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Contra Costa County/Concord/94518

94518

ZIPSAFMR
Contra Costa County, CA
Zillow

ZIP Investment Score

58Below average

095130300
BRFMR
Eff. Rent
0 BR$2,030$2,030
1 BR$2,230$2,040
2 BR$2,730$2,710
3 BR$3,500$3,680
4 BR$4,140$4,340
5 BR$4,761Not available
6 BR$5,475Not available
7 BR$6,296Not available
8 BR$7,241Not available

Purchase Price Calculator

Maximum purchase price
$340,788

Cost breakdown

+Likely effective rent$2,710
HUD FMR$2,730
Market rentUsed$2,710
Est. payment standard (100%)$2,720
-Principal and interest-$1,723
Loan amount$272,631
Down payment$68,158
Rate6.50%
Term30 years
-Operating costs-$787
Property taxes-$341
Insurance-$175
Utilities$0
HOA$0
Management-$271
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$43,171(63.3% ROI)
Projected value
$366,992
Return breakdown
Property appreciation+$26,203
Loan principal paid down+$9,768
Rental cash flow+$7,200
5-year hold
+$74,201(108.9% ROI)
Projected value
$385,571
Return breakdown
Property appreciation+$44,782
Loan principal paid down+$17,418
Rental cash flow+$12,000
10-year hold
+$160,955(236.2% ROI)
Projected value
$436,238
Return breakdown
Property appreciation+$95,450
Loan principal paid down+$41,505
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

1 BR
1.09
2 BR
1.01
3 BR
0.93
4 BR
0.93
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 94518 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 94518 (Concord, CA) is $2,730 a month. That is down 4.9% from $2,870 in FY 2026. Concord is in the Oakland-Fremont, 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 $2,805. Among 49 ZIP codes in Contra Costa County, 94518 is tied for the 34th-highest two-bedroom rent (county range $2,630–$3,650). The median county two-bedroom FMR in California is $1,725, so ZIP 94518 is 58% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 94518
BedroomsFY 2027Change90–110% range
Studio$2,030−3.8%$1,827–$2,233
1BR$2,230−5.1%$2,007–$2,453
2BR$2,730−4.9%$2,457–$3,003
3BR$3,500−4.6%$3,150–$3,850
4BR$4,140−4.8%$3,726–$4,554

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 94518
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,030$2,230$2,730$3,500$4,140
FY 2026$2,110$2,350$2,870$3,670$4,350
FY 2025$1,930$2,190$2,670$3,420$4,060
FY 2024$1,850$2,160$2,630$3,390$4,010
FY 2023$1,680$2,000$2,440$3,190$3,760

Two-bedroom rent in nearby Contra Costa County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 94518
94511$2,630−3.7%
94513$3,070+12.5%
94514$2,960+8.4%
94516$2,630−3.7%
94517$3,260+19.4%
94518Current$2,730—
94519$2,780+1.8%
94520$2,640−3.3%
94521$2,830+3.7%
94522$2,790+2.2%
94523$2,970+8.8%
94524$2,790+2.2%

Questions about ZIP 94518 rents

How much will Section 8 pay for a two-bedroom in ZIP 94518?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,805, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,525 to $3,086 a month; under the ZIP-level Small Area FMR of $2,730 it would be $2,457 to $3,003. 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 94518 in?

ZIP 94518 is in the Oakland-Fremont, CA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,805.

How much did fair market rent change in ZIP 94518 for FY 2027?

The two-bedroom FMR fell 4.9%, from $2,870 in FY 2026 to $2,730 in FY 2027. Since FY 2023 it has risen 11.9%.

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

County fair market rentConcord, CA fair market rentCA statewide rentsWhat is SAFMR?Data sources