95118
ZIPSAFMR
Santa Clara County, CA
BRFMR
Eff. Rent
0 BR$2,360$2,210
1 BR$2,680$2,660
2 BR$3,130$3,140
3 BR$4,140$4,290
4 BR$4,500$4,950
5 BR$5,175
6 BR$5,951
7 BR$6,844
8 BR$7,871

Purchase Price Calculator

Maximum purchase price
$404,686

Cost breakdown

+Likely effective rent$3,140
HUD FMR$3,130
Market rent$3,150
Est. payment standard (100%)Used$3,140
Estimated payment standard is $3,140 (100% of FMR).
-Principal and interest-$2,046
Loan amount$323,749
Down payment$80,937
Rate6.50%
Term30 years
-Operating costs-$894
Property taxes-$405
Insurance-$175
Utilities$0
HOA$0
Management-$314
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$49,916(61.7% ROI)
Projected value
$435,803
Current value$404,686
Return breakdown
Property appreciation+$31,117
Loan principal paid down+$11,599
Rental cash flow+$7,200
5-year hold
+$85,863(106.1% ROI)
Projected value
$457,865
Current value$404,686
Return breakdown
Property appreciation+$53,179
Loan principal paid down+$20,684
Rental cash flow+$12,000
10-year hold
+$186,633(230.6% ROI)
Projected value
$518,033
Current value$404,686
Return breakdown
Property appreciation+$113,346
Loan principal paid down+$49,287
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
1.07ratio
FMR$2,360
Market$2,210
vs market+$150

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

90% standard$2,124 / 0.96 ratio110% standard$2,596 / 1.17 ratio
1.07
1 BR
1 BR
1.01ratio
FMR$2,680
Market$2,660
vs market+$20

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

90% standard$2,412 / 0.91 ratio110% standard$2,948 / 1.11 ratio
1.01
2 BR
2 BR
0.99ratio
FMR$3,130
Market$3,150
vs market-$20

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

90% standard$2,817 / 0.89 ratio110% standard$3,443 / 1.09 ratio
0.99
3 BR
3 BR
0.95ratio
FMR$4,140
Market$4,370
vs market-$230

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

90% standard$3,726 / 0.85 ratio110% standard$4,554 / 1.04 ratio
0.95
4 BR
4 BR
0.80ratio
FMR$4,500
Market$5,600
vs market-$1,100

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

90% standard$4,050 / 0.72 ratio110% standard$4,950 / 0.88 ratio
0.80
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller 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 95118 (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.

95118 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 95118 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $3,130 and the 4 bedroom fair market rent is $4,500.

Use this page for searches like 95118 FMR, 95118 fair market rent, and 95118 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 95118
Bedroom sizeHUD FMR
Studio$2,360
1 bedroom$2,680
2 bedroom$3,130
3 bedroom$4,140
4 bedroom$4,500