ZIP 94965 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 94965 in the San Francisco, CA FMR area.

$2,880Efficiency
$3,3601 bedroom
$4,1402 bedrooms
$5,4103 bedrooms
$6,0904 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$2,880$2,592$3,168$2,574
1 bedroom$3,360$3,024$3,696$3,003
2 bedrooms$4,140$3,726$4,554$3,697
3 bedrooms$5,410$4,869$5,951$4,832
4 bedrooms$6,090$5,481$6,699$5,439

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

Income in ZIP 94965

$229,039average adjusted gross income per tax return (2022)
$123,803average salaries and wages per return
5,780tax returns filed
22%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00017.1%
$25,000 to $50,00011.9%
$50,000 to $75,00010.4%
$75,000 to $100,0008.5%
$100,000 to $200,00022.5%
$200,000 or more29.6%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 6.6% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 94965?

HUD's FY2027 Small Area FMRs for ZIP 94965 (San Francisco, CA) are $2,880 efficiency, $3,360 one bedroom, $4,140 two bedrooms, $5,410 three and $6,090 four bedrooms.

What payment standard can a housing authority set in ZIP 94965?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $3,726 to $4,554.

How affordable is rent in ZIP 94965?

Tax returns filed from ZIP 94965 reported an average adjusted gross income of $229,039 (2022). A two-bedroom unit at the Small Area FMR costs $49,680 a year, or 22% of that income.