93437
ZIPSAFMR
Santa Barbara County, CA
BRFMR
Eff. Rent
0 BR$2,910$2,380
1 BR$3,250$2,400
2 BR$3,700$2,780
3 BR$4,830$3,060
4 BR$5,500$3,180
5 BR$6,325
6 BR$7,274
7 BR$8,365
8 BR$9,620

Purchase Price Calculator

Maximum purchase price
$351,190

Cost breakdown

+Likely effective rent$2,780
HUD FMR$3,700
Market rentUsed$2,780
Est. payment standard (90%)$3,330
Market rent is below the inferred standard ($3,330, 90% of FMR).
-Principal and interest-$1,776
Loan amount$280,952
Down payment$70,238
Rate6.50%
Term30 years
-Operating costs-$804
Property taxes-$351
Insurance-$175
Utilities$0
HOA$0
Management-$278
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$44,269(63.0% ROI)
Projected value
$378,194
Current value$351,190
Return breakdown
Property appreciation+$27,003
Loan principal paid down+$10,066
Rental cash flow+$7,200
5-year hold
+$76,099(108.3% ROI)
Projected value
$397,340
Current value$351,190
Return breakdown
Property appreciation+$46,149
Loan principal paid down+$17,950
Rental cash flow+$12,000
10-year hold
+$165,135(235.1% ROI)
Projected value
$449,553
Current value$351,190
Return breakdown
Property appreciation+$98,363
Loan principal paid down+$42,772
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
1.22ratio
FMR$2,910
Market$2,380
vs market+$530

FMR is above market; underwrite to market rent.

90% standard$2,619 / 1.10 ratio110% standard$3,201 / 1.34 ratio
1.22
1 BR
1 BR
1.35ratio
FMR$3,250
Market$2,400
vs market+$850

FMR is above market; underwrite to market rent.

90% standard$2,925 / 1.22 ratio110% standard$3,575 / 1.49 ratio
1.35
2 BR
2 BR
1.33ratio
FMR$3,700
Market$2,780
vs market+$920

FMR is above market; underwrite to market rent.

90% standard$3,330 / 1.20 ratio110% standard$4,070 / 1.46 ratio
1.33
3 BR
3 BR
1.58ratio
FMR$4,830
Market$3,060
vs market+$1,770

FMR is above market; underwrite to market rent.

1.58
4 BR
4 BR
1.73ratio
FMR$5,500
Market$3,180
vs market+$2,320

FMR is above market; underwrite to market rent.

1.73
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed 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 93437 (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.

93437 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 93437 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $3,700 and the 4 bedroom fair market rent is $5,500.

Use this page for searches like 93437 FMR, 93437 fair market rent, and 93437 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 93437
Bedroom sizeHUD FMR
Studio$2,910
1 bedroom$3,250
2 bedroom$3,700
3 bedroom$4,830
4 bedroom$5,500