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$4,730
4 BR$5,150$5,150
5 BR$5,922
6 BR$6,811
7 BR$7,833
8 BR$9,007

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio
1.19ratio
FMR$2,690
Market$2,260
vs market+$430

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.19
1 BR
1 BR
1.12ratio
FMR$3,070
Market$2,740
vs market+$330

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.12
2 BR
2 BR
1.03ratio
FMR$3,580
Market$3,490
vs market+$90

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1.03
3 BR
3 BR
0.99ratio
FMR$4,730
Market$4,770
vs market-$40

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.99
4 BR
4 BR
0.90ratio
FMR$5,150
Market$5,700
vs market-$550

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.90
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit sizes.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$470,070
Rent
$3,580
Down payment
$94,014
Loan
$376,056
Mortgage
$2,377
Expenses
$1,003
Market inputs
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.