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Alameda County/San Leandro/94579

94579

ZIPSAFMR
Alameda County, CA
Zillow

ZIP Investment Score

53Below average

095130300
BRFMR
Eff. Rent
0 BR$1,930$1,930
1 BR$2,150$2,080
2 BR$2,630$2,730
3 BR$3,360$3,500
4 BR$3,980$3,910
5 BR$4,577Not available
6 BR$5,264Not available
7 BR$6,053Not available
8 BR$6,961Not available

Purchase Price Calculator

Maximum purchase price
$343,760

Cost breakdown

+Likely effective rent$2,730
HUD FMR$2,630
Market rent$2,780
Est. payment standard (104%)Used$2,730
-Principal and interest-$1,738
Loan amount$275,008
Down payment$68,752
Rate6.50%
Term30 years
-Operating costs-$792
Property taxes-$344
Insurance-$175
Utilities$0
HOA$0
Management-$273
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$43,485(63.2% ROI)
Projected value
$370,192
Return breakdown
Property appreciation+$26,432
Loan principal paid down+$9,853
Rental cash flow+$7,200
5-year hold
+$74,743(108.7% ROI)
Projected value
$388,933
Return breakdown
Property appreciation+$45,173
Loan principal paid down+$17,570
Rental cash flow+$12,000
10-year hold
+$162,149(235.8% ROI)
Projected value
$440,042
Return breakdown
Property appreciation+$96,282
Loan principal paid down+$41,867
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

1 BR
1.03
2 BR
0.95
3 BR
0.94
4 BR
1.02
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 94579 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 94579 (San Leandro, CA) is $2,630 a month. That is up 1.2% from $2,600 in FY 2026. San Leandro 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 63 ZIP codes in Alameda County, 94579 is tied for the 52nd-highest two-bedroom rent (county range $2,630–$3,830). The median county two-bedroom FMR in California is $1,725, so ZIP 94579 is 52% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 94579
BedroomsFY 2027Change90–110% range
Studio$1,930+1.0%$1,737–$2,123
1BR$2,150+0.9%$1,935–$2,365
2BR$2,630+1.2%$2,367–$2,893
3BR$3,360+1.2%$3,024–$3,696
4BR$3,980+1.0%$3,582–$4,378

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 94579
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,930$2,150$2,630$3,360$3,980
FY 2026$1,910$2,130$2,600$3,320$3,940
FY 2025$1,820$2,070$2,520$3,220$3,830
FY 2024$1,780$2,070$2,520$3,250$3,850
FY 2023$1,630$1,940$2,370$3,100$3,650

Two-bedroom rent in nearby Alameda County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 94579
94557$2,810+6.8%
94560$3,290+25.1%
94566$3,150+19.8%
94568$3,810+44.9%
94577$2,730+3.8%
94578$2,670+1.5%
94579Current$2,630—
94580$2,670+1.5%
94586$3,510+33.5%
94587$3,070+16.7%
94588$3,770+43.3%
94601$2,6300.0%

Questions about ZIP 94579 rents

How much will Section 8 pay for a two-bedroom in ZIP 94579?

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 $2,630 it would be $2,367 to $2,893. 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 94579 in?

ZIP 94579 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 94579 for FY 2027?

The two-bedroom FMR rose 1.2%, from $2,600 in FY 2026 to $2,630 in FY 2027. Since FY 2023 it has risen 11.0%.

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 rentSan Leandro, CA fair market rentCA statewide rentsWhat is SAFMR?Data sources