Section 8 Fair Market Rent (FMR) for ZIP 95075 - 2027
Location: San Benito County, CA | Metro: San Benito County, CA HUD Metro FMR Area
FY 2027 Fair Market Rent Rates
| Unit Size |
Monthly FMR |
| Studio | $2,980 |
| 1 Bedroom | $2,990 |
| 2 Bedrooms | $3,920 |
| 3 Bedrooms | $5,320 |
| 4 Bedrooms | $5,660 |
| 5 Bedrooms | $6,566 |
| 6 Bedrooms | $7,354 |
| 7 Bedrooms | $7,942 |
| 8 Bedrooms | $8,339 |
Demographics & Housing Statistics
U.S. Census Bureau data (2024)
Median Household Income
$135,417
To determine if you should buy in ZIP code 95075 for Section 8 investments, follow these decision points:
- Does FMR ($3780) cover debt service?
- If the Fair Market Rent (FMR) of $3780 per month does not cover the debt service on a property, the answer is No. Do not invest.
- If the FMR of $3780 per month does cover the debt service, proceed to the next question.
- Is market rent above, at, or below FMR?
- If market rent is significantly below the FMR of $3780, the answer is No. The risk of vacancy is too high.
- If market rent is at or near the FMR of $3780, the answer is It Depends. Evaluate other factors such as property condition and location.
- If market rent is above the FMR of $3780, the answer is Yes. Proceed to the final decision point.
- Are 12.0% renters and N/A-day DOM enough demand?
- If the demand is insufficient due to low renter percentage (12.0%) and high days on market (DOM), the answer is No. There isn't enough tenant demand to justify investment.
- If the 12.0% of renters and N/A-day DOM indicate moderate demand, the answer is It Depends. Consider the competition and the overall housing market trend in the area.
- If there is strong demand shown by the 12.0% of renters and a low DOM, the answer is Yes. This ZIP code has a favorable environment for Section 8 properties.
Note: For a precise analysis, specific data regarding the percentage of renters and average DOM is required. Without this data, the decision tree can only provide general guidance based on the available information.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
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.