94044
ZIPSAFMR
San Mateo County, CA
BRFMR
Eff. Rent
0 BR$2,820$2,300
1 BR$3,380$2,830
2 BR$4,090$4,220
3 BR$5,220$5,120
4 BR$5,420$5,580
5 BR$6,233
6 BR$7,168
7 BR$8,243
8 BR$9,480

Purchase Price Calculator

Maximum purchase price
$565,174

Cost breakdown

+Likely effective rent$4,220
HUD FMR$4,090
Market rent$4,290
Est. payment standard (103%)Used$4,220
Estimated payment standard is $4,220 (103% of FMR).
-Principal and interest-$2,858
Loan amount$452,139
Down payment$113,035
Rate6.50%
Term30 years
-Operating costs-$1,162
Property taxes-$565
Insurance-$175
Utilities$0
HOA$0
Management-$422
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$66,856(59.1% ROI)
Projected value
$608,630
Current value$565,174
Return breakdown
Property appreciation+$43,457
Loan principal paid down+$16,199
Rental cash flow+$7,200
5-year hold
+$115,156(101.9% ROI)
Projected value
$639,442
Current value$565,174
Return breakdown
Property appreciation+$74,268
Loan principal paid down+$28,887
Rental cash flow+$12,000
10-year hold
+$251,130(222.2% ROI)
Projected value
$723,470
Current value$565,174
Return breakdown
Property appreciation+$158,296
Loan principal paid down+$68,833
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
1.23ratio
FMR$2,820
Market$2,300
vs market+$520

FMR is above market; underwrite to market rent.

90% standard$2,538 / 1.10 ratio110% standard$3,102 / 1.35 ratio
1.23
1 BR
1 BR
1.19ratio
FMR$3,380
Market$2,830
vs market+$550

FMR is above market; underwrite to market rent.

90% standard$3,042 / 1.07 ratio110% standard$3,718 / 1.31 ratio
1.19
2 BR
2 BR
0.95ratio
FMR$4,090
Market$4,290
vs market-$200

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

90% standard$3,681 / 0.86 ratio110% standard$4,499 / 1.05 ratio
0.95
3 BR
3 BR
1.02ratio
FMR$5,220
Market$5,120
vs market+$100

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

90% standard$4,698 / 0.92 ratio110% standard$5,742 / 1.12 ratio
1.02
4 BR
4 BR
0.96ratio
FMR$5,420
Market$5,670
vs market-$250

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

90% standard$4,878 / 0.86 ratio110% standard$5,962 / 1.05 ratio
0.96
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 94044 (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.

94044 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 94044 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $4,090 and the 4 bedroom fair market rent is $5,420.

Use this page for searches like 94044 FMR, 94044 fair market rent, and 94044 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 94044
Bedroom sizeHUD FMR
Studio$2,820
1 bedroom$3,380
2 bedroom$4,090
3 bedroom$5,220
4 bedroom$5,420