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Santa Clara County/San Jose/95139

95139

ZIPSAFMR
Santa Clara County, CA
Zillow

ZIP Investment Score

55Below average

095130300
BRFMR
Eff. Rent
0 BR$2,910$2,250
1 BR$3,310$2,470
2 BR$3,870$3,190
3 BR$5,110$4,250
4 BR$5,560$4,760
5 BR$6,394Not available
6 BR$7,353Not available
7 BR$8,456Not available
8 BR$9,724Not available

Purchase Price Calculator

Maximum purchase price
$412,116

Cost breakdown

+Likely effective rent$3,190
HUD FMR$3,870
Market rentUsed$3,190
Est. payment standard (90%)$3,480
-Principal and interest-$2,084
Loan amount$329,693
Down payment$82,423
Rate6.50%
Term30 years
-Operating costs-$906
Property taxes-$412
Insurance-$175
Utilities$0
HOA$0
Management-$319
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$50,700(61.5% ROI)
Projected value
$443,804
Return breakdown
Property appreciation+$31,688
Loan principal paid down+$11,812
Rental cash flow+$7,200
5-year hold
+$87,220(105.8% ROI)
Projected value
$466,272
Return breakdown
Property appreciation+$54,155
Loan principal paid down+$21,064
Rental cash flow+$12,000
10-year hold
+$189,619(230.1% ROI)
Projected value
$527,544
Return breakdown
Property appreciation+$115,427
Loan principal paid down+$50,192
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.29
1 BR
1.34
2 BR
1.21
3 BR
1.20
4 BR
1.17
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 95139 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 95139 (San Jose, CA) is $3,870 a month. That is down 9.8% from $4,290 in FY 2026. San Jose is in the San Jose-Sunnyvale-Santa Clara, CA HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 101 ZIP codes in Santa Clara County, 95139 has the 10th-highest two-bedroom rent (county range $2,290–$4,480). The median county two-bedroom FMR in California is $1,725, so ZIP 95139 is 124% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 95139
BedroomsFY 2027Change90–110% range
Studio$2,910−9.9%$2,619–$3,201
1BR$3,310−9.8%$2,979–$3,641
2BR$3,870−9.8%$3,483–$4,257
3BR$5,110−9.9%$4,599–$5,621
4BR$5,560−9.9%$5,004–$6,116

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 95139
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,910$3,310$3,870$5,110$5,560
FY 2026$3,230$3,670$4,290$5,670$6,170
FY 2025$3,180$3,630$4,200$5,460$5,940
FY 2024$2,870$3,240$3,770$4,830$5,330
FY 2023$2,670$3,020$3,530$4,500$5,040

Two-bedroom rent in nearby Santa Clara County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 95139
95130$2,640−31.8%
95131$3,620−6.5%
95132$3,630−6.2%
95133$3,000−22.5%
95134$4,460+15.2%
95135$3,640−5.9%
95136$3,150−18.6%
95138$3,190−17.6%
95139Current$3,870—
95140$3,180−17.8%
95141$3,270−15.5%
95148$3,670−5.2%

Questions about ZIP 95139 rents

How much will Section 8 pay for a two-bedroom in ZIP 95139?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $3,870, that basic range is $3,483 to $4,257 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is ZIP 95139 in?

ZIP 95139 is in the San Jose-Sunnyvale-Santa Clara, CA HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in ZIP 95139 for FY 2027?

The two-bedroom FMR fell 9.8%, from $4,290 in FY 2026 to $3,870 in FY 2027. Since FY 2023 it has risen 9.6%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

County fair market rentSan Jose, CA fair market rentCA statewide rentsWhat is SAFMR?Data sources