ZIP 94070 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 94070 in the San Francisco, CA FMR area.

$2,670Efficiency
$3,1201 bedroom
$3,8402 bedrooms
$5,0203 bedrooms
$5,6504 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$2,670$2,403$2,937$2,574
1 bedroom$3,120$2,808$3,432$3,003
2 bedrooms$3,840$3,456$4,224$3,697
3 bedrooms$5,020$4,518$5,522$4,832
4 bedrooms$5,650$5,085$6,215$5,439

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

Income in ZIP 94070

$327,331average adjusted gross income per tax return (2022)
$234,014average salaries and wages per return
15,380tax returns filed
14%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00014.5%
$25,000 to $50,0008.2%
$50,000 to $75,0008.4%
$75,000 to $100,0007.6%
$100,000 to $200,00019.4%
$200,000 or more41.9%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 2.5% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 94070?

HUD's FY2027 Small Area FMRs for ZIP 94070 (San Francisco, CA) are $2,670 efficiency, $3,120 one bedroom, $3,840 two bedrooms, $5,020 three and $5,650 four bedrooms.

What payment standard can a housing authority set in ZIP 94070?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $3,456 to $4,224.

How affordable is rent in ZIP 94070?

Tax returns filed from ZIP 94070 reported an average adjusted gross income of $327,331 (2022). A two-bedroom unit at the Small Area FMR costs $46,080 a year, or 14% of that income.