ZIP 94920 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 94920 in the San Francisco, CA FMR area.

$2,980Efficiency
$3,4801 bedroom
$4,2802 bedrooms
$5,6003 bedrooms
$6,3004 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$2,980$2,682$3,278$2,574
1 bedroom$3,480$3,132$3,828$3,003
2 bedrooms$4,280$3,852$4,708$3,697
3 bedrooms$5,600$5,040$6,160$4,832
4 bedrooms$6,300$5,670$6,930$5,439

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

Income in ZIP 94920

$865,678average adjusted gross income per tax return (2022)
$249,414average salaries and wages per return
6,010tax returns filed
6%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00014.6%
$25,000 to $50,0007.5%
$50,000 to $75,0007.0%
$75,000 to $100,0005.7%
$100,000 to $200,00017.8%
$200,000 or more47.4%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 2.0% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 94920?

HUD's FY2027 Small Area FMRs for ZIP 94920 (San Francisco, CA) are $2,980 efficiency, $3,480 one bedroom, $4,280 two bedrooms, $5,600 three and $6,300 four bedrooms.

What payment standard can a housing authority set in ZIP 94920?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $3,852 to $4,708.

How affordable is rent in ZIP 94920?

Tax returns filed from ZIP 94920 reported an average adjusted gross income of $865,678 (2022). A two-bedroom unit at the Small Area FMR costs $51,360 a year, or 6% of that income.