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Santa Clara County/Saratoga/95070

95070

ZIPSAFMR
Santa Clara County, CA
Zillow

ZIP Investment Score

24Below average

095130300
BRFMR
Eff. Rent
0 BR$2,850$2,570
1 BR$3,170$2,980
2 BR$3,780$4,070
3 BR$5,040$5,090
4 BR$5,350$5,890
5 BR$6,152Not available
6 BR$7,075Not available
7 BR$8,137Not available
8 BR$9,357Not available

Purchase Price Calculator

Maximum purchase price
$542,884

Cost breakdown

+Likely effective rent$4,070
HUD FMR$3,780
Market rent$4,220
Est. payment standard (108%)Used$4,070
-Principal and interest-$2,745
Loan amount$434,307
Down payment$108,577
Rate6.50%
Term30 years
-Operating costs-$1,125
Property taxes-$543
Insurance-$175
Utilities$0
HOA$0
Management-$407
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$64,503(59.4% ROI)
Projected value
$584,627
Return breakdown
Property appreciation+$41,743
Loan principal paid down+$15,560
Rental cash flow+$7,200
5-year hold
+$111,087(102.3% ROI)
Projected value
$614,223
Return breakdown
Property appreciation+$71,339
Loan principal paid down+$27,748
Rental cash flow+$12,000
10-year hold
+$242,172(223.0% ROI)
Projected value
$694,937
Return breakdown
Property appreciation+$152,053
Loan principal paid down+$66,118
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.11
1 BR
1.06
2 BR
0.90
3 BR
0.99
4 BR
0.78
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 95070 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 95070 (Saratoga, CA) is $3,780 a month. That is down 4.1% from $3,940 in FY 2026. Saratoga is in the San Jose-Sunnyvale-Santa Clara, CA HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 101 ZIP codes in Santa Clara County, 95070 has the 12th-highest two-bedroom rent (county range $2,290–$4,480). The median county two-bedroom FMR in California is $1,725, so ZIP 95070 is 119% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 95070
BedroomsFY 2027Change90–110% range
Studio$2,850−3.7%$2,565–$3,135
1BR$3,170−4.2%$2,853–$3,487
2BR$3,780−4.1%$3,402–$4,158
3BR$5,040−2.5%$4,536–$5,544
4BR$5,350−4.3%$4,815–$5,885

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 95070
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,850$3,170$3,780$5,040$5,350
FY 2026$2,960$3,310$3,940$5,170$5,590
FY 2025$2,910$3,270$3,880$5,000$5,430
FY 2024$2,960$3,340$3,910$4,980$5,580
FY 2023$3,280$3,710$4,340$5,530$6,200

Two-bedroom rent in nearby Santa Clara County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 95070
95044$3,270−13.5%
95046$2,800−25.9%
95050$3,190−15.6%
95051$3,690−2.4%
95052$3,270−13.5%
95053$3,190−15.6%
95054$4,230+11.9%
95055$3,270−13.5%
95056$3,270−13.5%
95070Current$3,780—
95071$3,270−13.5%
95101$3,270−13.5%

Questions about ZIP 95070 rents

How much will Section 8 pay for a two-bedroom in ZIP 95070?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $3,780, that basic range is $3,402 to $4,158 a month. 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 95070 in?

ZIP 95070 is in the San Jose-Sunnyvale-Santa Clara, CA HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in ZIP 95070 for FY 2027?

The two-bedroom FMR fell 4.1%, from $3,940 in FY 2026 to $3,780 in FY 2027. Since FY 2023 it has fallen 12.9%.

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