ZIP 94020 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 94020 in the San Francisco, CA FMR area.

San Francisco, CA

$2,980Efficiency
$3,3201 bedroom
$4,1002 bedrooms
$5,3703 bedrooms
$5,8304 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$2,980$2,682$3,278$2,574
1 bedroom$3,320$2,988$3,652$3,003
2 bedrooms$4,100$3,690$4,510$3,697
3 bedrooms$5,370$4,833$5,907$4,832
4 bedrooms$5,830$5,247$6,413$5,439

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

San Jose-Sunnyvale-Santa Clara, CA

$2,980Efficiency
$3,3201 bedroom
$4,1002 bedrooms
$5,3703 bedrooms
$5,8304 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$2,980$2,682$3,278$2,458
1 bedroom$3,320$2,988$3,652$2,778
2 bedrooms$4,100$3,690$4,510$3,272
3 bedrooms$5,370$4,833$5,907$4,396
4 bedrooms$5,830$5,247$6,413$4,688

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 94020

$153,425average adjusted gross income per tax return (2022)
$100,833average salaries and wages per return
730tax returns filed
32%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00015.1%
$25,000 to $50,00015.1%
$50,000 to $75,00012.3%
$75,000 to $100,0009.6%
$100,000 to $200,00024.7%
$200,000 or more23.3%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 4.1% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 94020?

HUD's FY2027 Small Area FMRs for ZIP 94020 (San Francisco, CA) are $2,980 efficiency, $3,320 one bedroom, $4,100 two bedrooms, $5,370 three and $5,830 four bedrooms.

What payment standard can a housing authority set in ZIP 94020?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $3,690 to $4,510.

How affordable is rent in ZIP 94020?

Tax returns filed from ZIP 94020 reported an average adjusted gross income of $153,425 (2022). A two-bedroom unit at the Small Area FMR costs $49,200 a year, or 32% of that income.