94305
ZIPSAFMR
Santa Clara County, CA
BRFMR
Eff. Rent
0 BR$1,940$1,940
1 BR$2,190$2,190
2 BR$2,540$2,540
3 BR$3,250$3,250
4 BR$3,600$3,600
5 BR$4,140
6 BR$4,761
7 BR$5,475
8 BR$6,296

Market Alignment

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

Studio
Studio
0.67ratio
FMR$1,940
Market$2,900
vs market-$960

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

0.67
1 BR
1 BR
0.61ratio
FMR$2,190
Market$3,600
vs market-$1,410

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

0.61
2 BR
2 BR
0.55ratio
FMR$2,540
Market$4,640
vs market-$2,100

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

0.55
3 BR
3 BR
0.48ratio
FMR$3,250
Market$6,740
vs market-$3,490

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

0.48
4 BR
4 BR
0.33ratio
FMR$3,600
Market$11,060
vs market-$7,460

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

0.33
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for all bedroom 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
$315,526
Rent
$2,540
Down payment
$63,105
Loan
$252,421
Mortgage
$1,595
Expenses
$745
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 94305 (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.