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Marin County/Belvedere Tiburon/94920

94920

ZIPSAFMR
Marin County, CA
Zillow

ZIP Investment Score

37Below average

095130300
BRFMR
Eff. Rent
0 BR$2,980$2,980
1 BR$3,480$3,720
2 BR$4,280$4,710
3 BR$5,600$6,160
4 BR$6,300$6,930
5 BR$7,245Not available
6 BR$8,332Not available
7 BR$9,582Not available
8 BR$11,019Not available

Purchase Price Calculator

Maximum purchase price
$637,988

Cost breakdown

+Likely effective rent$4,710
HUD FMR$4,280
Market rent$5,170
Est. payment standard (110%)Used$4,710
-Principal and interest-$3,226
Loan amount$510,390
Down payment$127,598
Rate6.50%
Term30 years
-Operating costs-$1,284
Property taxes-$638
Insurance-$175
Utilities$0
HOA$0
Management-$471
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$74,541(58.4% ROI)
Projected value
$687,043
Return breakdown
Property appreciation+$49,055
Loan principal paid down+$18,286
Rental cash flow+$7,200
5-year hold
+$128,446(100.7% ROI)
Projected value
$721,824
Return breakdown
Property appreciation+$83,837
Loan principal paid down+$32,609
Rental cash flow+$12,000
10-year hold
+$280,392(219.7% ROI)
Projected value
$816,678
Return breakdown
Property appreciation+$178,690
Loan principal paid down+$77,701
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

1 BR
0.90
2 BR
0.83
3 BR
0.60
4 BR
0.56
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 94920 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 94920 (Belvedere Tiburon, CA) is $4,280 a month. That is up 4.4% from $4,100 in FY 2026. Belvedere Tiburon is in the San Francisco, 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 $3,697. Among 39 ZIP codes in Marin County, 94920 has the 4th-highest two-bedroom rent (county range $3,250–$4,710). The median county two-bedroom FMR in California is $1,725, so ZIP 94920 is 148% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 94920
BedroomsFY 2027Change90–110% range
Studio$2,980+5.7%$2,682–$3,278
1BR$3,480+3.0%$3,132–$3,828
2BR$4,280+4.4%$3,852–$4,708
3BR$5,600+7.1%$5,040–$6,160
4BR$6,300+16.2%$5,670–$6,930

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 94920
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,980$3,480$4,280$5,600$6,300
FY 2026$2,820$3,380$4,100$5,230$5,420
FY 2025$2,890$3,530$4,210$5,250$5,580
FY 2024$2,870$3,520$4,200$5,140$5,590
FY 2023$2,600$3,210$3,840$4,740$5,160

Two-bedroom rent in nearby Marin County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 94920
94903$4,350+1.6%
94904$3,410−20.3%
94912$3,590−16.1%
94913$3,590−16.1%
94914$3,590−16.1%
94915$3,590−16.1%
94920Current$4,280—
94924$3,250−24.1%
94925$4,710+10.0%
94929$3,250−24.1%
94930$3,280−23.4%
94933$4,160−2.8%

Questions about ZIP 94920 rents

How much will Section 8 pay for a two-bedroom in ZIP 94920?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $3,697, which applies unless the housing authority uses Small Area FMRs, that basic range is $3,327 to $4,067 a month; under the ZIP-level Small Area FMR of $4,280 it would be $3,852 to $4,708. 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 94920 in?

ZIP 94920 is in the San Francisco, CA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $3,697.

How much did fair market rent change in ZIP 94920 for FY 2027?

The two-bedroom FMR rose 4.4%, from $4,100 in FY 2026 to $4,280 in FY 2027. Since FY 2023 it has risen 11.5%.

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