94070
ZIPSAFMR
San Mateo County, CA
BRFMR
Eff. Rent
0 BR$2,720$2,600
1 BR$3,260$3,260
2 BR$3,950$3,950
3 BR$5,050$5,050
4 BR$5,230$5,230
5 BR$6,014
6 BR$6,917
7 BR$7,954
8 BR$9,147

Market Alignment

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

Studio
Studio
1.05ratio
FMR$2,720
Market$2,600
vs market+$120

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1.05
1 BR
1 BR
0.91ratio
FMR$3,260
Market$3,580
vs market-$320

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.91
2 BR
2 BR
0.89ratio
FMR$3,950
Market$4,460
vs market-$510

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.89
3 BR
3 BR
0.88ratio
FMR$5,050
Market$5,740
vs market-$690

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.88
4 BR
4 BR
0.67ratio
FMR$5,230
Market$7,820
vs market-$2,590

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.67
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit 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
$525,052
Rent
$3,950
Down payment
$105,010
Loan
$420,042
Mortgage
$2,655
Expenses
$1,095
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 94070 (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.