Location: San Francisco, CA | Metro: San Francisco, CA HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $2,470 |
| 1 Bedroom | $2,880 |
| 2 Bedrooms | $3,540 |
| 3 Bedrooms | $4,630 |
| 4 Bedrooms | $5,210 |
| 5 Bedrooms | $6,044 |
| 6 Bedrooms | $6,769 |
| 7 Bedrooms | $7,311 |
| 8 Bedrooms | $7,677 |
The analysis of ZIP code 94126 within the San Francisco, CA HUD Metro FMR area reveals critical insights for real estate investors. The Fair Market Rent (FMR) for the zip code for fiscal year 2024 is set at $3220. However, due to the lack of current market rent data, it's challenging to make a direct comparison. This absence of market rent figures makes it difficult to assess whether the rent math works in favor of the investor.
Regarding the affordability of acquisitions, the data is insufficient as it does not provide the median home value, days on market (DOM), or the percentage of homes that have had their prices cut. Without these metrics, it's impossible to gauge the ease or difficulty of acquiring properties in this area. Landlords and investors need precise information on these factors to determine if the purchase costs align with their investment strategies and expected returns.
Tenant demand is another key factor. ZIP 94126's population and the percentage of renters are not specified, which means we cannot quantify the potential pool of tenants. A high percentage of renters typically indicates strong demand, but without concrete numbers, this assessment remains speculative.
Verdict: ZIP 94126 presents an intriguing opportunity for real estate investors due to its location within the San Francisco, CA HUD Metro FMR area. However, the decision to invest hinges critically on the availability of comprehensive data. Specifically, the current market rent, median home values, days on market, percentage of price cuts, and tenant demographics are essential to understand fully. Given the FMR of $3220, there is potential for attractive rental yields if market rents match or exceed this figure. But until more detailed and current data is available, prudent investors should proceed with caution, awaiting clearer signals about the financial viability and market dynamics of this area.
Data Sources: FMR data from HUD (2027).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.