94704
ZIPSAFMR
Alameda County, CA
BRFMR
Eff. Rent
0 BR$1,960$1,960
1 BR$2,180$2,180
2 BR$2,660$2,660
3 BR$3,400$3,400
4 BR$4,030$4,030
5 BR$4,635
6 BR$5,330
7 BR$6,129
8 BR$7,048

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio
0.95ratio
FMR$1,960
Market$2,060
vs market-$100

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.95
1 BR
1 BR
0.96ratio
FMR$2,180
Market$2,260
vs market-$80

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.96
2 BR
2 BR
0.83ratio
FMR$2,660
Market$3,220
vs market-$560

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.83
3 BR
3 BR
0.88ratio
FMR$3,400
Market$3,850
vs market-$450

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.88
4 BR
4 BR
0.97ratio
FMR$4,030
Market$4,160
vs market-$130

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.97
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit sizes.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$333,358
Rent
$2,660
Down payment
$66,672
Loan
$266,687
Mortgage
$1,686
Expenses
$774
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 94704 (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.