Location: San Jose-Sunnyvale-Santa Clara, CA | Metro: San Jose-Sunnyvale-Santa Clara, CA HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $2,460 |
| 1 Bedroom | $2,780 |
| 2 Bedrooms | $3,270 |
| 3 Bedrooms | $4,390 |
| 4 Bedrooms | $4,690 |
| 5 Bedrooms | $5,440 |
| 6 Bedrooms | $6,093 |
| 7 Bedrooms | $6,580 |
| 8 Bedrooms | $6,909 |
The ZIP code 95044 in San Jose-Sunnyvale-Santa Clara County stands out due to limited available data on its resident demographics, rental percentages, median income, and median home values. This scarcity of specific information makes it challenging to provide a detailed analysis based on typical metrics.
However, the economic dynamics of Section 8 vouchers in this area can be examined through the Fair Market Rent (FMR) figures. For fiscal year 2024, the FMR for ZIP 95044 is set at $3130. This figure represents the maximum amount that landlords can charge for rent under the Section 8 program. Without comparative data on the local market rent, it's difficult to assess how the FMR aligns with actual rental rates, but landlords should ensure their rental prices do not exceed this threshold to remain competitive in the voucher program.
Given the lack of detailed demographic and economic data, the overall data signature for ZIP 95044 appears transitional. The absence of concrete figures suggests ongoing changes or developments that could impact the real estate landscape, including potential shifts in the number of renters, income levels, and housing values. Landlords and small-portfolio investors should monitor these areas closely for emerging trends and opportunities.
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.