ZIP 94401 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 94401 in the San Francisco, CA FMR area.

$2,490Efficiency
$2,9101 bedroom
$3,5802 bedrooms
$4,6803 bedrooms
$5,2704 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$2,490$2,241$2,739$2,574
1 bedroom$2,910$2,619$3,201$3,003
2 bedrooms$3,580$3,222$3,938$3,697
3 bedrooms$4,680$4,212$5,148$4,832
4 bedrooms$5,270$4,743$5,797$5,439

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

Income in ZIP 94401

$130,037average adjusted gross income per tax return (2022)
$98,040average salaries and wages per return
16,720tax returns filed
33%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00021.1%
$25,000 to $50,00017.9%
$50,000 to $75,00014.3%
$75,000 to $100,00010.0%
$100,000 to $200,00020.5%
$200,000 or more16.1%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 8.0% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 94401?

HUD's FY2027 Small Area FMRs for ZIP 94401 (San Francisco, CA) are $2,490 efficiency, $2,910 one bedroom, $3,580 two bedrooms, $4,680 three and $5,270 four bedrooms.

What payment standard can a housing authority set in ZIP 94401?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $3,222 to $3,938.

How affordable is rent in ZIP 94401?

Tax returns filed from ZIP 94401 reported an average adjusted gross income of $130,037 (2022). A two-bedroom unit at the Small Area FMR costs $42,960 a year, or 33% of that income.