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San Mateo County/Half Moon Bay/94019

94019

ZIPSAFMR
San Mateo County, CA
Zillow

ZIP Investment Score

33Below average

095130300
BRFMR
Eff. Rent
0 BR$2,310$2,310
1 BR$2,700$2,700
2 BR$3,320$3,320
3 BR$4,340$4,340
4 BR$4,880$4,880
5 BR$5,612Not available
6 BR$6,454Not available
7 BR$7,422Not available
8 BR$8,535Not available

Purchase Price Calculator

Maximum purchase price
$431,434

Cost breakdown

+Likely effective rent$3,320
HUD FMRUsed$3,320
Market rentN/A
Est. payment standardN/A
-Principal and interest-$2,182
Loan amount$345,147
Down payment$86,287
Rate6.50%
Term30 years
-Operating costs-$938
Property taxes-$431
Insurance-$175
Utilities$0
HOA$0
Management-$332
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$52,739(61.1% ROI)
Projected value
$464,607
Return breakdown
Property appreciation+$33,173
Loan principal paid down+$12,366
Rental cash flow+$7,200
5-year hold
+$90,746(105.2% ROI)
Projected value
$488,128
Return breakdown
Property appreciation+$56,694
Loan principal paid down+$22,052
Rental cash flow+$12,000
10-year hold
+$197,383(228.8% ROI)
Projected value
$552,272
Return breakdown
Property appreciation+$120,838
Loan principal paid down+$52,545
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
--
Tax rate
--
Mortgage rate
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ZIP 94019 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 94019 (Half Moon Bay, CA) is $3,320 a month. That is up 4.7% from $3,170 in FY 2026. Half Moon Bay 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, 94019 is tied for the 32nd-highest two-bedroom rent (county range $3,250–$5,050). The median county two-bedroom FMR in California is $1,725, so ZIP 94019 is 92% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 94019
BedroomsFY 2027Change90–110% range
Studio$2,310+5.5%$2,079–$2,541
1BR$2,700+3.1%$2,430–$2,970
2BR$3,320+4.7%$2,988–$3,652
3BR$4,340+7.2%$3,906–$4,774
4BR$4,880+16.2%$4,392–$5,368

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 94019
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,310$2,700$3,320$4,340$4,880
FY 2026$2,190$2,620$3,170$4,050$4,200
FY 2025$2,070$2,540$3,030$3,710$4,030
FY 2024$2,030$2,500$2,980$3,650$3,970
FY 2023$2,020$2,500$3,030$3,890$4,230

Two-bedroom rent in nearby San Mateo County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 94019
94010$3,880+16.9%
94011$3,930+18.4%
94014$3,250−2.1%
94015$3,800+14.5%
94017$3,930+18.4%
94018$3,3200.0%
94019Current$3,320—
94020$4,100+23.5%
94021$3,930+18.4%
94025$4,290+29.2%
94026$3,930+18.4%
94027$4,160+25.3%

Questions about ZIP 94019 rents

How much will Section 8 pay for a two-bedroom in ZIP 94019?

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 $3,320 it would be $2,988 to $3,652. 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 94019 in?

ZIP 94019 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 94019 for FY 2027?

The two-bedroom FMR rose 4.7%, from $3,170 in FY 2026 to $3,320 in FY 2027. Since FY 2023 it has risen 9.6%.

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 rentHalf Moon Bay, CA fair market rentCA statewide rentsWhat is SAFMR?Data sources