Skip to main content
Loading page
Alameda County/Sunol/94586

94586

ZIPSAFMR
Alameda County, CA
Zillow

ZIP Investment Score

41Below average

095130300
BRFMR
Eff. Rent
0 BR$2,610$2,870
1 BR$2,860$3,150
2 BR$3,510$3,710
3 BR$4,500$4,930
4 BR$5,320$5,680
5 BR$6,118Not available
6 BR$7,036Not available
7 BR$8,091Not available
8 BR$9,305Not available

Purchase Price Calculator

Maximum purchase price
$489,388

Cost breakdown

+Likely effective rent$3,710
HUD FMR$3,510
Market rent$3,810
Est. payment standard (106%)Used$3,710
-Principal and interest-$2,475
Loan amount$391,510
Down payment$97,878
Rate6.50%
Term30 years
-Operating costs-$1,035
Property taxes-$489
Insurance-$175
Utilities$0
HOA$0
Management-$371
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$58,856(60.1% ROI)
Projected value
$527,017
Return breakdown
Property appreciation+$37,629
Loan principal paid down+$14,027
Rental cash flow+$7,200
5-year hold
+$101,323(103.5% ROI)
Projected value
$553,698
Return breakdown
Property appreciation+$64,310
Loan principal paid down+$25,014
Rental cash flow+$12,000
10-year hold
+$220,673(225.5% ROI)
Projected value
$626,458
Return breakdown
Property appreciation+$137,070
Loan principal paid down+$59,603
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
0.70
1 BR
0.80
2 BR
0.92
3 BR
0.87
4 BR
0.90
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 94586 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 94586 (Sunol, CA) is $3,510 a month. That is up 8.0% from $3,250 in FY 2026. Sunol 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, 94586 has the 8th-highest two-bedroom rent (county range $2,630–$3,830). The median county two-bedroom FMR in California is $1,725, so ZIP 94586 is 103% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 94586
BedroomsFY 2027Change90–110% range
Studio$2,610+9.2%$2,349–$2,871
1BR$2,860+7.5%$2,574–$3,146
2BR$3,510+8.0%$3,159–$3,861
3BR$4,500+8.2%$4,050–$4,950
4BR$5,320+7.9%$4,788–$5,852

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 94586
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,610$2,860$3,510$4,500$5,320
FY 2026$2,390$2,660$3,250$4,160$4,930
FY 2025$1,680$1,920$2,340$3,010$3,560
FY 2024$1,590$1,850$2,250$2,900$3,430
FY 2023$1,450$1,730$2,110$2,760$3,250

Two-bedroom rent in nearby Alameda County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 94586
94568$3,810+8.5%
94577$2,730−22.2%
94578$2,670−23.9%
94579$2,630−25.1%
94580$2,670−23.9%
94586Current$3,510—
94587$3,070−12.5%
94588$3,770+7.4%
94601$2,630−25.1%
94602$2,630−25.1%
94603$2,630−25.1%
94604$2,810−19.9%

Questions about ZIP 94586 rents

How much will Section 8 pay for a two-bedroom in ZIP 94586?

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 $3,510 it would be $3,159 to $3,861. 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 94586 in?

ZIP 94586 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 94586 for FY 2027?

The two-bedroom FMR rose 8.0%, from $3,250 in FY 2026 to $3,510 in FY 2027. Since FY 2023 it has risen 66.4%.

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