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Stanislaus County/Ceres/95307

95307

ZIPSAFMR
Stanislaus County, CA
Zillow

ZIP Investment Score

95Above average

095130300
BRFMR
Eff. Rent
0 BR$1,250$1,380
1 BR$1,350$1,490
2 BR$1,770$1,700
3 BR$2,370$2,280
4 BR$2,780$2,400
5 BR$3,197Not available
6 BR$3,677Not available
7 BR$4,228Not available
8 BR$4,862Not available

Purchase Price Calculator

Maximum purchase price
$190,703

Cost breakdown

+Likely effective rent$1,700
HUD FMR$1,770
Market rentUsed$1,700
Est. payment standard (97%)$1,720
-Principal and interest-$964
Loan amount$152,562
Down payment$38,141
Rate6.50%
Term30 years
-Operating costs-$536
Property taxes-$191
Insurance-$175
Utilities$0
HOA$0
Management-$170
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$27,329(71.7% ROI)
Projected value
$205,366
Return breakdown
Property appreciation+$14,663
Loan principal paid down+$5,466
Rental cash flow+$7,200
5-year hold
+$46,807(122.7% ROI)
Projected value
$215,763
Return breakdown
Property appreciation+$25,060
Loan principal paid down+$9,747
Rental cash flow+$12,000
10-year hold
+$100,639(263.9% ROI)
Projected value
$244,116
Return breakdown
Property appreciation+$53,413
Loan principal paid down+$23,226
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.84
1 BR
0.85
2 BR
1.04
3 BR
1.04
4 BR
1.16
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 95307 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 95307 (Ceres, CA) is $1,770 a month. That is up 0.6% from $1,760 in FY 2026. Ceres is in the Modesto, 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 $1,803. Among 28 ZIP codes in Stanislaus County, 95307 is tied for the 16th-highest two-bedroom rent (county range $1,570–$2,380). The median county two-bedroom FMR in California is $1,725, so ZIP 95307 is 3% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 95307
BedroomsFY 2027Change90–110% range
Studio$1,250−0.8%$1,125–$1,375
1BR$1,350−0.7%$1,215–$1,485
2BR$1,770+0.6%$1,593–$1,947
3BR$2,370−2.9%$2,133–$2,607
4BR$2,780−1.8%$2,502–$3,058

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 95307
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,250$1,350$1,770$2,370$2,780
FY 2026$1,260$1,360$1,760$2,440$2,830
FY 2025$1,130$1,210$1,570$2,200$2,560
FY 2024$1,140$1,180$1,520$2,140$2,520
FY 2023$990$1,020$1,300$1,840$2,150

Two-bedroom rent in nearby Stanislaus County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 95307
95307Current$1,770—
95313$1,590−10.2%
95316$1,600−9.6%
95319$1,590−10.2%
95323$1,590−10.2%
95326$1,880+6.2%
95328$1,610−9.0%
95350$1,790+1.1%
95351$1,620−8.5%
95352$1,800+1.7%
95353$1,800+1.7%
95354$1,730−2.3%

Questions about ZIP 95307 rents

How much will Section 8 pay for a two-bedroom in ZIP 95307?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,803, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,623 to $1,983 a month; under the ZIP-level Small Area FMR of $1,770 it would be $1,593 to $1,947. 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 95307 in?

ZIP 95307 is in the Modesto, CA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,803.

How much did fair market rent change in ZIP 95307 for FY 2027?

The two-bedroom FMR rose 0.6%, from $1,760 in FY 2026 to $1,770 in FY 2027. Since FY 2023 it has risen 36.2%.

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 rentCeres, CA fair market rentCA statewide rentsWhat is SAFMR?Data sources