95134
ZIPSAFMR
Santa Clara County, CA
BRFMR
Eff. Rent
0 BR$3,570$2,520
1 BR$4,060$3,070
2 BR$4,740$3,710
3 BR$6,260$4,350
4 BR$6,820$4,460
5 BR$7,843
6 BR$9,019
7 BR$10,372
8 BR$11,928

Purchase Price Calculator

Maximum purchase price
$489,388

Cost breakdown

+Likely effective rent$3,710
HUD FMR$4,740
Market rentUsed$3,710
Est. payment standard (90%)$4,270
Market rent is below the inferred standard ($4,270, 90% of FMR).
-Principal and interest-$2,475
Loan amount$391,510
Down payment$97,878
Rate6.50%
Term30 years
-Operating costs-$1,035
Property taxes-$489
Insurance-$175
Utilities$0
HOA$0
Management-$371
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$58,856(60.1% ROI)
Projected value
$527,017
Current value$489,388
Return breakdown
Property appreciation+$37,629
Loan principal paid down+$14,027
Rental cash flow+$7,200
5-year hold
+$101,323(103.5% ROI)
Projected value
$553,698
Current value$489,388
Return breakdown
Property appreciation+$64,310
Loan principal paid down+$25,014
Rental cash flow+$12,000
10-year hold
+$220,673(225.5% ROI)
Projected value
$626,458
Current value$489,388
Return breakdown
Property appreciation+$137,070
Loan principal paid down+$59,603
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
1.42ratio
FMR$3,570
Market$2,520
vs market+$1,050

FMR is above market; underwrite to market rent.

90% standard$3,213 / 1.28 ratio110% standard$3,927 / 1.56 ratio
1.42
1 BR
1 BR
1.32ratio
FMR$4,060
Market$3,070
vs market+$990

FMR is above market; underwrite to market rent.

90% standard$3,654 / 1.19 ratio110% standard$4,466 / 1.45 ratio
1.32
2 BR
2 BR
1.28ratio
FMR$4,740
Market$3,710
vs market+$1,030

FMR is above market; underwrite to market rent.

90% standard$4,266 / 1.15 ratio110% standard$5,214 / 1.41 ratio
1.28
3 BR
3 BR
1.44ratio
FMR$6,260
Market$4,350
vs market+$1,910

FMR is above market; underwrite to market rent.

90% standard$5,634 / 1.30 ratio110% standard$6,886 / 1.58 ratio
1.44
4 BR
4 BR
1.53ratio
FMR$6,820
Market$4,460
vs market+$2,360

FMR is above market; underwrite to market rent.

90% standard$6,138 / 1.38 ratio110% standard$7,502 / 1.68 ratio
1.53
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents across all bedroom 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 95134 (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.

95134 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 95134 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $4,740 and the 4 bedroom fair market rent is $6,820.

Use this page for searches like 95134 FMR, 95134 fair market rent, and 95134 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 95134
Bedroom sizeHUD FMR
Studio$3,570
1 bedroom$4,060
2 bedroom$4,740
3 bedroom$6,260
4 bedroom$6,820