FY2027 Small Area FMR · San Francisco, CA
ZIP 94105 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 94105 (San Francisco, CA) is $4,260 a month, down 9.9% from FY2026. That is 15% above the San Francisco, CA area-wide FMR of $3,697.
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 94105 sits in the San Francisco, CA area
Of the 113 ZIP codes HUD lists for the area, 94105 has the 13th highest two-bedroom Small Area FMR. San Francisco, CA is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $3,697 for two bedrooms; an agency that opts in to Small Area FMRs would use $4,260 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $2,940 | $2,646 – $3,234 | $2,574 | $3,260 |
| 1 bedroom | $3,520 | $3,168 – $3,872 | $3,003 | $3,910 |
| 2 bedrooms | $4,260 | $3,834 – $4,686 | $3,697 | $4,730 |
| 3 bedrooms | $5,440 | $4,896 – $5,984 | $4,832 | $6,040 |
| 4 bedrooms | $5,780 | $5,202 – $6,358 | $5,439 | $6,260 |
A household renting a two-bedroom home at the Small Area FMR of $4,260 needs about $170,400 a year to keep housing costs at 30% of income. The area median family income is $200,800 and the 80% low-income limit for four people is $168,100. ZIP code 94105 lies mainly in San Francisco County. See the San Francisco, CA metro page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 94105?
HUD's FY2027 Small Area Fair Market Rents for 94105 are $2,940 (studio), $3,520 (1 BR), $4,260 (2 BR), $5,440 (3 BR) and $5,780 (4 BR) a month.
What is the Section 8 payment standard in 94105?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 94105 that range is $3,834 to $4,686 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 94105?
The FY2026 income limits of the San Francisco, CA area apply: median family income $200,800, low-income (80%) limit $168,100 for a family of four.