95129
ZIPSAFMR
Santa Clara County, CA
BRFMR
Eff. Rent
0 BR$2,690$2,260
1 BR$3,070$2,740
2 BR$3,580$3,490
3 BR$4,730$4,760
4 BR$5,150$5,510
5 BR$5,922
6 BR$6,811
7 BR$7,833
8 BR$9,007

Purchase Price Calculator

Maximum purchase price
$456,696

Cost breakdown

+Likely effective rent$3,490
HUD FMR$3,580
Market rentUsed$3,490
Est. payment standard (98%)$3,520
Market rent is below the inferred standard ($3,520, 98% of FMR).
-Principal and interest-$2,309
Loan amount$365,357
Down payment$91,339
Rate6.50%
Term30 years
-Operating costs-$981
Property taxes-$457
Insurance-$175
Utilities$0
HOA$0
Management-$349
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$55,405(60.7% ROI)
Projected value
$491,812
Current value$456,696
Return breakdown
Property appreciation+$35,116
Loan principal paid down+$13,090
Rental cash flow+$7,200
5-year hold
+$95,356(104.4% ROI)
Projected value
$516,710
Current value$456,696
Return breakdown
Property appreciation+$60,014
Loan principal paid down+$23,343
Rental cash flow+$12,000
10-year hold
+$207,535(227.2% ROI)
Projected value
$584,610
Current value$456,696
Return breakdown
Property appreciation+$127,914
Loan principal paid down+$55,621
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
1.19ratio
FMR$2,690
Market$2,260
vs market+$430

FMR is above market; underwrite to market rent.

90% standard$2,421 / 1.07 ratio110% standard$2,959 / 1.31 ratio
1.19
1 BR
1 BR
1.12ratio
FMR$3,070
Market$2,740
vs market+$330

FMR is above market; underwrite to market rent.

90% standard$2,763 / 1.01 ratio110% standard$3,377 / 1.23 ratio
1.12
2 BR
2 BR
1.03ratio
FMR$3,580
Market$3,490
vs market+$90

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

90% standard$3,222 / 0.92 ratio110% standard$3,938 / 1.13 ratio
1.03
3 BR
3 BR
0.99ratio
FMR$4,730
Market$4,770
vs market-$40

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

90% standard$4,257 / 0.89 ratio110% standard$5,203 / 1.09 ratio
0.99
4 BR
4 BR
0.90ratio
FMR$5,150
Market$5,700
vs market-$550

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

90% standard$4,635 / 0.81 ratio110% standard$5,665 / 0.99 ratio
0.90
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 95129 (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.

95129 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 95129 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $3,580 and the 4 bedroom fair market rent is $5,150.

Use this page for searches like 95129 FMR, 95129 fair market rent, and 95129 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 95129
Bedroom sizeHUD FMR
Studio$2,690
1 bedroom$3,070
2 bedroom$3,580
3 bedroom$4,730
4 bedroom$5,150