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93636

ZIPSAFMR
Madera County, CA

ZIP Investment Score

61Below average

095130300
BRFMR
Eff. Rent
0 BR$1,660$1,300
1 BR$1,670$1,380
2 BR$1,920$1,980
3 BR$2,660$2,280
4 BR$3,210$2,850
5 BR$3,691Not available
6 BR$4,245Not available
7 BR$4,882Not available
8 BR$5,614Not available

Purchase Price Calculator

Maximum purchase price
$232,311

Cost breakdown

+Likely effective rent$1,980
HUD FMR$1,920
Market rent$2,020
Est. payment standard (103%)Used$1,980
-Principal and interest-$1,175
Loan amount$185,849
Down payment$46,462
Rate6.50%
Term30 years
-Operating costs-$605
Property taxes-$232
Insurance-$175
Utilities$0
HOA$0
Management-$198
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$31,721(68.3% ROI)
Projected value
$250,173
Return breakdown
Property appreciation+$17,863
Loan principal paid down+$6,659
Rental cash flow+$7,200
5-year hold
+$54,401(117.1% ROI)
Projected value
$262,838
Return breakdown
Property appreciation+$30,528
Loan principal paid down+$11,874
Rental cash flow+$12,000
10-year hold
+$117,360(252.6% ROI)
Projected value
$297,377
Return breakdown
Property appreciation+$65,067
Loan principal paid down+$28,293
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.28
1 BR
1.21
2 BR
0.95
3 BR
1.17
4 BR
1.13
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 93636 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 93636 (Madera, CA) is $1,920 a month. That is up 10.3% from $1,740 in FY 2026. Madera is in the Madera County, 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 $1,460. Among 13 ZIP codes in Madera County, 93636 has the highest two-bedroom rent (county range $1,320–$1,920). The median county two-bedroom FMR in California is $1,725, so ZIP 93636 is 11% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 93636
BedroomsFY 2027Change90–110% range
Studio$1,660+24.8%$1,494–$1,826
1BR$1,670+24.6%$1,503–$1,837
2BR$1,920+10.3%$1,728–$2,112
3BR$2,660+9.9%$2,394–$2,926
4BR$3,210+11.5%$2,889–$3,531

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 93636
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,660$1,670$1,920$2,660$3,210
FY 2026$1,330$1,340$1,740$2,420$2,880
FY 2025$1,390$1,400$1,810$2,540$2,900
FY 2024$1,380$1,390$1,820$2,540$2,810
FY 2023$1,310$1,320$1,710$2,430$2,680

Two-bedroom rent in nearby Madera County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 93636
93604$1,560−18.7%
93610$1,360−29.2%
93614$1,870−2.6%
93636Current$1,920—
93637$1,450−24.5%
93638$1,440−25.0%
93639$1,460−24.0%
93643$1,320−31.2%
93644$1,770−7.8%
93645$1,680−12.5%
93653$1,610−16.1%
93669$1,470−23.4%

Questions about ZIP 93636 rents

How much will Section 8 pay for a two-bedroom in ZIP 93636?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,460, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,314 to $1,606 a month; under the ZIP-level Small Area FMR of $1,920 it would be $1,728 to $2,112. 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 93636 in?

ZIP 93636 is in the Madera County, CA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,460.

How much did fair market rent change in ZIP 93636 for FY 2027?

The two-bedroom FMR rose 10.3%, from $1,740 in FY 2026 to $1,920 in FY 2027. Since FY 2023 it has risen 12.3%.

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