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San Benito County/Hollister/95023

95023

ZIPSAFMR
San Benito County, CA
Zillow

ZIP Investment Score

53Below average

095130300
BRFMR
Eff. Rent
0 BR$2,280$2,050
1 BR$2,300$2,060
2 BR$3,010$2,590
3 BR$4,160$3,110
4 BR$4,560$3,690
5 BR$5,244Not available
6 BR$6,031Not available
7 BR$6,935Not available
8 BR$7,975Not available

Purchase Price Calculator

Maximum purchase price
$322,956

Cost breakdown

+Likely effective rent$2,590
HUD FMR$3,010
Market rentUsed$2,590
Est. payment standard (91%)$2,740
-Principal and interest-$1,633
Loan amount$258,365
Down payment$64,591
Rate6.50%
Term30 years
-Operating costs-$757
Property taxes-$323
Insurance-$175
Utilities$0
HOA$0
Management-$259
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$41,289(63.9% ROI)
Projected value
$347,789
Return breakdown
Property appreciation+$24,832
Loan principal paid down+$9,257
Rental cash flow+$7,200
5-year hold
+$70,946(109.8% ROI)
Projected value
$365,396
Return breakdown
Property appreciation+$42,439
Loan principal paid down+$16,507
Rental cash flow+$12,000
10-year hold
+$153,788(238.1% ROI)
Projected value
$413,412
Return breakdown
Property appreciation+$90,455
Loan principal paid down+$39,333
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.11
1 BR
1.12
2 BR
1.16
3 BR
1.34
4 BR
1.24
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 95023 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 95023 (Hollister, CA) is $3,010 a month. That is up 6.4% from $2,830 in FY 2026. Hollister is in the San Benito County, 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 $3,004. Among 5 ZIP codes in San Benito County, 95023 has the 3rd-highest two-bedroom rent (county range $2,620–$3,920). The median county two-bedroom FMR in California is $1,725, so ZIP 95023 is 74% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 95023
BedroomsFY 2027Change90–110% range
Studio$2,280+6.0%$2,052–$2,508
1BR$2,300+5.0%$2,070–$2,530
2BR$3,010+6.4%$2,709–$3,311
3BR$4,160+8.3%$3,744–$4,576
4BR$4,560+11.8%$4,104–$5,016

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 95023
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,280$2,300$3,010$4,160$4,560
FY 2026$2,150$2,190$2,830$3,840$4,080
FY 2025$2,150$2,430$2,820$3,610$3,990
FY 2024$2,010$2,270$2,650$3,380$3,790
FY 2023$1,940$2,180$2,590$3,320$3,800

Two-bedroom rent in nearby San Benito County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 95023
95023Current$3,010—
95024$3,000−0.3%
95043$2,620−13.0%
95045$3,230+7.3%
95075$3,920+30.2%

Questions about ZIP 95023 rents

How much will Section 8 pay for a two-bedroom in ZIP 95023?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $3,004, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,704 to $3,304 a month; under the ZIP-level Small Area FMR of $3,010 it would be $2,709 to $3,311. 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 95023 in?

ZIP 95023 is in the San Benito County, CA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $3,004.

How much did fair market rent change in ZIP 95023 for FY 2027?

The two-bedroom FMR rose 6.4%, from $2,830 in FY 2026 to $3,010 in FY 2027. Since FY 2023 it has risen 16.2%.

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

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