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95112

ZIPSAFMR
Santa Clara County, CA
BRFMR
Eff. Rent
0 BR$2,300$1,940
1 BR$2,620$2,040
2 BR$3,060$3,330
3 BR$4,040$3,940
4 BR$4,400$4,630
5 BR$5,060
6 BR$5,819
7 BR$6,692
8 BR$7,696

Purchase Price Calculator

Maximum purchase price
$432,920

Cost breakdown

+Likely effective rent$3,330
HUD FMR$3,060
Market rent$3,470
Est. payment standard (109%)Used$3,330
Estimated payment standard is $3,330 (109% of FMR).
-Principal and interest-$2,189
Loan amount$346,336
Down payment$86,584
Rate6.50%
Term30 years
-Operating costs-$941
Property taxes-$433
Insurance-$175
Utilities$0
HOA$0
Management-$333
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$52,896(61.1% ROI)
Projected value
$466,208
Current value$432,920
Return breakdown
Property appreciation+$33,288
Loan principal paid down+$12,408
Rental cash flow+$7,200
5-year hold
+$91,017(105.1% ROI)
Projected value
$489,809
Current value$432,920
Return breakdown
Property appreciation+$56,889
Loan principal paid down+$22,127
Rental cash flow+$12,000
10-year hold
+$197,980(228.7% ROI)
Projected value
$554,174
Current value$432,920
Return breakdown
Property appreciation+$121,254
Loan principal paid down+$52,726
Rental cash flow+$24,000

Market Alignment

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

Studio
Studio
1.19ratio
FMR$2,300
Market$1,940
vs market+$360

FMR is above market; underwrite to market rent.

90% standard$2,070 / 1.07 ratio110% standard$2,530 / 1.30 ratio
1.19
1 BR
1 BR
1.28ratio
FMR$2,620
Market$2,040
vs market+$580

FMR is above market; underwrite to market rent.

90% standard$2,358 / 1.16 ratio110% standard$2,882 / 1.41 ratio
1.28
2 BR
2 BR
0.88ratio
FMR$3,060
Market$3,470
vs market-$410

FMR is below market; voucher rent may lag private rents.

90% standard$2,754 / 0.79 ratio110% standard$3,366 / 0.97 ratio
0.88
3 BR
3 BR
1.03ratio
FMR$4,040
Market$3,940
vs market+$100

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

90% standard$3,636 / 0.92 ratio110% standard$4,444 / 1.13 ratio
1.03
4 BR
4 BR
0.93ratio
FMR$4,400
Market$4,750
vs market-$350

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

90% standard$3,960 / 0.83 ratio110% standard$4,840 / 1.02 ratio
0.93
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

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 95112 (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.

95112 fair market rent benchmarks

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 95112 shows monthly rent benchmarks by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $3,060 and the 4 bedroom fair market rent is $4,400.

Use these values to compare bedroom-size rent benchmarks and screen a property's rent assumptions. Local housing authorities set voucher payment standards, which may be above or below published HUD FMR, so confirm the applicable authority and current schedule before underwriting a property. Read the FMR and payment-standard guide for the full verification workflow.

FY 2026 Fair Market Rent by bedroom size for 95112
Bedroom sizeHUD FMR
Studio$2,300
1 bedroom$2,620
2 bedroom$3,060
3 bedroom$4,040
4 bedroom$4,400