93905
ZIPSAFMR
Monterey County, CA
BRFMR
Eff. Rent
0 BR$2,180$1,910
1 BR$2,240$2,240
2 BR$2,690$2,690
3 BR$3,630$3,550
4 BR$3,950$3,950
5 BR$4,543
6 BR$5,224
7 BR$6,007
8 BR$6,909

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio
1.14ratio
FMR$2,180
Market$1,910
vs market+$270

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.14
1 BR
1 BR
0.91ratio
FMR$2,240
Market$2,460
vs market-$220

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.91
2 BR
2 BR
0.97ratio
FMR$2,690
Market$2,780
vs market-$90

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.97
3 BR
3 BR
1.02ratio
FMR$3,630
Market$3,550
vs market+$80

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1.02
4 BR
4 BR
0.94ratio
FMR$3,950
Market$4,210
vs market-$260

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.94
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit sizes.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$337,816
Rent
$2,690
Down payment
$67,563
Loan
$270,253
Mortgage
$1,708
Expenses
$782
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 93905 (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.