FY2027 Small Area FMR · Santa Monica, CA
ZIP 90404 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 90404 (Santa Monica, CA) is $3,550 a month, up 6.9% from FY2026. That is 20% above the Los Angeles-Long Beach-Glendale, CA area-wide FMR of $2,964.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 90404 sits in the Los Angeles-Long Beach-Glendale, CA area
Of the 474 ZIP codes HUD lists for the area, 90404 has the 86th highest two-bedroom Small Area FMR. Los Angeles-Long Beach-Glendale, CA is one of the 65 metro areas where HUD requires Small Area FMRs for the Housing Choice Voucher program (designated 2023), so local housing agencies must set payment standards from this ZIP code's figure, normally between $3,195 and $3,905 for two bedrooms.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $2,580 | $2,322 – $2,838 | $2,151 | $2,380 |
| 1 bedroom | $2,880 | $2,592 – $3,168 | $2,402 | $2,660 |
| 2 bedrooms | $3,550 | $3,195 – $3,905 | $2,964 | $3,320 |
| 3 bedrooms | $4,500 | $4,050 – $4,950 | $3,760 | $4,210 |
| 4 bedrooms | $5,040 | $4,536 – $5,544 | $4,208 | $4,690 |
A household renting a two-bedroom home at the Small Area FMR of $3,550 needs about $142,000 a year to keep housing costs at 30% of income. The area median family income is $108,100 and the 80% low-income limit for four people is $133,250. ZIP code 90404 lies mainly in Los Angeles County. See the Los Angeles-Long Beach-Glendale, CA county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 90404?
HUD's FY2027 Small Area Fair Market Rents for 90404 are $2,580 (studio), $2,880 (1 BR), $3,550 (2 BR), $4,500 (3 BR) and $5,040 (4 BR) a month.
What is the Section 8 payment standard in 90404?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 90404 that range is $3,195 to $3,905 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 90404?
The FY2026 income limits of the Los Angeles-Long Beach-Glendale, CA area apply: median family income $108,100, low-income (80%) limit $133,250 for a family of four.