FMR is near market; voucher and private rents are aligned.
1.03
1 BR
1 BR
0.95ratio
FMR$1,210
Market$1,280
vs market-$70
FMR is near market; voucher and private rents are aligned.
0.95
2 BR
2 BR
0.94ratio
FMR$1,580
Market$1,680
vs market-$100
FMR is near market; voucher and private rents are aligned.
0.94
3 BR
3 BR
1.07ratio
FMR$2,190
Market$2,040
vs market+$150
FMR is near market; voucher and private rents are aligned.
1.07
4 BR
4 BR
1.09ratio
FMR$2,640
Market$2,430
vs market+$210
FMR is near market; voucher and private rents are aligned.
1.09
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
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ZIP 96099 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 96099 (Redding, CA) is $1,580 a month. That is down 0.6% from $1,590 in FY 2026. Redding is in the Redding, 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 $1,581. Among 30 ZIP codes in Shasta County, 96099 is tied for the 8th-highest two-bedroom rent (county range $1,440–$2,160). The median county two-bedroom FMR in California is $1,725, so ZIP 96099 is 8% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 96099
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,170
$1,200
+2.6%
$1,080–$1,320
1BR
$1,210
$1,210
0.0%
$1,089–$1,331
2BR
$1,590
$1,580
−0.6%
$1,422–$1,738
3BR
$2,210
$2,190
−0.9%
$1,971–$2,409
4BR
$2,670
$2,640
−1.1%
$2,376–$2,904
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 96099
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,200
$1,210
$1,580
$2,190
$2,640
FY 2026
$1,170
$1,210
$1,590
$2,210
$2,670
FY 2025
$1,150
$1,230
$1,610
$2,260
$2,700
FY 2024
$1,020
$1,130
$1,490
$2,100
$2,530
FY 2023
$900
$1,020
$1,340
$1,900
$2,280
Two-bedroom rent in nearby Shasta County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 96099?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,581, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,423 to $1,739 a month; under the ZIP-level Small Area FMR of $1,580 it would be $1,422 to $1,738. 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 96099 in?
ZIP 96099 is in the Redding, CA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,581.
How much did fair market rent change in ZIP 96099 for FY 2027?
The two-bedroom FMR fell 0.6%, from $1,590 in FY 2026 to $1,580 in FY 2027. Since FY 2023 it has risen 17.9%.
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