94115
ZIPSAFMR
San Francisco County, CA
BRFMR
Eff. Rent
0 BR$2,840$2,800
1 BR$3,400$3,370
2 BR$4,120$4,280
3 BR$5,260$5,790
4 BR$5,450$5,580
5 BR$6,267
6 BR$7,208
7 BR$8,289
8 BR$9,532

Purchase Price Calculator

Maximum purchase price
$574,090

Cost breakdown

+Likely effective rent$4,280
HUD FMR$4,120
Market rent$4,360
Est. payment standard (104%)Used$4,280
Estimated payment standard is $4,280 (104% of FMR).
-Principal and interest-$2,903
Loan amount$459,272
Down payment$114,818
Rate6.50%
Term30 years
-Operating costs-$1,177
Property taxes-$574
Insurance-$175
Utilities$0
HOA$0
Management-$428
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$67,797(59.0% ROI)
Projected value
$618,232
Current value$574,090
Return breakdown
Property appreciation+$44,142
Loan principal paid down+$16,455
Rental cash flow+$7,200
5-year hold
+$116,783(101.7% ROI)
Projected value
$649,530
Current value$574,090
Return breakdown
Property appreciation+$75,440
Loan principal paid down+$29,343
Rental cash flow+$12,000
10-year hold
+$254,713(221.8% ROI)
Projected value
$734,883
Current value$574,090
Return breakdown
Property appreciation+$160,794
Loan principal paid down+$69,919
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
1.01ratio
FMR$2,840
Market$2,800
vs market+$40

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

90% standard$2,556 / 0.91 ratio110% standard$3,124 / 1.12 ratio
1.01
1 BR
1 BR
1.01ratio
FMR$3,400
Market$3,370
vs market+$30

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

90% standard$3,060 / 0.91 ratio110% standard$3,740 / 1.11 ratio
1.01
2 BR
2 BR
0.94ratio
FMR$4,120
Market$4,360
vs market-$240

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

90% standard$3,708 / 0.85 ratio110% standard$4,532 / 1.04 ratio
0.94
3 BR
3 BR
0.80ratio
FMR$5,260
Market$6,570
vs market-$1,310

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

90% standard$4,734 / 0.72 ratio110% standard$5,786 / 0.88 ratio
0.80
4 BR
4 BR
0.96ratio
FMR$5,450
Market$5,650
vs market-$200

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

90% standard$4,905 / 0.87 ratio110% standard$5,995 / 1.06 ratio
0.96
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 94115 (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.

94115 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 94115 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $4,120 and the 4 bedroom fair market rent is $5,450.

Use this page for searches like 94115 FMR, 94115 fair market rent, and 94115 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 94115
Bedroom sizeHUD FMR
Studio$2,840
1 bedroom$3,400
2 bedroom$4,120
3 bedroom$5,260
4 bedroom$5,450