95009
ZIPSAFMR
Santa Clara County, CA
BRFMR
Eff. Rent
0 BR$2,620$2,120
1 BR$2,980$2,320
2 BR$3,480$3,180
3 BR$4,600$4,500
4 BR$5,010$5,280
5 BR$5,762
6 BR$6,626
7 BR$7,620
8 BR$8,763

Purchase Price Calculator

Maximum purchase price
$410,630

Cost breakdown

+Likely effective rent$3,180
HUD FMR$3,480
Market rentUsed$3,180
Est. payment standard (94%)$3,290
Market rent is below the inferred standard ($3,290, 94% of FMR).
-Principal and interest-$2,076
Loan amount$328,504
Down payment$82,126
Rate6.50%
Term30 years
-Operating costs-$904
Property taxes-$411
Insurance-$175
Utilities$0
HOA$0
Management-$318
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$50,543(61.5% ROI)
Projected value
$442,204
Current value$410,630
Return breakdown
Property appreciation+$31,574
Loan principal paid down+$11,770
Rental cash flow+$7,200
5-year hold
+$86,948(105.9% ROI)
Projected value
$464,590
Current value$410,630
Return breakdown
Property appreciation+$53,960
Loan principal paid down+$20,988
Rental cash flow+$12,000
10-year hold
+$189,022(230.2% ROI)
Projected value
$525,641
Current value$410,630
Return breakdown
Property appreciation+$115,011
Loan principal paid down+$50,011
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
1.24ratio
FMR$2,620
Market$2,120
vs market+$500

FMR is above market; underwrite to market rent.

90% standard$2,358 / 1.11 ratio110% standard$2,882 / 1.36 ratio
1.24
1 BR
1 BR
1.28ratio
FMR$2,980
Market$2,320
vs market+$660

FMR is above market; underwrite to market rent.

90% standard$2,682 / 1.16 ratio110% standard$3,278 / 1.41 ratio
1.28
2 BR
2 BR
1.09ratio
FMR$3,480
Market$3,180
vs market+$300

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

90% standard$3,132 / 0.98 ratio110% standard$3,828 / 1.20 ratio
1.09
3 BR
3 BR
1.02ratio
FMR$4,600
Market$4,500
vs market+$100

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

90% standard$4,140 / 0.92 ratio110% standard$5,060 / 1.12 ratio
1.02
4 BR
4 BR
0.92ratio
FMR$5,010
Market$5,430
vs market-$420

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

90% standard$4,509 / 0.83 ratio110% standard$5,511 / 1.01 ratio
0.92
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 95009 (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.

95009 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 95009 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $3,480 and the 4 bedroom fair market rent is $5,010.

Use this page for searches like 95009 FMR, 95009 fair market rent, and 95009 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 95009
Bedroom sizeHUD FMR
Studio$2,620
1 bedroom$2,980
2 bedroom$3,480
3 bedroom$4,600
4 bedroom$5,010