94609
ZIPSAFMR
Alameda County, CA
BRFMR
Eff. Rent
0 BR$2,220$1,690
1 BR$2,470$2,070
2 BR$3,020$2,990
3 BR$3,860$4,050
4 BR$4,580$3,630
5 BR$5,267
6 BR$6,057
7 BR$6,966
8 BR$8,010

Purchase Price Calculator

Maximum purchase price
$382,396

Cost breakdown

+Likely effective rent$2,990
HUD FMR$3,020
Market rentUsed$2,990
Est. payment standard (99%)$3,000
Market rent is below the inferred standard ($3,000, 99% of FMR).
-Principal and interest-$1,934
Loan amount$305,917
Down payment$76,479
Rate6.50%
Term30 years
-Operating costs-$856
Property taxes-$382
Insurance-$175
Utilities$0
HOA$0
Management-$299
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$47,563(62.2% ROI)
Projected value
$411,799
Current value$382,396
Return breakdown
Property appreciation+$29,403
Loan principal paid down+$10,960
Rental cash flow+$7,200
5-year hold
+$81,795(107.0% ROI)
Projected value
$432,646
Current value$382,396
Return breakdown
Property appreciation+$50,250
Loan principal paid down+$19,545
Rental cash flow+$12,000
10-year hold
+$177,676(232.3% ROI)
Projected value
$489,500
Current value$382,396
Return breakdown
Property appreciation+$107,103
Loan principal paid down+$46,572
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
1.31ratio
FMR$2,220
Market$1,690
vs market+$530

FMR is above market; underwrite to market rent.

90% standard$1,998 / 1.18 ratio110% standard$2,442 / 1.44 ratio
1.31
1 BR
1 BR
1.19ratio
FMR$2,470
Market$2,070
vs market+$400

FMR is above market; underwrite to market rent.

90% standard$2,223 / 1.07 ratio110% standard$2,717 / 1.31 ratio
1.19
2 BR
2 BR
1.01ratio
FMR$3,020
Market$2,990
vs market+$30

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

90% standard$2,718 / 0.91 ratio110% standard$3,322 / 1.11 ratio
1.01
3 BR
3 BR
0.93ratio
FMR$3,860
Market$4,150
vs market-$290

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

90% standard$3,474 / 0.84 ratio110% standard$4,246 / 1.02 ratio
0.93
4 BR
4 BR
1.26ratio
FMR$4,580
Market$3,630
vs market+$950

FMR is above market; underwrite to market rent.

90% standard$4,122 / 1.14 ratio110% standard$5,038 / 1.39 ratio
1.26
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger 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 94609 (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.

94609 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 94609 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $3,020 and the 4 bedroom fair market rent is $4,580.

Use this page for searches like 94609 FMR, 94609 fair market rent, and 94609 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 94609
Bedroom sizeHUD FMR
Studio$2,220
1 bedroom$2,470
2 bedroom$3,020
3 bedroom$3,860
4 bedroom$4,580