93723
ZIPSAFMR
Fresno County, CA
BRFMR
Eff. Rent
0 BR$2,020$1,300
1 BR$2,040$1,330
2 BR$2,500$1,990
3 BR$3,480$2,250
4 BR$4,000$2,680
5 BR$4,600
6 BR$5,290
7 BR$6,083
8 BR$6,996

Purchase Price Calculator

Maximum purchase price
$233,797

Cost breakdown

+Likely effective rent$1,990
HUD FMR$2,500
Market rentUsed$1,990
Est. payment standard (90%)$2,250
Market rent is below the inferred standard ($2,250, 90% of FMR).
-Principal and interest-$1,182
Loan amount$187,037
Down payment$46,759
Rate6.50%
Term30 years
-Operating costs-$608
Property taxes-$234
Insurance-$175
Utilities$0
HOA$0
Management-$199
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$31,878(68.2% ROI)
Projected value
$251,773
Current value$233,797
Return breakdown
Property appreciation+$17,977
Loan principal paid down+$6,701
Rental cash flow+$7,200
5-year hold
+$54,673(116.9% ROI)
Projected value
$264,519
Current value$233,797
Return breakdown
Property appreciation+$30,723
Loan principal paid down+$11,950
Rental cash flow+$12,000
10-year hold
+$117,957(252.3% ROI)
Projected value
$299,280
Current value$233,797
Return breakdown
Property appreciation+$65,483
Loan principal paid down+$28,474
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
1.55ratio
FMR$2,020
Market$1,300
vs market+$720

FMR is above market; underwrite to market rent.

90% standard$1,818 / 1.40 ratio110% standard$2,222 / 1.71 ratio
1.55
1 BR
1 BR
1.53ratio
FMR$2,040
Market$1,330
vs market+$710

FMR is above market; underwrite to market rent.

90% standard$1,836 / 1.38 ratio110% standard$2,244 / 1.69 ratio
1.53
2 BR
2 BR
1.26ratio
FMR$2,500
Market$1,990
vs market+$510

FMR is above market; underwrite to market rent.

90% standard$2,250 / 1.13 ratio110% standard$2,750 / 1.38 ratio
1.26
3 BR
3 BR
1.55ratio
FMR$3,480
Market$2,250
vs market+$1,230

FMR is above market; underwrite to market rent.

90% standard$3,132 / 1.39 ratio110% standard$3,828 / 1.70 ratio
1.55
4 BR
4 BR
1.49ratio
FMR$4,000
Market$2,680
vs market+$1,320

FMR is above market; underwrite to market rent.

90% standard$3,600 / 1.34 ratio110% standard$4,400 / 1.64 ratio
1.49
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents across all bedroom sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 93723 (CA) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

93723 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 93723 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,500 and the 4 bedroom fair market rent is $4,000.

Use this page for searches like 93723 FMR, 93723 fair market rent, and 93723 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 93723
Bedroom sizeHUD FMR
Studio$2,020
1 bedroom$2,040
2 bedroom$2,500
3 bedroom$3,480
4 bedroom$4,000