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Sacramento County/Courtland/95615

95615

ZIPSAFMR
Sacramento County, CA
Zillow

ZIP Investment Score

53Below average

095130300
BRFMR
Eff. Rent
0 BR$1,080$1,080
1 BR$1,110$1,110
2 BR$1,360$1,360
3 BR$1,780$1,780
4 BR$2,060$2,060
5 BR$2,369Not available
6 BR$2,724Not available
7 BR$3,133Not available
8 BR$3,603Not available

Purchase Price Calculator

Maximum purchase price
$140,179

Cost breakdown

+Likely effective rent$1,360
HUD FMRUsed$1,360
Market rentN/A
Est. payment standardN/A
-Principal and interest-$709
Loan amount$112,143
Down payment$28,036
Rate6.50%
Term30 years
-Operating costs-$451
Property taxes-$140
Insurance-$175
Utilities$0
HOA$0
Management-$136
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$21,996(78.5% ROI)
Projected value
$150,957
Return breakdown
Property appreciation+$10,778
Loan principal paid down+$4,018
Rental cash flow+$7,200
5-year hold
+$37,586(134.1% ROI)
Projected value
$158,600
Return breakdown
Property appreciation+$18,421
Loan principal paid down+$7,165
Rental cash flow+$12,000
10-year hold
+$80,334(286.5% ROI)
Projected value
$179,441
Return breakdown
Property appreciation+$39,262
Loan principal paid down+$17,073
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
--
Tax rate
--
Mortgage rate
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ZIP 95615 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 95615 (Courtland, CA) is $1,360 a month. That is up 0.7% from $1,350 in FY 2026. Courtland is in the Sacramento--Roseville--Arden-Arcade, CA HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 69 ZIP codes in Sacramento County, 95615 has the 69th-highest two-bedroom rent (county range $1,360–$3,130). The median county two-bedroom FMR in California is $1,725, so ZIP 95615 is 21% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 95615
BedroomsFY 2027Change90–110% range
Studio$1,080+2.9%$972–$1,188
1BR$1,110+0.9%$999–$1,221
2BR$1,360+0.7%$1,224–$1,496
3BR$1,780−1.1%$1,602–$1,958
4BR$2,060−0.5%$1,854–$2,266

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 95615
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,080$1,110$1,360$1,780$2,060
FY 2026$1,050$1,100$1,350$1,800$2,070
FY 2025$980$1,040$1,290$1,750$2,020
FY 2024$970$1,050$1,300$1,810$2,080
FY 2023$900$980$1,240$1,770$2,130

Two-bedroom rent in nearby Sacramento County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 95615
95608$2,140+57.4%
95609$2,170+59.6%
95610$2,340+72.1%
95611$2,170+59.6%
95615Current$1,360—
95621$2,210+62.5%
95624$2,430+78.7%
95626$2,030+49.3%
95628$2,420+77.9%
95630$2,920+114.7%
95632$1,930+41.9%
95638$2,260+66.2%

Questions about ZIP 95615 rents

How much will Section 8 pay for a two-bedroom in ZIP 95615?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,360, that basic range is $1,224 to $1,496 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 95615 in?

ZIP 95615 is in the Sacramento--Roseville--Arden-Arcade, 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 95615 for FY 2027?

The two-bedroom FMR rose 0.7%, from $1,350 in FY 2026 to $1,360 in FY 2027. Since FY 2023 it has risen 9.7%.

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