93427
ZIPSAFMR
Santa Barbara County, CA
BRFMR
Eff. Rent
0 BR$2,670$2,760
1 BR$2,980$2,750
2 BR$3,390$3,390
3 BR$4,420$4,670
4 BR$5,040$5,110
5 BR$5,796
6 BR$6,665
7 BR$7,665
8 BR$8,815

Purchase Price Calculator

Maximum purchase price
$441,836

Cost breakdown

+Likely effective rent$3,390
HUD FMR$3,390
Market rent$3,390
Est. payment standard (100%)Used$3,390
Estimated payment standard is $3,390 (100% of FMR).
-Principal and interest-$2,234
Loan amount$353,469
Down payment$88,367
Rate6.50%
Term30 years
-Operating costs-$956
Property taxes-$442
Insurance-$175
Utilities$0
HOA$0
Management-$339
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$53,837(60.9% ROI)
Projected value
$475,809
Current value$441,836
Return breakdown
Property appreciation+$33,973
Loan principal paid down+$12,664
Rental cash flow+$7,200
5-year hold
+$92,644(104.8% ROI)
Projected value
$499,897
Current value$441,836
Return breakdown
Property appreciation+$58,061
Loan principal paid down+$22,583
Rental cash flow+$12,000
10-year hold
+$201,563(228.1% ROI)
Projected value
$565,588
Current value$441,836
Return breakdown
Property appreciation+$123,751
Loan principal paid down+$53,812
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
0.95ratio
FMR$2,670
Market$2,810
vs market-$140

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

90% standard$2,403 / 0.86 ratio110% standard$2,937 / 1.05 ratio
0.95
1 BR
1 BR
1.08ratio
FMR$2,980
Market$2,750
vs market+$230

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

90% standard$2,682 / 0.98 ratio110% standard$3,278 / 1.19 ratio
1.08
2 BR
2 BR
1.00ratio
FMR$3,390
Market$3,390
vs market+$0

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

90% standard$3,051 / 0.90 ratio110% standard$3,729 / 1.10 ratio
1.00
3 BR
3 BR
0.92ratio
FMR$4,420
Market$4,800
vs market-$380

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

90% standard$3,978 / 0.83 ratio110% standard$4,862 / 1.01 ratio
0.92
4 BR
4 BR
0.98ratio
FMR$5,040
Market$5,150
vs market-$110

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

90% standard$4,536 / 0.88 ratio110% standard$5,544 / 1.08 ratio
0.98
0.700.800.901.001.101.201.30aligned range

Voucher rents are well-aligned with market rents across all bedroom 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 93427 (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.

93427 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 93427 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $3,390 and the 4 bedroom fair market rent is $5,040.

Use this page for searches like 93427 FMR, 93427 fair market rent, and 93427 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 93427
Bedroom sizeHUD FMR
Studio$2,670
1 bedroom$2,980
2 bedroom$3,390
3 bedroom$4,420
4 bedroom$5,040