FMR is near market; voucher and private rents are aligned.
1.02
2 BR
2 BR
1.07ratio
FMR$2,820
Market$2,640
vs market+$180
FMR is near market; voucher and private rents are aligned.
1.07
3 BR
3 BR
1.32ratio
FMR$3,900
Market$2,960
vs market+$940
FMR is above market; underwrite to market rent.
1.32
4 BR
4 BR
1.42ratio
FMR$4,300
Market$3,020
vs market+$1,280
FMR is above market; underwrite to market rent.
1.42
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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ZIP 94955 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 94955 (Petaluma, CA) is $2,820 a month. That is down 0.4% from $2,830 in FY 2026. Petaluma is in the Santa Rosa-Petaluma, CA MSA. 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 $2,819. Among 49 ZIP codes in Sonoma County, 94955 is tied for the 15th-highest two-bedroom rent (county range $2,550–$3,390). The median county two-bedroom FMR in California is $1,725, so ZIP 94955 is 63% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 94955
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,950
$1,980
+1.5%
$1,782–$2,178
1BR
$2,160
$2,160
0.0%
$1,944–$2,376
2BR
$2,830
$2,820
−0.4%
$2,538–$3,102
3BR
$3,890
$3,900
+0.3%
$3,510–$4,290
4BR
$4,150
$4,300
+3.6%
$3,870–$4,730
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 94955
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,980
$2,160
$2,820
$3,900
$4,300
FY 2026
$1,950
$2,160
$2,830
$3,890
$4,150
FY 2025
$1,880
$2,090
$2,740
$3,740
$3,960
FY 2024
$1,610
$1,810
$2,380
$3,230
$3,430
FY 2023
$1,520
$1,710
$2,250
$3,100
$3,350
Two-bedroom rent in nearby Sonoma County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 94955?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,819, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,537 to $3,101 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 94955 in?
ZIP 94955 is in the Santa Rosa-Petaluma, CA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,819.
How much did fair market rent change in ZIP 94955 for FY 2027?
The two-bedroom FMR fell 0.4%, from $2,830 in FY 2026 to $2,820 in FY 2027. Since FY 2023 it has risen 25.3%.
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