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San Mateo County/Daly City/94015

94015

ZIPSAFMR
San Mateo County, CA
Zillow

ZIP Investment Score

70Below average

095130300
BRFMR
Eff. Rent
0 BR$2,650$1,730
1 BR$3,090$1,750
2 BR$3,800$3,750
3 BR$4,970$4,640
4 BR$5,590$5,430
5 BR$6,428Not available
6 BR$7,393Not available
7 BR$8,502Not available
8 BR$9,777Not available

Purchase Price Calculator

Maximum purchase price
$495,332

Cost breakdown

+Likely effective rent$3,750
HUD FMR$3,800
Market rentUsed$3,750
Est. payment standard (99%)$3,770
-Principal and interest-$2,505
Loan amount$396,266
Down payment$99,066
Rate6.50%
Term30 years
-Operating costs-$1,045
Property taxes-$495
Insurance-$175
Utilities$0
HOA$0
Management-$375
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$59,484(60.0% ROI)
Projected value
$533,418
Return breakdown
Property appreciation+$38,086
Loan principal paid down+$14,197
Rental cash flow+$7,200
5-year hold
+$102,408(103.4% ROI)
Projected value
$560,423
Return breakdown
Property appreciation+$65,091
Loan principal paid down+$25,317
Rental cash flow+$12,000
10-year hold
+$223,062(225.2% ROI)
Projected value
$634,067
Return breakdown
Property appreciation+$138,735
Loan principal paid down+$60,327
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.53
1 BR
1.77
2 BR
1.01
3 BR
1.07
4 BR
1.03
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 94015 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 94015 (Daly City, CA) is $3,800 a month. That is up 1.3% from $3,750 in FY 2026. Daly City is in the San Francisco, CA HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $3,697. Among 35 ZIP codes in San Mateo County, 94015 has the 25th-highest two-bedroom rent (county range $3,250–$5,050). The median county two-bedroom FMR in California is $1,725, so ZIP 94015 is 120% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 94015
BedroomsFY 2027Change90–110% range
Studio$2,650+2.3%$2,385–$2,915
1BR$3,090−0.3%$2,781–$3,399
2BR$3,800+1.3%$3,420–$4,180
3BR$4,970+3.8%$4,473–$5,467
4BR$5,590+12.5%$5,031–$6,149

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 94015
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,650$3,090$3,800$4,970$5,590
FY 2026$2,590$3,100$3,750$4,790$4,970
FY 2025$2,290$2,800$3,340$4,170$4,430
FY 2024$2,310$2,840$3,380$4,140$4,500
FY 2023$2,200$2,720$3,260$4,000$4,380

Two-bedroom rent in nearby San Mateo County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 94015
94005$3,540−6.8%
94010$3,880+2.1%
94011$3,930+3.4%
94014$3,250−14.5%
94015Current$3,800—
94017$3,930+3.4%
94018$3,320−12.6%
94019$3,320−12.6%
94020$4,100+7.9%
94021$3,930+3.4%
94025$4,290+12.9%
94026$3,930+3.4%

Questions about ZIP 94015 rents

How much will Section 8 pay for a two-bedroom in ZIP 94015?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $3,697, which applies unless the housing authority uses Small Area FMRs, that basic range is $3,327 to $4,067 a month; under the ZIP-level Small Area FMR of $3,800 it would be $3,420 to $4,180. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is ZIP 94015 in?

ZIP 94015 is in the San Francisco, CA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $3,697.

How much did fair market rent change in ZIP 94015 for FY 2027?

The two-bedroom FMR rose 1.3%, from $3,750 in FY 2026 to $3,800 in FY 2027. Since FY 2023 it has risen 16.6%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

County fair market rentDaly City, CA fair market rentCA statewide rentsWhat is SAFMR?Data sources