ZIP 94403 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 94403 in the San Francisco, CA FMR area.

$3,130Efficiency
$3,6501 bedroom
$4,4902 bedrooms
$5,8703 bedrooms
$6,6104 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$3,130$2,817$3,443$2,574
1 bedroom$3,650$3,285$4,015$3,003
2 bedrooms$4,490$4,041$4,939$3,697
3 bedrooms$5,870$5,283$6,457$4,832
4 bedrooms$6,610$5,949$7,271$5,439

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

Income in ZIP 94403

$196,652average adjusted gross income per tax return (2022)
$145,654average salaries and wages per return
21,690tax returns filed
27%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00017.2%
$25,000 to $50,00013.2%
$50,000 to $75,00011.2%
$75,000 to $100,0009.5%
$100,000 to $200,00020.9%
$200,000 or more28.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 4.7% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 94403?

HUD's FY2027 Small Area FMRs for ZIP 94403 (San Francisco, CA) are $3,130 efficiency, $3,650 one bedroom, $4,490 two bedrooms, $5,870 three and $6,610 four bedrooms.

What payment standard can a housing authority set in ZIP 94403?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $4,041 to $4,939.

How affordable is rent in ZIP 94403?

Tax returns filed from ZIP 94403 reported an average adjusted gross income of $196,652 (2022). A two-bedroom unit at the Small Area FMR costs $53,880 a year, or 27% of that income.