FMR is near market; voucher and private rents are aligned.
1.01
1 BR
1 BR
0.85ratio
FMR$1,450
Market$1,710
vs market-$260
FMR is below market; voucher rent may lag private rents.
0.85
2 BR
2 BR
0.96ratio
FMR$1,790
Market$1,870
vs market-$80
FMR is near market; voucher and private rents are aligned.
0.96
3 BR
3 BR
1.07ratio
FMR$2,480
Market$2,310
vs market+$170
FMR is near market; voucher and private rents are aligned.
1.07
4 BR
4 BR
1.13ratio
FMR$3,000
Market$2,650
vs market+$350
FMR is above market; underwrite to market rent.
1.13
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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ZIP 95211 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 95211 (Stockton, CA) is $1,790 a month. That is up 11.2% from $1,610 in FY 2026. Stockton is in the Stockton-Lodi, CA MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $2,015. Among 40 ZIP codes in San Joaquin County, 95211 is tied for the 28th-highest two-bedroom rent (county range $1,180–$3,020). The median county two-bedroom FMR in California is $1,725, so ZIP 95211 is 4% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 95211
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,190
$1,360
+14.3%
$1,224–$1,496
1BR
$1,290
$1,450
+12.4%
$1,305–$1,595
2BR
$1,610
$1,790
+11.2%
$1,611–$1,969
3BR
$2,240
$2,480
+10.7%
$2,232–$2,728
4BR
$2,700
$3,000
+11.1%
$2,700–$3,300
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 95211
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,360
$1,450
$1,790
$2,480
$3,000
FY 2026
$1,190
$1,290
$1,610
$2,240
$2,700
FY 2025
$1,130
$1,240
$1,580
$2,220
$2,650
FY 2024
$1,030
$1,150
$1,480
$2,090
$2,520
FY 2023
$1,040
$1,160
$1,510
$2,150
$2,570
Two-bedroom rent in nearby San Joaquin County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 95211?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,015, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,814 to $2,217 a month; under the ZIP-level Small Area FMR of $1,790 it would be $1,611 to $1,969. 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 95211 in?
ZIP 95211 is in the Stockton-Lodi, CA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,015.
How much did fair market rent change in ZIP 95211 for FY 2027?
The two-bedroom FMR rose 11.2%, from $1,610 in FY 2026 to $1,790 in FY 2027. Since FY 2023 it has risen 18.5%.
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