FMR is below market; voucher rent may lag private rents.
0.74
1 BR
1 BR
0.75ratio
FMR$1,710
Market$2,280
vs market-$570
FMR is below market; voucher rent may lag private rents.
0.75
2 BR
2 BR
0.86ratio
FMR$2,100
Market$2,440
vs market-$340
FMR is below market; voucher rent may lag private rents.
0.86
3 BR
3 BR
0.91ratio
FMR$2,750
Market$3,020
vs market-$270
FMR is near market; voucher and private rents are aligned.
0.91
4 BR
4 BR
0.89ratio
FMR$3,180
Market$3,580
vs market-$400
FMR is below market; voucher rent may lag private rents.
0.89
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 95721 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 95721 (Echo Lake, CA) is $2,100 a month. That is down 3.2% from $2,170 in FY 2026. Echo Lake 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 27 ZIP codes in El Dorado County, 95721 is tied for the 12th-highest two-bedroom rent (county range $1,410–$3,140). The median county two-bedroom FMR in California is $1,725, so ZIP 95721 is 22% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 95721
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,680
$1,660
−1.2%
$1,494–$1,826
1BR
$1,760
$1,710
−2.8%
$1,539–$1,881
2BR
$2,170
$2,100
−3.2%
$1,890–$2,310
3BR
$2,890
$2,750
−4.8%
$2,475–$3,025
4BR
$3,330
$3,180
−4.5%
$2,862–$3,498
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 95721
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,660
$1,710
$2,100
$2,750
$3,180
FY 2026
$1,680
$1,760
$2,170
$2,890
$3,330
FY 2025
$1,630
$1,720
$2,140
$2,900
$3,350
FY 2024
$1,500
$1,620
$2,020
$2,810
$3,240
FY 2023
$1,260
$1,380
$1,730
$2,460
$2,860
Two-bedroom rent in nearby El Dorado County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 95721?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,100, that basic range is $1,890 to $2,310 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 95721 in?
ZIP 95721 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 95721 for FY 2027?
The two-bedroom FMR fell 3.2%, from $2,170 in FY 2026 to $2,100 in FY 2027. Since FY 2023 it has risen 21.4%.
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