94604
ZIPSAFMR
Alameda County, CA
BRFMR
Eff. Rent
0 BR$2,150$2,230
1 BR$2,390$2,510
2 BR$2,920$3,210
3 BR$3,730$3,950
4 BR$4,430$4,640
5 BR$5,095
6 BR$5,859
7 BR$6,737
8 BR$7,748

Purchase Price Calculator

Maximum purchase price
$415,088

Cost breakdown

+Likely effective rent$3,210
HUD FMR$2,920
Market rent$3,400
Est. payment standard (110%)Used$3,210
Estimated payment standard is $3,210 (110% of FMR).
-Principal and interest-$2,099
Loan amount$332,071
Down payment$83,018
Rate6.50%
Term30 years
-Operating costs-$911
Property taxes-$415
Insurance-$175
Utilities$0
HOA$0
Management-$321
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$51,014(61.4% ROI)
Projected value
$447,005
Current value$415,088
Return breakdown
Property appreciation+$31,916
Loan principal paid down+$11,897
Rental cash flow+$7,200
5-year hold
+$87,762(105.7% ROI)
Projected value
$469,634
Current value$415,088
Return breakdown
Property appreciation+$54,546
Loan principal paid down+$21,216
Rental cash flow+$12,000
10-year hold
+$190,814(229.8% ROI)
Projected value
$531,348
Current value$415,088
Return breakdown
Property appreciation+$116,260
Loan principal paid down+$50,554
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
0.95ratio
FMR$2,150
Market$2,270
vs market-$120

FMR is near market; voucher and private rents are aligned.

90% standard$1,935 / 0.85 ratio110% standard$2,365 / 1.04 ratio
0.95
1 BR
1 BR
0.93ratio
FMR$2,390
Market$2,570
vs market-$180

FMR is near market; voucher and private rents are aligned.

90% standard$2,151 / 0.84 ratio110% standard$2,629 / 1.02 ratio
0.93
2 BR
2 BR
0.86ratio
FMR$2,920
Market$3,400
vs market-$480

FMR is below market; voucher rent may lag private rents.

90% standard$2,628 / 0.77 ratio110% standard$3,212 / 0.94 ratio
0.86
3 BR
3 BR
0.92ratio
FMR$3,730
Market$4,070
vs market-$340

FMR is near market; voucher and private rents are aligned.

90% standard$3,357 / 0.82 ratio110% standard$4,103 / 1.01 ratio
0.92
4 BR
4 BR
0.93ratio
FMR$4,430
Market$4,760
vs market-$330

FMR is near market; voucher and private rents are aligned.

90% standard$3,987 / 0.84 ratio110% standard$4,873 / 1.02 ratio
0.93
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 94604 (CA) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

94604 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 94604 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,920 and the 4 bedroom fair market rent is $4,430.

Use this page for searches like 94604 FMR, 94604 fair market rent, and 94604 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 94604
Bedroom sizeHUD FMR
Studio$2,150
1 bedroom$2,390
2 bedroom$2,920
3 bedroom$3,730
4 bedroom$4,430