FMR is near market; voucher and private rents are aligned.
1.07
1 BR
1 BR
0.78ratio
FMR$2,900
Market$3,740
vs market-$840
FMR is below market; voucher rent may lag private rents.
0.78
2 BR
2 BR
0.66ratio
FMR$3,570
Market$5,440
vs market-$1,870
FMR is below market; voucher rent may lag private rents.
0.66
3 BR
3 BR
0.53ratio
FMR$4,670
Market$8,860
vs market-$4,190
FMR is below market; voucher rent may lag private rents.
0.53
4 BR
4 BR
0.60ratio
FMR$5,250
Market$8,720
vs market-$3,470
FMR is below market; voucher rent may lag private rents.
0.60
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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ZIP 94130 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 94130 (San Francisco, CA) is $3,570 a month. That is unchanged from FY 2026. San Francisco 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 37 ZIP codes in San Francisco County, 94130 has the 14th-highest two-bedroom rent (county range $3,250–$4,930). The median county two-bedroom FMR in California is $1,725, so ZIP 94130 is 107% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 94130
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,460
$2,490
+1.2%
$2,241–$2,739
1BR
$2,950
$2,900
−1.7%
$2,610–$3,190
2BR
$3,570
$3,570
0.0%
$3,213–$3,927
3BR
$4,560
$4,670
+2.4%
$4,203–$5,137
4BR
$4,730
$5,250
+11.0%
$4,725–$5,775
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 94130
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,490
$2,900
$3,570
$4,670
$5,250
FY 2026
$2,460
$2,950
$3,570
$4,560
$4,730
FY 2025
$2,280
$2,790
$3,330
$4,150
$4,410
FY 2024
$2,310
$2,840
$3,380
$4,140
$4,500
FY 2023
$2,240
$2,770
$3,320
$4,210
$4,580
Two-bedroom rent in nearby San Francisco County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 94130?
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 $3,570 it would be $3,213 to $3,927. 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 94130 in?
ZIP 94130 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 94130 for FY 2027?
The two-bedroom FMR was unchanged at $3,570 in FY 2027. Since FY 2023 it has risen 7.5%.
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