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Santa Barbara County/Los Olivos/93441

93441

ZIPSAFMR
Santa Barbara County, CA
Zillow

ZIP Investment Score

49Below average

095130300
BRFMR
Eff. Rent
0 BR$2,840$3,090
1 BR$3,110$3,210
2 BR$3,560$3,920
3 BR$4,570$5,030
4 BR$5,220$5,740
5 BR$6,003Not available
6 BR$6,903Not available
7 BR$7,939Not available
8 BR$9,130Not available

Purchase Price Calculator

Maximum purchase price
$520,594

Cost breakdown

+Likely effective rent$3,920
HUD FMR$3,560
Market rent$4,470
Est. payment standard (110%)Used$3,920
-Principal and interest-$2,632
Loan amount$416,475
Down payment$104,119
Rate6.50%
Term30 years
-Operating costs-$1,088
Property taxes-$521
Insurance-$175
Utilities$0
HOA$0
Management-$392
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$62,150(59.7% ROI)
Projected value
$560,623
Return breakdown
Property appreciation+$40,029
Loan principal paid down+$14,921
Rental cash flow+$7,200
5-year hold
+$107,019(102.8% ROI)
Projected value
$589,004
Return breakdown
Property appreciation+$68,410
Loan principal paid down+$26,609
Rental cash flow+$12,000
10-year hold
+$233,214(224.0% ROI)
Projected value
$666,404
Return breakdown
Property appreciation+$145,810
Loan principal paid down+$63,404
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.88
1 BR
0.95
2 BR
0.80
3 BR
0.82
4 BR
0.80
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 93441 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 93441 (Los Olivos, CA) is $3,560 a month. That is up 0.3% from $3,550 in FY 2026. Los Olivos is in the Santa Maria-Santa Barbara, 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 $3,106. Among 39 ZIP codes in Santa Barbara County, 93441 has the 9th-highest two-bedroom rent (county range $2,820–$4,360). The median county two-bedroom FMR in California is $1,725, so ZIP 93441 is 106% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 93441
BedroomsFY 2027Change90–110% range
Studio$2,840+1.8%$2,556–$3,124
1BR$3,110−0.3%$2,799–$3,421
2BR$3,560+0.3%$3,204–$3,916
3BR$4,570−1.3%$4,113–$5,027
4BR$5,220−1.1%$4,698–$5,742

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 93441
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,840$3,110$3,560$4,570$5,220
FY 2026$2,790$3,120$3,550$4,630$5,280
FY 2025$2,760$3,120$3,510$4,650$5,180
FY 2024$2,780$3,160$3,570$4,760$5,400
FY 2023$2,570$2,960$3,360$4,430$5,040

Two-bedroom rent in nearby Santa Barbara County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 93441
93427$3,250−8.7%
93429$3,450−3.1%
93434$2,820−20.8%
93436$2,820−20.8%
93437$3,720+4.5%
93438$3,110−12.6%
93440$2,980−16.3%
93441Current$3,560—
93454$2,820−20.8%
93455$3,410−4.2%
93456$3,110−12.6%
93457$3,110−12.6%

Questions about ZIP 93441 rents

How much will Section 8 pay for a two-bedroom in ZIP 93441?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $3,106, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,795 to $3,417 a month; under the ZIP-level Small Area FMR of $3,560 it would be $3,204 to $3,916. 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 93441 in?

ZIP 93441 is in the Santa Maria-Santa Barbara, CA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $3,106.

How much did fair market rent change in ZIP 93441 for FY 2027?

The two-bedroom FMR rose 0.3%, from $3,550 in FY 2026 to $3,560 in FY 2027. Since FY 2023 it has risen 6.0%.

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