93962
ZIPSAFMR
Monterey County, CA
BRFMR
Eff. Rent
0 BR$2,850$1,900
1 BR$2,880$2,360
2 BR$3,510$2,990
3 BR$4,860$3,750
4 BR$5,350$4,400
5 BR$6,152
6 BR$7,075
7 BR$8,137
8 BR$9,357

Market Alignment

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

Studio
Studio
1.50ratio
FMR$2,850
Market$1,900
vs market+$950

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

1.50
1 BR
1 BR
1.22ratio
FMR$2,880
Market$2,360
vs market+$520

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

1.22
2 BR
2 BR
1.17ratio
FMR$3,510
Market$2,990
vs market+$520

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

1.17
3 BR
3 BR
1.30ratio
FMR$4,860
Market$3,750
vs market+$1,110

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

1.30
4 BR
4 BR
1.22ratio
FMR$5,350
Market$4,400
vs market+$950

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

1.22
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents across all bedroom 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
$459,668
Rent
$3,510
Down payment
$91,934
Loan
$367,734
Mortgage
$2,324
Expenses
$986
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 93962 (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.

93962 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 93962 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $3,510 and the 4 bedroom fair market rent is $5,350.

Use this page for searches like 93962 FMR, 93962 fair market rent, and 93962 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 93962
Bedroom sizeHUD FMR
Studio$2,850
1 bedroom$2,880
2 bedroom$3,510
3 bedroom$4,860
4 bedroom$5,350