ZIP 94508 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 94508 in the Napa, CA MSA FMR area.

$2,060Efficiency
$2,2801 bedroom
$2,9902 bedrooms
$3,8003 bedrooms
$4,4504 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$2,060$1,854$2,266$2,350
1 bedroom$2,280$2,052$2,508$2,580
2 bedrooms$2,990$2,691$3,289$3,375
3 bedrooms$3,800$3,420$4,180$4,201
4 bedrooms$4,450$4,005$4,895$5,094

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

Income in ZIP 94508

$114,523average adjusted gross income per tax return (2022)
$68,012average salaries and wages per return
1,180tax returns filed
31%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00022.0%
$25,000 to $50,00016.9%
$50,000 to $75,00016.1%
$75,000 to $100,00011.0%
$100,000 to $200,00022.0%
$200,000 or more11.9%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 5.9% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 94508?

HUD's FY2027 Small Area FMRs for ZIP 94508 (Napa, CA MSA) are $2,060 efficiency, $2,280 one bedroom, $2,990 two bedrooms, $3,800 three and $4,450 four bedrooms.

What payment standard can a housing authority set in ZIP 94508?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $2,691 to $3,289.

How affordable is rent in ZIP 94508?

Tax returns filed from ZIP 94508 reported an average adjusted gross income of $114,523 (2022). A two-bedroom unit at the Small Area FMR costs $35,880 a year, or 31% of that income.