,700
Rate6.50%
Term30 years
-Operating costs-$749
Property taxes-$318
Insurance-$175
Utilities$0
HOA$0
Management-$256
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$40,818(64.1% ROI)
Projected value
$342,988
Return breakdown
Property appreciation+$24,490
Loan principal paid down+$9,129
Rental cash flow+$7,200
5-year hold
+$70,132(110.1% ROI)
Projected value
$360,352
Return breakdown
Property appreciation+$41,853
Loan principal paid down+$16,279
Rental cash flow+$12,000
10-year hold
+$151,997(238.6% ROI)
Projected value
$407,705
Return breakdown
Property appreciation+$89,206
Loan principal paid down+$38,790
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.97
1 BR
0.97
2 BR
1.02
3 BR
1.15
4 BR
1.16
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 93422 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 93422 (Atascadero, CA) is $2,610 a month. That is up 2.8% from $2,540 in FY 2026. Atascadero is in the San Luis Obispo-Paso Robles, 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 $2,720. Among 36 ZIP codes in San Luis Obispo County, 93422 has the 29th-highest two-bedroom rent (county range $2,410–$3,720). The median county two-bedroom FMR in California is $1,725, so ZIP 93422 is 51% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 93422
BedroomsFY 2027Change90–110% range
Studio$1,820+4.0%$1,638–$2,002
1BR$2,000+3.1%$1,800–$2,200
2BR$2,610+2.8%$2,349–$2,871
3BR$3,490+2.3%$3,141–$3,839
4BR$4,040+3.6%$3,636–$4,444

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 93422
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,820$2,000$2,610$3,490$4,040
FY 2026$1,750$1,940$2,540$3,410$3,900
FY 2025$1,510$1,680$2,200$2,940$3,330
FY 2024$1,370$1,540$2,020$2,700$3,080
FY 2023$1,280$1,430$1,880$2,590$2,890

Two-bedroom rent in nearby San Luis Obispo County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 93422
93410$2,820+8.0%
93412$2,720+4.2%
93420$2,960+13.4%
93421$2,720+4.2%
93422Current$2,610—
93423$2,720+4.2%
93424$2,830+8.4%
93426$2,430−6.9%
93428$2,680+2.7%
93430$2,410−7.7%
93432$2,840+8.8%
93433$2,720+4.2%

Questions about ZIP 93422 rents

How much will Section 8 pay for a two-bedroom in ZIP 93422?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,720, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,448 to $2,992 a month; under the ZIP-level Small Area FMR of $2,610 it would be $2,349 to $2,871. 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 93422 in?

ZIP 93422 is in the San Luis Obispo-Paso Robles, CA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,720.

How much did fair market rent change in ZIP 93422 for FY 2027?

The two-bedroom FMR rose 2.8%, from $2,540 in FY 2026 to $2,610 in FY 2027. Since FY 2023 it has risen 38.8%.

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