94041
ZIPSAFMR
Santa Clara County, CA
BRFMR
Eff. Rent
0 BR$2,920$2,660
1 BR$3,320$3,150
2 BR$3,880$4,160
3 BR$5,130$5,540
4 BR$5,580$6,140
5 BR$6,417
6 BR$7,380
7 BR$8,486
8 BR$9,759

Purchase Price Calculator

Maximum purchase price
$556,258

Cost breakdown

+Likely effective rent$4,160
HUD FMR$3,880
Market rent$4,310
Est. payment standard (107%)Used$4,160
Estimated payment standard is $4,160 (107% of FMR).
-Principal and interest-$2,813
Loan amount$445,006
Down payment$111,252
Rate6.50%
Term30 years
-Operating costs-$1,147
Property taxes-$556
Insurance-$175
Utilities$0
HOA$0
Management-$416
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$65,915(59.2% ROI)
Projected value
$599,029
Current value$556,258
Return breakdown
Property appreciation+$42,771
Loan principal paid down+$15,943
Rental cash flow+$7,200
5-year hold
+$113,528(102.0% ROI)
Projected value
$629,355
Current value$556,258
Return breakdown
Property appreciation+$73,097
Loan principal paid down+$28,432
Rental cash flow+$12,000
10-year hold
+$247,546(222.5% ROI)
Projected value
$712,057
Current value$556,258
Return breakdown
Property appreciation+$155,799
Loan principal paid down+$67,747
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
1.10ratio
FMR$2,920
Market$2,660
vs market+$260

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

90% standard$2,628 / 0.99 ratio110% standard$3,212 / 1.21 ratio
1.10
1 BR
1 BR
1.05ratio
FMR$3,320
Market$3,150
vs market+$170

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

90% standard$2,988 / 0.95 ratio110% standard$3,652 / 1.16 ratio
1.05
2 BR
2 BR
0.90ratio
FMR$3,880
Market$4,310
vs market-$430

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

90% standard$3,492 / 0.81 ratio110% standard$4,268 / 0.99 ratio
0.90
3 BR
3 BR
0.89ratio
FMR$5,130
Market$5,760
vs market-$630

FMR is below market; voucher rent may lag private rents.

90% standard$4,617 / 0.80 ratio110% standard$5,643 / 0.98 ratio
0.89
4 BR
4 BR
0.78ratio
FMR$5,580
Market$7,200
vs market-$1,620

FMR is below market; voucher rent may lag private rents.

90% standard$5,022 / 0.70 ratio110% standard$6,138 / 0.85 ratio
0.78
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller 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 94041 (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.

94041 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 94041 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $3,880 and the 4 bedroom fair market rent is $5,580.

Use this page for searches like 94041 FMR, 94041 fair market rent, and 94041 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 94041
Bedroom sizeHUD FMR
Studio$2,920
1 bedroom$3,320
2 bedroom$3,880
3 bedroom$5,130
4 bedroom$5,580