ZIP 94129 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 94129 in the San Francisco, CA FMR area.

$2,570Efficiency
$3,0001 bedroom
$3,6902 bedrooms
$4,8303 bedrooms
$5,4404 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$2,570$2,313$2,827$2,574
1 bedroom$3,000$2,700$3,300$3,003
2 bedrooms$3,690$3,321$4,059$3,697
3 bedrooms$4,830$4,347$5,313$4,832
4 bedrooms$5,440$4,896$5,984$5,439

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

Income in ZIP 94129

$544,131average adjusted gross income per tax return (2022)
$253,055average salaries and wages per return
1,700tax returns filed
8%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00012.4%
$25,000 to $50,00010.6%
$50,000 to $75,00013.5%
$75,000 to $100,00010.6%
$100,000 to $200,00020.6%
$200,000 or more32.4%

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 94129?

HUD's FY2027 Small Area FMRs for ZIP 94129 (San Francisco, CA) are $2,570 efficiency, $3,000 one bedroom, $3,690 two bedrooms, $4,830 three and $5,440 four bedrooms.

What payment standard can a housing authority set in ZIP 94129?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $3,321 to $4,059.

How affordable is rent in ZIP 94129?

Tax returns filed from ZIP 94129 reported an average adjusted gross income of $544,131 (2022). A two-bedroom unit at the Small Area FMR costs $44,280 a year, or 8% of that income.