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Solano County/Vallejo/94592

94592

ZIPSAFMR
Solano County, CA
Zillow

ZIP Investment Score

59Below average

095130300
BRFMR
Eff. Rent
0 BR$2,250$2,250
1 BR$2,480$1,880
2 BR$3,090$2,280
3 BR$4,030$2,790
4 BR$4,600$2,890
5 BR$5,290Not available
6 BR$6,083Not available
7 BR$6,996Not available
8 BR$8,045Not available

Purchase Price Calculator

Maximum purchase price
$276,891

Cost breakdown

+Likely effective rent$2,280
HUD FMR$3,090
Market rentUsed$2,280
Est. payment standard (90%)$2,780
-Principal and interest-$1,400
Loan amount$221,512
Down payment$55,378
Rate6.50%
Term30 years
-Operating costs-$680
Property taxes-$277
Insurance-$175
Utilities$0
HOA$0
Management-$228
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$36,427(65.8% ROI)
Projected value
$298,181
Return breakdown
Property appreciation+$21,290
Loan principal paid down+$7,936
Rental cash flow+$7,200
5-year hold
+$62,538(112.9% ROI)
Projected value
$313,276
Return breakdown
Property appreciation+$36,386
Loan principal paid down+$14,152
Rental cash flow+$12,000
10-year hold
+$135,276(244.3% ROI)
Projected value
$354,443
Return breakdown
Property appreciation+$77,553
Loan principal paid down+$33,723
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

1 BR
1.32
2 BR
1.36
3 BR
1.44
4 BR
1.59
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 94592 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 94592 (Vallejo, CA) is $3,090 a month. That is down 5.5% from $3,270 in FY 2026. Vallejo is in the Vallejo, CA MSA. 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 $2,342. Among 16 ZIP codes in Solano County, 94592 has the 2nd-highest two-bedroom rent (county range $1,620–$3,290). The median county two-bedroom FMR in California is $1,725, so ZIP 94592 is 79% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 94592
BedroomsFY 2027Change90–110% range
Studio$2,250−3.8%$2,025–$2,475
1BR$2,480−3.1%$2,232–$2,728
2BR$3,090−5.5%$2,781–$3,399
3BR$4,030−7.8%$3,627–$4,433
4BR$4,600−7.1%$4,140–$5,060

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 94592
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,250$2,480$3,090$4,030$4,600
FY 2026$2,340$2,560$3,270$4,370$4,950
FY 2025$2,590$2,840$3,630$4,850$5,500
FY 2024$2,480$2,780$3,460$4,800$5,460
FY 2023$2,140$2,430$2,940$4,180$4,890

Two-bedroom rent in nearby Solano County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 94592
94510$2,560−17.2%
94512$2,050−33.7%
94533$2,250−27.2%
94534$2,990−3.2%
94535$3,290+6.5%
94571$1,620−47.6%
94585$2,420−21.7%
94589$2,360−23.6%
94590$2,230−27.8%
94591$2,990−3.2%
94592Current$3,090—
95620$1,970−36.2%

Questions about ZIP 94592 rents

How much will Section 8 pay for a two-bedroom in ZIP 94592?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,342, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,108 to $2,576 a month; under the ZIP-level Small Area FMR of $3,090 it would be $2,781 to $3,399. 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 94592 in?

ZIP 94592 is in the Vallejo, CA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,342.

How much did fair market rent change in ZIP 94592 for FY 2027?

The two-bedroom FMR fell 5.5%, from $3,270 in FY 2026 to $3,090 in FY 2027. Since FY 2023 it has risen 5.1%.

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