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Santa Cruz County/Capitola/95010

95010

ZIPSAFMR
Santa Cruz County, CA
Zillow

ZIP Investment Score

45Below average

095130300
BRFMR
Eff. Rent
0 BR$3,400$2,820
1 BR$3,570$3,260
2 BR$4,480$3,740
3 BR$5,830$4,460
4 BR$6,050$5,590
5 BR$6,957Not available
6 BR$8,001Not available
7 BR$9,201Not available
8 BR$10,581Not available

Purchase Price Calculator

Maximum purchase price
$493,846

Cost breakdown

+Likely effective rent$3,740
HUD FMR$4,480
Market rentUsed$3,740
Est. payment standard (90%)$4,030
-Principal and interest-$2,497
Loan amount$395,077
Down payment$98,769
Rate6.50%
Term30 years
-Operating costs-$1,043
Property taxes-$494
Insurance-$175
Utilities$0
HOA$0
Management-$374
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$59,327(60.1% ROI)
Projected value
$531,818
Return breakdown
Property appreciation+$37,972
Loan principal paid down+$14,155
Rental cash flow+$7,200
5-year hold
+$102,137(103.4% ROI)
Projected value
$558,741
Return breakdown
Property appreciation+$64,895
Loan principal paid down+$25,242
Rental cash flow+$12,000
10-year hold
+$222,465(225.2% ROI)
Projected value
$632,165
Return breakdown
Property appreciation+$138,319
Loan principal paid down+$60,146
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.21
1 BR
1.10
2 BR
1.20
3 BR
1.31
4 BR
1.08
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 95010 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 95010 (Capitola, CA) is $4,480 a month. That is up 2.8% from $4,360 in FY 2026. Capitola is in the Santa Cruz-Watsonville, 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 $4,254. Among 21 ZIP codes in Santa Cruz County, 95010 has the 7th-highest two-bedroom rent (county range $3,300–$5,260). The median county two-bedroom FMR in California is $1,725, so ZIP 95010 is 160% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 95010
BedroomsFY 2027Change90–110% range
Studio$3,400+3.3%$3,060–$3,740
1BR$3,570+4.7%$3,213–$3,927
2BR$4,480+2.8%$4,032–$4,928
3BR$5,830+4.9%$5,247–$6,413
4BR$6,050+3.4%$5,445–$6,655

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 95010
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$3,400$3,570$4,480$5,830$6,050
FY 2026$3,290$3,410$4,360$5,560$5,850
FY 2025$3,100$3,270$4,290$5,340$5,690
FY 2024$2,900$3,140$4,120$5,080$5,590
FY 2023$2,260$2,550$3,360$4,160$4,660

Two-bedroom rent in nearby Santa Cruz County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 95010
95001$4,250−5.1%
95003$4,920+9.8%
95005$4,450−0.7%
95006$3,980−11.2%
95007$3,940−12.1%
95010Current$4,480—
95017$4,700+4.9%
95018$4,310−3.8%
95019$3,800−15.2%
95041$4,070−9.2%
95060$5,260+17.4%
95061$4,250−5.1%

Questions about ZIP 95010 rents

How much will Section 8 pay for a two-bedroom in ZIP 95010?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $4,254, which applies unless the housing authority uses Small Area FMRs, that basic range is $3,829 to $4,679 a month; under the ZIP-level Small Area FMR of $4,480 it would be $4,032 to $4,928. 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 95010 in?

ZIP 95010 is in the Santa Cruz-Watsonville, CA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $4,254.

How much did fair market rent change in ZIP 95010 for FY 2027?

The two-bedroom FMR rose 2.8%, from $4,360 in FY 2026 to $4,480 in FY 2027. Since FY 2023 it has risen 33.3%.

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

County fair market rentCapitola, CA fair market rentCA statewide rentsWhat is SAFMR?Data sources