93906
ZIPSAFMR
Monterey County, CA
BRFMR
Eff. Rent
0 BR$2,250$2,070
1 BR$2,310$2,310
2 BR$2,780$2,740
3 BR$3,750$3,350
4 BR$4,080$4,080
5 BR$4,692
6 BR$5,396
7 BR$6,205
8 BR$7,136

Market Alignment

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

Studio
Studio
1.09ratio
FMR$2,250
Market$2,070
vs market+$180

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

1.09
1 BR
1 BR
0.95ratio
FMR$2,310
Market$2,440
vs market-$130

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

0.95
2 BR
2 BR
1.01ratio
FMR$2,780
Market$2,740
vs market+$40

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

1.01
3 BR
3 BR
1.12ratio
FMR$3,750
Market$3,350
vs market+$400

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

1.12
4 BR
4 BR
0.98ratio
FMR$4,080
Market$4,150
vs market-$70

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

0.98
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
$351,190
Rent
$2,780
Down payment
$70,238
Loan
$280,952
Mortgage
$1,776
Expenses
$804
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 93906 (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.