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96148

ZIPSAFMR
Placer County, CA

ZIP Investment Score

50Below average

095130300
BRFMR
Eff. Rent
0 BR$1,350$1,490
1 BR$1,430$1,570
2 BR$1,750$1,930
3 BR$2,330$2,560
4 BR$2,690$2,960
5 BR$3,093Not available
6 BR$3,558Not available
7 BR$4,091Not available
8 BR$4,705Not available

Purchase Price Calculator

Maximum purchase price
$224,881

Cost breakdown

+Likely effective rent$1,930
HUD FMR$1,750
Market rent$3,090
Est. payment standard (110%)Used$1,930
-Principal and interest-$1,137
Loan amount$179,905
Down payment$44,976
Rate6.50%
Term30 years
-Operating costs-$593
Property taxes-$225
Insurance-$175
Utilities$0
HOA$0
Management-$193
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$30,937(68.8% ROI)
Projected value
$242,172
Return breakdown
Property appreciation+$17,291
Loan principal paid down+$6,446
Rental cash flow+$7,200
5-year hold
+$53,045(117.9% ROI)
Projected value
$254,432
Return breakdown
Property appreciation+$29,551
Loan principal paid down+$11,494
Rental cash flow+$12,000
10-year hold
+$114,374(254.3% ROI)
Projected value
$287,866
Return breakdown
Property appreciation+$62,986
Loan principal paid down+$27,388
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.75
1 BR
0.66
2 BR
0.57
3 BR
0.59
4 BR
0.60
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 96148 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 96148 (Tahoe Vista, CA) is $1,750 a month. That is down 9.8% from $1,940 in FY 2026. Tahoe Vista 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 30 ZIP codes in Placer County, 96148 has the 27th-highest two-bedroom rent (county range $1,590–$3,300). The median county two-bedroom FMR in California is $1,725, so ZIP 96148 is 1% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 96148
BedroomsFY 2027Change90–110% range
Studio$1,350−10.0%$1,215–$1,485
1BR$1,430−9.5%$1,287–$1,573
2BR$1,750−9.8%$1,575–$1,925
3BR$2,330−9.7%$2,097–$2,563
4BR$2,690−9.7%$2,421–$2,959

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 96148
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,350$1,430$1,750$2,330$2,690
FY 2026$1,500$1,580$1,940$2,580$2,980
FY 2025$1,500$1,590$1,970$2,740$3,180
FY 2024$1,550$1,710$2,140$3,040$3,530
FY 2023$1,720$1,890$2,370$3,370$3,920

Two-bedroom rent in nearby Placer County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 96148
95722$2,350+34.3%
95724$1,890+8.0%
95736$2,680+53.1%
95746$3,300+88.6%
95747$2,730+56.0%
95765$2,850+62.9%
96140$2,360+34.9%
96141$2,940+68.0%
96143$1,590−9.1%
96145$2,320+32.6%
96146$2,650+51.4%
96148Current$1,750—

Questions about ZIP 96148 rents

How much will Section 8 pay for a two-bedroom in ZIP 96148?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,750, that basic range is $1,575 to $1,925 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 96148 in?

ZIP 96148 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 96148 for FY 2027?

The two-bedroom FMR fell 9.8%, from $1,940 in FY 2026 to $1,750 in FY 2027. Since FY 2023 it has fallen 26.2%.

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