ZIP 94114 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 94114 in the San Francisco, CA FMR area.

$2,870Efficiency
$3,3501 bedroom
$4,1202 bedrooms
$5,3903 bedrooms
$6,0604 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$2,870$2,583$3,157$2,574
1 bedroom$3,350$3,015$3,685$3,003
2 bedrooms$4,120$3,708$4,532$3,697
3 bedrooms$5,390$4,851$5,929$4,832
4 bedrooms$6,060$5,454$6,666$5,439

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

Income in ZIP 94114

$349,156average adjusted gross income per tax return (2022)
$218,002average salaries and wages per return
18,600tax returns filed
14%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00010.9%
$25,000 to $50,0008.3%
$50,000 to $75,0009.0%
$75,000 to $100,0009.0%
$100,000 to $200,00025.5%
$200,000 or more37.3%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 2.7% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 94114?

HUD's FY2027 Small Area FMRs for ZIP 94114 (San Francisco, CA) are $2,870 efficiency, $3,350 one bedroom, $4,120 two bedrooms, $5,390 three and $6,060 four bedrooms.

What payment standard can a housing authority set in ZIP 94114?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $3,708 to $4,532.

How affordable is rent in ZIP 94114?

Tax returns filed from ZIP 94114 reported an average adjusted gross income of $349,156 (2022). A two-bedroom unit at the Small Area FMR costs $49,440 a year, or 14% of that income.