95106
ZIPSAFMR
Santa Clara County, CA
BRFMR
Eff. Rent
0 BR$2,620$2,580
1 BR$2,980$2,830
2 BR$3,480$3,110
3 BR$4,600$4,130
4 BR$5,010$4,670
5 BR$5,762
6 BR$6,626
7 BR$7,620
8 BR$8,763

Purchase Price Calculator

Maximum purchase price
$400,228

Cost breakdown

+Likely effective rent$3,110
HUD FMR$3,480
Market rentUsed$3,110
Est. payment standard (93%)$3,240
Market rent is below the inferred standard ($3,240, 93% of FMR).
-Principal and interest-$2,024
Loan amount$320,183
Down payment$80,046
Rate6.50%
Term30 years
-Operating costs-$886
Property taxes-$400
Insurance-$175
Utilities$0
HOA$0
Management-$311
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$49,445(61.8% ROI)
Projected value
$431,002
Current value$400,228
Return breakdown
Property appreciation+$30,774
Loan principal paid down+$11,471
Rental cash flow+$7,200
5-year hold
+$85,050(106.3% ROI)
Projected value
$452,822
Current value$400,228
Return breakdown
Property appreciation+$52,593
Loan principal paid down+$20,457
Rental cash flow+$12,000
10-year hold
+$184,842(230.9% ROI)
Projected value
$512,326
Current value$400,228
Return breakdown
Property appreciation+$112,098
Loan principal paid down+$48,744
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
1.02ratio
FMR$2,620
Market$2,580
vs market+$40

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

90% standard$2,358 / 0.91 ratio110% standard$2,882 / 1.12 ratio
1.02
1 BR
1 BR
1.05ratio
FMR$2,980
Market$2,830
vs market+$150

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

90% standard$2,682 / 0.95 ratio110% standard$3,278 / 1.16 ratio
1.05
2 BR
2 BR
1.12ratio
FMR$3,480
Market$3,110
vs market+$370

FMR is above market; underwrite to market rent.

90% standard$3,132 / 1.01 ratio110% standard$3,828 / 1.23 ratio
1.12
3 BR
3 BR
1.11ratio
FMR$4,600
Market$4,130
vs market+$470

FMR is above market; underwrite to market rent.

90% standard$4,140 / 1.00 ratio110% standard$5,060 / 1.23 ratio
1.11
4 BR
4 BR
1.07ratio
FMR$5,010
Market$4,670
vs market+$340

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

90% standard$4,509 / 0.97 ratio110% standard$5,511 / 1.18 ratio
1.07
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 95106 (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.

95106 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 95106 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $3,480 and the 4 bedroom fair market rent is $5,010.

Use this page for searches like 95106 FMR, 95106 fair market rent, and 95106 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 95106
Bedroom sizeHUD FMR
Studio$2,620
1 bedroom$2,980
2 bedroom$3,480
3 bedroom$4,600
4 bedroom$5,010