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Butte County/Oroville/95965

95965

ZIPSAFMR
Butte County, CA
Zillow

ZIP Investment Score

93Below average

095130300
BRFMR
Eff. Rent
0 BR$1,040$1,050
1 BR$1,150$1,050
2 BR$1,470$1,330
3 BR$2,040$2,000
4 BR$2,460$2,130
5 BR$2,829Not available
6 BR$3,253Not available
7 BR$3,741Not available
8 BR$4,303Not available

Purchase Price Calculator

Maximum purchase price
$135,721

Cost breakdown

+Likely effective rent$1,330
HUD FMR$1,470
Market rentUsed$1,330
Est. payment standard (94%)$1,380
-Principal and interest-$686
Loan amount$108,577
Down payment$27,144
Rate6.50%
Term30 years
-Operating costs-$444
Property taxes-$136
Insurance-$175
Utilities$0
HOA$0
Management-$133
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$21,526(79.3% ROI)
Projected value
$146,157
Return breakdown
Property appreciation+$10,436
Loan principal paid down+$3,890
Rental cash flow+$7,200
5-year hold
+$36,772(135.5% ROI)
Projected value
$153,556
Return breakdown
Property appreciation+$17,835
Loan principal paid down+$6,937
Rental cash flow+$12,000
10-year hold
+$78,543(289.4% ROI)
Projected value
$173,734
Return breakdown
Property appreciation+$38,013
Loan principal paid down+$16,530
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.99
1 BR
1.10
2 BR
1.11
3 BR
1.02
4 BR
1.15
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 95965 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 95965 (Oroville, CA) is $1,470 a month. That is up 8.1% from $1,360 in FY 2026. Oroville is in the Chico, 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 $1,509. Among 23 ZIP codes in Butte County, 95965 is tied for the 15th-highest two-bedroom rent (county range $1,470–$1,700). The median county two-bedroom FMR in California is $1,725, so ZIP 95965 is 15% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 95965
BedroomsFY 2027Change90–110% range
Studio$1,040+7.2%$936–$1,144
1BR$1,150+8.5%$1,035–$1,265
2BR$1,470+8.1%$1,323–$1,617
3BR$2,040+7.9%$1,836–$2,244
4BR$2,460+7.9%$2,214–$2,706

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 95965
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,040$1,150$1,470$2,040$2,460
FY 2026$970$1,060$1,360$1,890$2,280
FY 2025$950$990$1,290$1,820$2,190
FY 2024$870$900$1,180$1,660$2,000
FY 2023$750$810$1,060$1,500$1,820

Two-bedroom rent in nearby Butte County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 95965
95942$1,540+4.8%
95948$1,4700.0%
95954$1,500+2.0%
95958$1,510+2.7%
95965Current$1,470—
95966$1,4700.0%
95967$1,510+2.7%
95968$1,4700.0%
95969$1,4700.0%
95973$1,700+15.6%
95974$1,4700.0%
95978$1,500+2.0%

Questions about ZIP 95965 rents

How much will Section 8 pay for a two-bedroom in ZIP 95965?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,509, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,358 to $1,660 a month; under the ZIP-level Small Area FMR of $1,470 it would be $1,323 to $1,617. 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 95965 in?

ZIP 95965 is in the Chico, CA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,509.

How much did fair market rent change in ZIP 95965 for FY 2027?

The two-bedroom FMR rose 8.1%, from $1,360 in FY 2026 to $1,470 in FY 2027. Since FY 2023 it has risen 38.7%.

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