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Santa Clara County/CUPERTINO/95014

95014

ZIPSAFMR
Santa Clara County, CA
Zillow
BRFMR
Eff. Rent
0 BR$3,340▼$2,510
1 BR$3,800▼$2,750
2 BR$4,440▼$3,860
3 BR$5,870▲$5,130
4 BR$6,390▲$6,570
5 BR$7,348▲—
6 BR$8,451▲—
7 BR$9,718▲—
8 BR$11,176▲—

Purchase Price Calculator

Maximum purchase price
$511,678

Cost breakdown

+Likely effective rent$3,860
HUD FMR$4,440
Market rentUsed$3,860
Est. payment standard (92%)$4,060
Market rent is below the inferred standard ($4,060, 92% of FMR).
-Principal and interest-$2,587
Loan amount$409,342
Down payment$102,336
Rate6.50%
Term30 years
-Operating costs-$1,073
Property taxes-$512
Insurance-$175
Utilities$0
HOA$0
Management-$386
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$61,209(59.8% ROI)
Projected value
$551,021
Current value$511,678
Return breakdown
Property appreciation+$39,343
Loan principal paid down+$14,666
Rental cash flow+$7,200
5-year hold
+$105,392(103.0% ROI)
Projected value
$578,917
Current value$511,678
Return breakdown
Property appreciation+$67,239
Loan principal paid down+$26,153
Rental cash flow+$12,000
10-year hold
+$229,631(224.4% ROI)
Projected value
$654,991
Current value$511,678
Return breakdown
Property appreciation+$143,313
Loan principal paid down+$62,318
Rental cash flow+$24,000

Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
1.33ratio
FMR$3,340
Market$2,510
vs market+$830

FMR is above market; underwrite to market rent.

90% standard$3,006 / 1.20 ratio110% standard$3,674 / 1.46 ratio
1.33
1 BR
1 BR
1.38ratio
FMR$3,800
Market$2,750
vs market+$1,050

FMR is above market; underwrite to market rent.

90% standard$3,420 / 1.24 ratio110% standard$4,180 / 1.52 ratio
1.38
2 BR
2 BR
1.15ratio
FMR$4,440
Market$3,860
vs market+$580

FMR is above market; underwrite to market rent.

90% standard$3,996 / 1.04 ratio110% standard$4,884 / 1.27 ratio
1.15
3 BR
3 BR
1.14ratio
FMR$5,870
Market$5,130
vs market+$740

FMR is above market; underwrite to market rent.

90% standard$5,283 / 1.03 ratio110% standard$6,457 / 1.26 ratio
1.14
4 BR
4 BR
0.96ratio
FMR$6,390
Market$6,670
vs market-$280

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

90% standard$5,751 / 0.86 ratio110% standard$7,029 / 1.05 ratio
0.96
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 95014 (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.

What is FMR?What is SAFMR?Data sourcesIncomplete geosView county page

95014 fair market rent benchmarks

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 95014 shows monthly rent benchmarks by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $4,440 and the 4 bedroom fair market rent is $6,390.

Use these values to compare bedroom-size rent benchmarks and screen a property's rent assumptions. Local housing authorities set voucher payment standards, which may be above or below published HUD FMR, so confirm the applicable authority and current schedule before underwriting a property. Read the FMR and payment-standard guide for the full verification workflow.

FY 2026 Fair Market Rent by bedroom size for 95014
Bedroom sizeHUD FMR
Studio$3,340
1 bedroom$3,800
2 bedroom$4,440
3 bedroom$5,870
4 bedroom$6,390
Santa Clara County fair market rentCUPERTINO, CA fair market rent