95348
ZIPSAFMR
Merced County, CA
BRFMR
Eff. Rent
0 BR$1,370$1,370
1 BR$1,480$1,480
2 BR$1,840$1,840
3 BR$2,530$2,170
4 BR$3,060$2,270
5 BR$3,519
6 BR$4,047
7 BR$4,654
8 BR$5,352

Market Alignment

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

Studio
Studio
0.69ratio
FMR$1,370
Market$1,980
vs market-$610

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.69
1 BR
1 BR
0.73ratio
FMR$1,480
Market$2,030
vs market-$550

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.73
2 BR
2 BR
0.86ratio
FMR$1,840
Market$2,140
vs market-$300

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.86
3 BR
3 BR
1.17ratio
FMR$2,530
Market$2,170
vs market+$360

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

1.17
4 BR
4 BR
1.35ratio
FMR$3,060
Market$2,270
vs market+$790

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

1.35
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$211,507
Rent
$1,840
Down payment
$42,301
Loan
$169,205
Mortgage
$1,069
Expenses
$571
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 95348 (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.