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94965

ZIPSAFMR
Marin County, CA

ZIP Investment Score

49Below average

095130300
BRFMR
Eff. Rent
0 BR$2,880$2,890
1 BR$3,360$3,590
2 BR$4,140$4,550
3 BR$5,410$5,950
4 BR$6,090$6,700
5 BR$7,003Not available
6 BR$8,054Not available
7 BR$9,262Not available
8 BR$10,651Not available

Purchase Price Calculator

Maximum purchase price
$614,212

Cost breakdown

+Likely effective rent$4,550
HUD FMR$4,140
Market rent$5,350
Est. payment standard (110%)Used$4,550
-Principal and interest-$3,106
Loan amount$491,369
Down payment$122,842
Rate6.50%
Term30 years
-Operating costs-$1,244
Property taxes-$614
Insurance-$175
Utilities$0
HOA$0
Management-$455
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$72,032(58.6% ROI)
Projected value
$661,439
Return breakdown
Property appreciation+$47,227
Loan principal paid down+$17,605
Rental cash flow+$7,200
5-year hold
+$124,106(101.0% ROI)
Projected value
$694,924
Return breakdown
Property appreciation+$80,712
Loan principal paid down+$31,394
Rental cash flow+$12,000
10-year hold
+$270,837(220.5% ROI)
Projected value
$786,243
Return breakdown
Property appreciation+$172,031
Loan principal paid down+$74,805
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.99
1 BR
0.90
2 BR
0.77
3 BR
0.78
4 BR
0.70
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 94965 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 94965 (Sausalito, CA) is $4,140 a month. That is up 4.8% from $3,950 in FY 2026. Sausalito 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, 94965 has the 7th-highest two-bedroom rent (county range $3,250–$4,710). The median county two-bedroom FMR in California is $1,725, so ZIP 94965 is 140% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 94965
BedroomsFY 2027Change90–110% range
Studio$2,880+5.9%$2,592–$3,168
1BR$3,360+3.1%$3,024–$3,696
2BR$4,140+4.8%$3,726–$4,554
3BR$5,410+7.1%$4,869–$5,951
4BR$6,090+16.4%$5,481–$6,699

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 94965
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,880$3,360$4,140$5,410$6,090
FY 2026$2,720$3,260$3,950$5,050$5,230
FY 2025$2,450$2,990$3,570$4,450$4,730
FY 2024$2,410$2,960$3,530$4,320$4,700
FY 2023$2,270$2,810$3,360$4,120$4,510

Two-bedroom rent in nearby Marin County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 94965
94956$3,250−21.5%
94957$4,520+9.2%
94960$3,880−6.3%
94963$3,750−9.4%
94964$3,760−9.2%
94965Current$4,140—
94966$3,590−13.3%
94970$3,250−21.5%
94971$3,590−13.3%
94973$3,250−21.5%
94976$3,590−13.3%
94977$3,590−13.3%

Questions about ZIP 94965 rents

How much will Section 8 pay for a two-bedroom in ZIP 94965?

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 $4,140 it would be $3,726 to $4,554. 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 94965 in?

ZIP 94965 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 94965 for FY 2027?

The two-bedroom FMR rose 4.8%, from $3,950 in FY 2026 to $4,140 in FY 2027. Since FY 2023 it has risen 23.2%.

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