ZIP 94303 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 94303 in the San Francisco, CA FMR area.

San Francisco, CA

$2,430Efficiency
$2,8001 bedroom
$3,3902 bedrooms
$4,4803 bedrooms
$4,9504 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$2,430$2,187$2,673$2,574
1 bedroom$2,800$2,520$3,080$3,003
2 bedrooms$3,390$3,051$3,729$3,697
3 bedrooms$4,480$4,032$4,928$4,832
4 bedrooms$4,950$4,455$5,445$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

$2,430Efficiency
$2,8001 bedroom
$3,3902 bedrooms
$4,4803 bedrooms
$4,9504 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$2,430$2,187$2,673$2,458
1 bedroom$2,800$2,520$3,080$2,778
2 bedrooms$3,390$3,051$3,729$3,272
3 bedrooms$4,480$4,032$4,928$4,396
4 bedrooms$4,950$4,455$5,445$4,688

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

Income in ZIP 94303

$217,770average adjusted gross income per tax return (2022)
$155,718average salaries and wages per return
21,060tax returns filed
19%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00021.1%
$25,000 to $50,00019.5%
$50,000 to $75,00015.1%
$75,000 to $100,0008.5%
$100,000 to $200,00014.1%
$200,000 or more21.6%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 9.2% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 94303?

HUD's FY2027 Small Area FMRs for ZIP 94303 (San Francisco, CA) are $2,430 efficiency, $2,800 one bedroom, $3,390 two bedrooms, $4,480 three and $4,950 four bedrooms.

What payment standard can a housing authority set in ZIP 94303?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $3,051 to $3,729.

How affordable is rent in ZIP 94303?

Tax returns filed from ZIP 94303 reported an average adjusted gross income of $217,770 (2022). A two-bedroom unit at the Small Area FMR costs $40,680 a year, or 19% of that income.