95012
ZIPSAFMR
Monterey County, CA
BRFMR
Eff. Rent
0 BR$2,180$2,180
1 BR$2,240$2,240
2 BR$2,690$2,690
3 BR$3,630$3,110
4 BR$3,950$3,000
5 BR$4,543
6 BR$5,224
7 BR$6,007
8 BR$6,909

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio
0.94ratio
FMR$2,180
Market$2,330
vs market-$150

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.94
1 BR
1 BR
0.94ratio
FMR$2,240
Market$2,380
vs market-$140

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.94
2 BR
2 BR
0.95ratio
FMR$2,690
Market$2,830
vs market-$140

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.95
3 BR
3 BR
1.17ratio
FMR$3,630
Market$3,110
vs market+$520

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.17
4 BR
4 BR
1.32ratio
FMR$3,950
Market$3,000
vs market+$950

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.32
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit sizes.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$337,816
Rent
$2,690
Down payment
$67,563
Loan
$270,253
Mortgage
$1,708
Expenses
$782
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 95012 (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.