ZIP 94960 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 94960 in the San Francisco, CA FMR area.

$2,700Efficiency
$3,1501 bedroom
$3,8802 bedrooms
$5,0703 bedrooms
$5,7104 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$2,700$2,430$2,970$2,574
1 bedroom$3,150$2,835$3,465$3,003
2 bedrooms$3,880$3,492$4,268$3,697
3 bedrooms$5,070$4,563$5,577$4,832
4 bedrooms$5,710$5,139$6,281$5,439

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

Income in ZIP 94960

$264,802average adjusted gross income per tax return (2022)
$151,349average salaries and wages per return
7,170tax returns filed
18%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00018.5%
$25,000 to $50,00010.5%
$50,000 to $75,0009.1%
$75,000 to $100,0007.8%
$100,000 to $200,00019.5%
$200,000 or more34.6%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 3.8% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 94960?

HUD's FY2027 Small Area FMRs for ZIP 94960 (San Francisco, CA) are $2,700 efficiency, $3,150 one bedroom, $3,880 two bedrooms, $5,070 three and $5,710 four bedrooms.

What payment standard can a housing authority set in ZIP 94960?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $3,492 to $4,268.

How affordable is rent in ZIP 94960?

Tax returns filed from ZIP 94960 reported an average adjusted gross income of $264,802 (2022). A two-bedroom unit at the Small Area FMR costs $46,560 a year, or 18% of that income.