95066
ZIPSAFMR
Santa Cruz County, CA
BRFMR
Eff. Rent
0 BR$3,430$2,400
1 BR$3,560$2,740
2 BR$4,550$3,810
3 BR$5,810$4,410
4 BR$6,110$5,550
5 BR$7,026
6 BR$8,080
7 BR$9,293
8 BR$10,686

Purchase Price Calculator

Maximum purchase price
$504,248

Cost breakdown

+Likely effective rent$3,810
HUD FMR$4,550
Market rentUsed$3,810
Est. payment standard (90%)$4,100
Market rent is below the inferred standard ($4,100, 90% of FMR).
-Principal and interest-$2,550
Loan amount$403,398
Down payment$100,850
Rate6.50%
Term30 years
-Operating costs-$1,060
Property taxes-$504
Insurance-$175
Utilities$0
HOA$0
Management-$381
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$60,425(59.9% ROI)
Projected value
$543,020
Current value$504,248
Return breakdown
Property appreciation+$38,772
Loan principal paid down+$14,453
Rental cash flow+$7,200
5-year hold
+$104,036(103.2% ROI)
Projected value
$570,510
Current value$504,248
Return breakdown
Property appreciation+$66,262
Loan principal paid down+$25,773
Rental cash flow+$12,000
10-year hold
+$226,645(224.7% ROI)
Projected value
$645,480
Current value$504,248
Return breakdown
Property appreciation+$141,232
Loan principal paid down+$61,413
Rental cash flow+$24,000

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Market Alignment

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

Studio
Studio
1.43ratio
FMR$3,430
Market$2,400
vs market+$1,030

FMR is above market; underwrite to market rent.

90% standard$3,087 / 1.29 ratio110% standard$3,773 / 1.57 ratio
1.43
1 BR
1 BR
1.30ratio
FMR$3,560
Market$2,740
vs market+$820

FMR is above market; underwrite to market rent.

90% standard$3,204 / 1.17 ratio110% standard$3,916 / 1.43 ratio
1.30
2 BR
2 BR
1.19ratio
FMR$4,550
Market$3,810
vs market+$740

FMR is above market; underwrite to market rent.

90% standard$4,095 / 1.07 ratio110% standard$5,005 / 1.31 ratio
1.19
3 BR
3 BR
1.32ratio
FMR$5,810
Market$4,410
vs market+$1,400

FMR is above market; underwrite to market rent.

90% standard$5,229 / 1.19 ratio110% standard$6,391 / 1.45 ratio
1.32
4 BR
4 BR
1.10ratio
FMR$6,110
Market$5,550
vs market+$560

FMR is above market; underwrite to market rent.

90% standard$5,499 / 0.99 ratio110% standard$6,721 / 1.21 ratio
1.10
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents across all bedroom 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 95066 (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.

95066 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 95066 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $4,550 and the 4 bedroom fair market rent is $6,110.

Use this page for searches like 95066 FMR, 95066 fair market rent, and 95066 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 95066
Bedroom sizeHUD FMR
Studio$3,430
1 bedroom$3,560
2 bedroom$4,550
3 bedroom$5,810
4 bedroom$6,110