ZIP 94127 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 94127 in the San Francisco, CA FMR area.

$2,470Efficiency
$2,9301 bedroom
$3,5602 bedrooms
$4,6503 bedrooms
$5,2304 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$2,470$2,223$2,717$2,574
1 bedroom$2,930$2,637$3,223$3,003
2 bedrooms$3,560$3,204$3,916$3,697
3 bedrooms$4,650$4,185$5,115$4,832
4 bedrooms$5,230$4,707$5,753$5,439

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

Income in ZIP 94127

$282,526average adjusted gross income per tax return (2022)
$179,581average salaries and wages per return
10,000tax returns filed
15%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00015.2%
$25,000 to $50,0009.0%
$50,000 to $75,0009.1%
$75,000 to $100,0007.9%
$100,000 to $200,00021.0%
$200,000 or more37.8%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 3.2% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 94127?

HUD's FY2027 Small Area FMRs for ZIP 94127 (San Francisco, CA) are $2,470 efficiency, $2,930 one bedroom, $3,560 two bedrooms, $4,650 three and $5,230 four bedrooms.

What payment standard can a housing authority set in ZIP 94127?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $3,204 to $3,916.

How affordable is rent in ZIP 94127?

Tax returns filed from ZIP 94127 reported an average adjusted gross income of $282,526 (2022). A two-bedroom unit at the Small Area FMR costs $42,720 a year, or 15% of that income.