Location: Oakland-Fremont, CA | Metro: Oakland-Fremont, CA HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $2,090 |
| 1 Bedroom | $2,290 |
| 2 Bedrooms | $2,810 |
| 3 Bedrooms | $3,600 |
| 4 Bedrooms | $4,260 |
| 5 Bedrooms | $4,942 |
| 6 Bedrooms | $5,535 |
| 7 Bedrooms | $5,978 |
| 8 Bedrooms | $6,277 |
The ZIP code 94543, located in the Oakland-Fremont area of California, stands out due to limited available data regarding its residents, rental percentages, median income, and median home value, all marked as N/A. This scarcity suggests that the area might be underrepresented in standard housing reports or that recent data collection has been insufficient.
Despite these data gaps, the Fair Market Rent (FMR) for ZIP 94543 is established at $2590 for the fiscal year 2024. This figure is crucial for landlords and small-portfolio investors who rely on Section 8 vouchers, as it sets the benchmark for rent subsidies. The FMR is higher than the typical market rate in areas where data is complete, indicating that the cost of living in ZIP 94543 could be above average. However, without specific market rent data, it's challenging to compare directly and assess the economic advantage of accepting vouchers in this area.
The data signature for ZIP 94543 reads as transitional. With key metrics unavailable, it suggests ongoing changes or developments that could significantly impact the local real estate market. Landlords should monitor future updates closely, as they will provide insights into the stability or growth of the rental market and overall economic conditions. For now, the reliance on FMR for decision-making remains a solid strategy, ensuring compliance with HUD guidelines while maintaining competitive rents.
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.