FMR is near market; voucher and private rents are aligned.
1.01
1 BR
1 BR
1.04ratio
FMR$2,140
Market$2,060
vs market+$80
FMR is near market; voucher and private rents are aligned.
1.04
2 BR
2 BR
1.05ratio
FMR$2,630
Market$2,510
vs market+$120
FMR is near market; voucher and private rents are aligned.
1.05
3 BR
3 BR
1.34ratio
FMR$3,450
Market$2,580
vs market+$870
FMR is above market; underwrite to market rent.
1.34
4 BR
4 BR
1.37ratio
FMR$3,970
Market$2,890
vs market+$1,080
FMR is above market; underwrite to market rent.
1.37
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
--
ZIP 95639 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 95639 (Hood, CA) is $2,630 a month. That is down 3.0% from $2,710 in FY 2026. Hood 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, 95639 is tied for the 9th-highest two-bedroom rent (county range $1,360–$3,130). The median county two-bedroom FMR in California is $1,725, so ZIP 95639 is 52% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 95639
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,100
$2,080
−1.0%
$1,872–$2,288
1BR
$2,200
$2,140
−2.7%
$1,926–$2,354
2BR
$2,710
$2,630
−3.0%
$2,367–$2,893
3BR
$3,610
$3,450
−4.4%
$3,105–$3,795
4BR
$4,150
$3,970
−4.3%
$3,573–$4,367
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 95639
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,080
$2,140
$2,630
$3,450
$3,970
FY 2026
$2,100
$2,200
$2,710
$3,610
$4,150
FY 2025
$2,080
$2,200
$2,730
$3,700
$4,280
FY 2024
$1,940
$2,090
$2,600
$3,620
$4,170
FY 2023
$1,650
$1,810
$2,270
$3,230
$3,760
Two-bedroom rent in nearby Sacramento County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 95639?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,630, that basic range is $2,367 to $2,893 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 95639 in?
ZIP 95639 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 95639 for FY 2027?
The two-bedroom FMR fell 3.0%, from $2,710 in FY 2026 to $2,630 in FY 2027. Since FY 2023 it has risen 15.9%.
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