Skip to main content
Loading page
Contra Costa County/Walnut Creek/94595

94595

ZIPSAFMR
Contra Costa County, CA
Zillow

ZIP Investment Score

35Below average

095130300
BRFMR
Eff. Rent
0 BR$2,100$2,150
1 BR$2,300$2,380
2 BR$2,820$3,100
3 BR$3,610$3,970
4 BR$4,270$4,700
5 BR$4,911Not available
6 BR$5,647Not available
7 BR$6,494Not available
8 BR$7,468Not available

Purchase Price Calculator

Maximum purchase price
$398,742

Cost breakdown

+Likely effective rent$3,100
HUD FMR$2,820
Market rent$3,400
Est. payment standard (110%)Used$3,100
-Principal and interest-$2,016
Loan amount$318,994
Down payment$79,748
Rate6.50%
Term30 years
-Operating costs-$884
Property taxes-$399
Insurance-$175
Utilities$0
HOA$0
Management-$310
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$49,288(61.8% ROI)
Projected value
$429,402
Return breakdown
Property appreciation+$30,660
Loan principal paid down+$11,429
Rental cash flow+$7,200
5-year hold
+$84,779(106.3% ROI)
Projected value
$451,140
Return breakdown
Property appreciation+$52,398
Loan principal paid down+$20,381
Rental cash flow+$12,000
10-year hold
+$184,245(231.0% ROI)
Projected value
$510,424
Return breakdown
Property appreciation+$111,682
Loan principal paid down+$48,563
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
0.97
1 BR
0.95
2 BR
0.83
3 BR
0.74
4 BR
0.74
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 94595 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 94595 (Walnut Creek, CA) is $2,820 a month. That is down 5.7% from $2,990 in FY 2026. Walnut Creek 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, 94595 has the 23rd-highest two-bedroom rent (county range $2,630–$3,650). The median county two-bedroom FMR in California is $1,725, so ZIP 94595 is 63% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 94595
BedroomsFY 2027Change90–110% range
Studio$2,100−4.5%$1,890–$2,310
1BR$2,300−6.1%$2,070–$2,530
2BR$2,820−5.7%$2,538–$3,102
3BR$3,610−5.5%$3,249–$3,971
4BR$4,270−5.7%$3,843–$4,697

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 94595
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,100$2,300$2,820$3,610$4,270
FY 2026$2,200$2,450$2,990$3,820$4,530
FY 2025$2,050$2,330$2,840$3,630$4,320
FY 2024$1,970$2,300$2,790$3,600$4,260
FY 2023$1,750$2,080$2,540$3,320$3,910

Two-bedroom rent in nearby Contra Costa County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 94595
94564$3,080+9.2%
94565$2,630−6.7%
94569$2,720−3.5%
94570$2,790−1.1%
94572$2,630−6.7%
94575$3,480+23.4%
94582$3,430+21.6%
94583$3,550+25.9%
94595Current$2,820—
94596$3,250+15.2%
94597$3,140+11.3%
94598$3,630+28.7%

Questions about ZIP 94595 rents

How much will Section 8 pay for a two-bedroom in ZIP 94595?

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 $2,820 it would be $2,538 to $3,102. 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 94595 in?

ZIP 94595 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 94595 for FY 2027?

The two-bedroom FMR fell 5.7%, from $2,990 in FY 2026 to $2,820 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 rentWalnut Creek, CA fair market rentCA statewide rentsWhat is SAFMR?Data sources