ZIP 94941 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 94941 in the San Francisco, CA FMR area.

$2,860Efficiency
$3,3401 bedroom
$4,1102 bedrooms
$5,3703 bedrooms
$6,0504 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$2,860$2,574$3,146$2,574
1 bedroom$3,340$3,006$3,674$3,003
2 bedrooms$4,110$3,699$4,521$3,697
3 bedrooms$5,370$4,833$5,907$4,832
4 bedrooms$6,050$5,445$6,655$5,439

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

Income in ZIP 94941

$371,880average adjusted gross income per tax return (2022)
$197,646average salaries and wages per return
14,780tax returns filed
13%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00016.4%
$25,000 to $50,0009.3%
$50,000 to $75,0008.1%
$75,000 to $100,0007.1%
$100,000 to $200,00019.8%
$200,000 or more39.3%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 3.2% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 94941?

HUD's FY2027 Small Area FMRs for ZIP 94941 (San Francisco, CA) are $2,860 efficiency, $3,340 one bedroom, $4,110 two bedrooms, $5,370 three and $6,050 four bedrooms.

What payment standard can a housing authority set in ZIP 94941?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $3,699 to $4,521.

How affordable is rent in ZIP 94941?

Tax returns filed from ZIP 94941 reported an average adjusted gross income of $371,880 (2022). A two-bedroom unit at the Small Area FMR costs $49,320 a year, or 13% of that income.