Not enough rental comps in this area to determine how FMR aligns with current market rates.
Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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ZIP 93645 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 93645 (O Neals, CA) is $1,680 a month. That is up 8.4% from $1,550 in FY 2026. O Neals 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, 93645 has the 4th-highest two-bedroom rent (county range $1,320–$1,920). The median county two-bedroom FMR in California is $1,725, so ZIP 93645 is 3% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 93645
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,190
$1,440
+21.0%
$1,296–$1,584
1BR
$1,200
$1,450
+20.8%
$1,305–$1,595
2BR
$1,550
$1,680
+8.4%
$1,512–$1,848
3BR
$2,160
$2,320
+7.4%
$2,088–$2,552
4BR
$2,560
$2,780
+8.6%
$2,502–$3,058
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 93645
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,440
$1,450
$1,680
$2,320
$2,780
FY 2026
$1,190
$1,200
$1,550
$2,160
$2,560
FY 2025
$1,190
$1,200
$1,540
$2,160
$2,470
FY 2024
$1,270
$1,270
$1,680
$2,340
$2,590
FY 2023
$1,240
$1,250
$1,600
$2,270
$2,530
Two-bedroom rent in nearby Madera County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 93645?
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 $1,680 it would be $1,512 to $1,848. 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 93645 in?
ZIP 93645 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 93645 for FY 2027?
The two-bedroom FMR rose 8.4%, from $1,550 in FY 2026 to $1,680 in FY 2027. Since FY 2023 it has risen 5.0%.
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