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Fresno County/Clovis/93612

93612

ZIPSAFMR
Fresno County, CA
Zillow

ZIP Investment Score

80Below average

095130300
BRFMR
Eff. Rent
0 BR$1,470$1,380
1 BR$1,480$1,550
2 BR$1,830$1,850
3 BR$2,530$2,270
4 BR$2,900$2,650
5 BR$3,335Not available
6 BR$3,835Not available
7 BR$4,411Not available
8 BR$5,072Not available

Purchase Price Calculator

Maximum purchase price
$212,993

Cost breakdown

+Likely effective rent$1,850
HUD FMR$1,830
Market rent$1,860
Est. payment standard (101%)Used$1,850
-Principal and interest-$1,077
Loan amount$170,394
Down payment$42,599
Rate6.50%
Term30 years
-Operating costs-$573
Property taxes-$213
Insurance-$175
Utilities$0
HOA$0
Management-$185
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$29,682(69.7% ROI)
Projected value
$229,370
Return breakdown
Property appreciation+$16,377
Loan principal paid down+$6,105
Rental cash flow+$7,200
5-year hold
+$50,876(119.4% ROI)
Projected value
$240,982
Return breakdown
Property appreciation+$27,989
Loan principal paid down+$10,887
Rental cash flow+$12,000
10-year hold
+$109,597(257.3% ROI)
Projected value
$272,649
Return breakdown
Property appreciation+$59,656
Loan principal paid down+$25,941
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.07
1 BR
0.94
2 BR
0.98
3 BR
1.11
4 BR
1.09
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 93612 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 93612 (Clovis, CA) is $1,830 a month. That is up 0.5% from $1,820 in FY 2026. Clovis is in the Fresno, CA HUD Metro FMR Area. 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 $1,685. Among 92 ZIP codes in Fresno County, 93612 has the 13th-highest two-bedroom rent (county range $1,450–$2,620). The median county two-bedroom FMR in California is $1,725, so ZIP 93612 is 6% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 93612
BedroomsFY 2027Change90–110% range
Studio$1,4700.0%$1,323–$1,617
1BR$1,4800.0%$1,332–$1,628
2BR$1,830+0.5%$1,647–$2,013
3BR$2,5300.0%$2,277–$2,783
4BR$2,900−0.3%$2,610–$3,190

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 93612
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,470$1,480$1,830$2,530$2,900
FY 2026$1,470$1,480$1,820$2,530$2,910
FY 2025$1,280$1,290$1,590$2,230$2,550
FY 2024$1,230$1,240$1,550$2,180$2,500
FY 2023$1,070$1,080$1,360$1,920$2,190

Two-bedroom rent in nearby Fresno County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 93612
93602$1,800−1.6%
93605$1,720−6.0%
93606$1,500−18.0%
93608$1,500−18.0%
93609$1,600−12.6%
93611$2,530+38.3%
93612Current$1,830—
93613$1,690−7.7%
93616$1,680−8.2%
93619$2,530+38.3%
93621$1,530−16.4%
93622$1,500−18.0%

Questions about ZIP 93612 rents

How much will Section 8 pay for a two-bedroom in ZIP 93612?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,685, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,517 to $1,854 a month; under the ZIP-level Small Area FMR of $1,830 it would be $1,647 to $2,013. 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 93612 in?

ZIP 93612 is in the Fresno, CA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,685.

How much did fair market rent change in ZIP 93612 for FY 2027?

The two-bedroom FMR rose 0.5%, from $1,820 in FY 2026 to $1,830 in FY 2027. Since FY 2023 it has risen 34.6%.

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