95032
ZIPSAFMR
Santa Clara County, CA
BRFMR
Eff. Rent
0 BR$2,840$2,400
1 BR$3,230$2,890
2 BR$3,770$3,630
3 BR$4,980$4,950
4 BR$5,420$5,420
5 BR$6,233
6 BR$7,168
7 BR$8,243
8 BR$9,480

Market Alignment

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

Studio
Studio
1.18ratio
FMR$2,840
Market$2,400
vs market+$440

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

1.18
1 BR
1 BR
1.12ratio
FMR$3,230
Market$2,890
vs market+$340

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

1.12
2 BR
2 BR
1.04ratio
FMR$3,770
Market$3,630
vs market+$140

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

1.04
3 BR
3 BR
1.01ratio
FMR$4,980
Market$4,950
vs market+$30

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

1.01
4 BR
4 BR
0.88ratio
FMR$5,420
Market$6,160
vs market-$740

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.88
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$498,304
Rent
$3,770
Down payment
$99,661
Loan
$398,643
Mortgage
$2,520
Expenses
$1,050
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 95032 (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.