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 93661 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 93661 (Santa Rita Park, CA) is $1,520 a month. That is up 1.3% from $1,500 in FY 2026. Santa Rita Park is in the Merced, 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 $1,517. Among 22 ZIP codes in Merced County, 93661 is tied for the 6th-highest two-bedroom rent (county range $1,360–$1,860). The median county two-bedroom FMR in California is $1,725, so ZIP 93661 is 12% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 93661
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,110
$1,200
+8.1%
$1,080–$1,320
1BR
$1,210
$1,260
+4.1%
$1,134–$1,386
2BR
$1,500
$1,520
+1.3%
$1,368–$1,672
3BR
$2,060
$2,090
+1.5%
$1,881–$2,299
4BR
$2,500
$2,480
−0.8%
$2,232–$2,728
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 93661
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,200
$1,260
$1,520
$2,090
$2,480
FY 2026
$1,110
$1,210
$1,500
$2,060
$2,500
FY 2025
$1,070
$1,230
$1,510
$2,080
$2,540
FY 2024
$990
$1,160
$1,420
$2,000
$2,410
FY 2023
$850
$1,010
$1,240
$1,760
$2,110
Two-bedroom rent in nearby Merced County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 93661?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,517, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,365 to $1,669 a month; under the ZIP-level Small Area FMR of $1,520 it would be $1,368 to $1,672. 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 93661 in?
ZIP 93661 is in the Merced, CA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,517.
How much did fair market rent change in ZIP 93661 for FY 2027?
The two-bedroom FMR rose 1.3%, from $1,500 in FY 2026 to $1,520 in FY 2027. Since FY 2023 it has risen 22.6%.
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