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Contra Costa County/Concord/94520

94520

ZIPSAFMR
Contra Costa County, CA
Zillow

ZIP Investment Score

71Below average

095130300
BRFMR
Eff. Rent
0 BR$1,970$1,620
1 BR$2,160$1,770
2 BR$2,640$2,620
3 BR$3,380$3,440
4 BR$4,000$3,850
5 BR$4,600Not available
6 BR$5,290Not available
7 BR$6,083Not available
8 BR$6,996Not available

Purchase Price Calculator

Maximum purchase price
$327,414

Cost breakdown

+Likely effective rent$2,620
HUD FMR$2,640
Market rentUsed$2,620
Est. payment standard (100%)$2,630
-Principal and interest-$1,656
Loan amount$261,932
Down payment$65,483
Rate6.50%
Term30 years
-Operating costs-$764
Property taxes-$327
Insurance-$175
Utilities$0
HOA$0
Management-$262
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$41,759(63.8% ROI)
Projected value
$352,590
Return breakdown
Property appreciation+$25,175
Loan principal paid down+$9,384
Rental cash flow+$7,200
5-year hold
+$71,760(109.6% ROI)
Projected value
$370,439
Return breakdown
Property appreciation+$43,025
Loan principal paid down+$16,735
Rental cash flow+$12,000
10-year hold
+$155,580(237.6% ROI)
Projected value
$419,118
Return breakdown
Property appreciation+$91,704
Loan principal paid down+$39,876
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.22
1 BR
1.22
2 BR
1.01
3 BR
0.97
4 BR
1.04
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 94520 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 94520 (Concord, CA) is $2,640 a month. That is down 1.1% from $2,670 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, 94520 has the 39th-highest two-bedroom rent (county range $2,630–$3,650). The median county two-bedroom FMR in California is $1,725, so ZIP 94520 is 53% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 94520
BedroomsFY 2027Change90–110% range
Studio$1,970+0.5%$1,773–$2,167
1BR$2,160−1.4%$1,944–$2,376
2BR$2,640−1.1%$2,376–$2,904
3BR$3,380−0.9%$3,042–$3,718
4BR$4,000−1.2%$3,600–$4,400

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 94520
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,970$2,160$2,640$3,380$4,000
FY 2026$1,960$2,190$2,670$3,410$4,050
FY 2025$1,670$1,920$2,340$3,010$3,560
FY 2024$1,570$1,830$2,230$2,880$3,400
FY 2023$1,450$1,730$2,110$2,760$3,250

Two-bedroom rent in nearby Contra Costa County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 94520
94514$2,960+12.1%
94516$2,630−0.4%
94517$3,260+23.5%
94518$2,730+3.4%
94519$2,780+5.3%
94520Current$2,640—
94521$2,830+7.2%
94522$2,790+5.7%
94523$2,970+12.5%
94524$2,790+5.7%
94525$2,630−0.4%
94526$2,860+8.3%

Questions about ZIP 94520 rents

How much will Section 8 pay for a two-bedroom in ZIP 94520?

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 $2,640 it would be $2,376 to $2,904. 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 94520 in?

ZIP 94520 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 94520 for FY 2027?

The two-bedroom FMR fell 1.1%, from $2,670 in FY 2026 to $2,640 in FY 2027. Since FY 2023 it has risen 25.1%.

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