93944
ZIPSAFMR
Monterey County, CA
BRFMR
Eff. Rent
0 BR$2,690$2,270
1 BR$2,760$2,550
2 BR$3,330$3,350
3 BR$4,480$4,260
4 BR$4,880$4,660
5 BR$5,612
6 BR$6,454
7 BR$7,422
8 BR$8,535

Purchase Price Calculator

Maximum purchase price
$435,892

Cost breakdown

+Likely effective rent$3,350
HUD FMR$3,330
Market rent$3,360
Est. payment standard (101%)Used$3,350
Estimated payment standard is $3,350 (101% of FMR).
-Principal and interest-$2,204
Loan amount$348,714
Down payment$87,178
Rate6.50%
Term30 years
-Operating costs-$946
Property taxes-$436
Insurance-$175
Utilities$0
HOA$0
Management-$335
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$53,210(61.0% ROI)
Projected value
$469,408
Current value$435,892
Return breakdown
Property appreciation+$33,516
Loan principal paid down+$12,494
Rental cash flow+$7,200
5-year hold
+$91,559(105.0% ROI)
Projected value
$493,172
Current value$435,892
Return breakdown
Property appreciation+$57,280
Loan principal paid down+$22,279
Rental cash flow+$12,000
10-year hold
+$199,174(228.5% ROI)
Projected value
$557,979
Current value$435,892
Return breakdown
Property appreciation+$122,087
Loan principal paid down+$53,088
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
1.19ratio
FMR$2,690
Market$2,270
vs market+$420

FMR is above market; underwrite to market rent.

90% standard$2,421 / 1.07 ratio110% standard$2,959 / 1.30 ratio
1.19
1 BR
1 BR
1.08ratio
FMR$2,760
Market$2,550
vs market+$210

FMR is near market; voucher and private rents are aligned.

90% standard$2,484 / 0.97 ratio110% standard$3,036 / 1.19 ratio
1.08
2 BR
2 BR
0.99ratio
FMR$3,330
Market$3,360
vs market-$30

FMR is near market; voucher and private rents are aligned.

90% standard$2,997 / 0.89 ratio110% standard$3,663 / 1.09 ratio
0.99
3 BR
3 BR
1.05ratio
FMR$4,480
Market$4,260
vs market+$220

FMR is near market; voucher and private rents are aligned.

90% standard$4,032 / 0.95 ratio110% standard$4,928 / 1.16 ratio
1.05
4 BR
4 BR
1.05ratio
FMR$4,880
Market$4,660
vs market+$220

FMR is near market; voucher and private rents are aligned.

90% standard$4,392 / 0.94 ratio110% standard$5,368 / 1.15 ratio
1.05
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit 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 93944 (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.

93944 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 93944 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $3,330 and the 4 bedroom fair market rent is $4,880.

Use this page for searches like 93944 FMR, 93944 fair market rent, and 93944 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 93944
Bedroom sizeHUD FMR
Studio$2,690
1 bedroom$2,760
2 bedroom$3,330
3 bedroom$4,480
4 bedroom$4,880