FY2027 Small Area FMR · Walnut Creek, CA

ZIP 94597 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 94597 (Walnut Creek, CA) is $3,140 a month, down 3.4% from FY2026. That is 12% above the Oakland-Fremont, CA area-wide FMR of $2,805.

2-bedroom SAFMR$3,140per month ▼ 3.4%

Area-wide 2 BR FMR$2,805Oakland-Fremont, CA

Rank in the area29thof 115 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,826

2 BR Small Area FMR$3,140

110% of SAFMR$3,454

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$2,340▼ 2.1%

1 BR$2,560▼ 3.8%

2 BR$3,140▼ 3.4%

3 BR$4,020▼ 3.4%

4 BR$4,760▼ 3.4%

FY2027 FY2026

Where 94597 sits in the Oakland-Fremont, CA area

Of the 115 ZIP codes HUD lists for the area, 94597 has the 29th highest two-bedroom Small Area FMR. Oakland-Fremont, 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 $2,805 for two bedrooms; an agency that opts in to Small Area FMRs would use $3,140 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$2,340	$2,106 – $2,574	$2,088	$2,390
1 bedroom	$2,560	$2,304 – $2,816	$2,290	$2,660
2 bedrooms	$3,140	$2,826 – $3,454	$2,805	$3,250
3 bedrooms	$4,020	$3,618 – $4,422	$3,592	$4,160
4 bedrooms	$4,760	$4,284 – $5,236	$4,250	$4,930

A household renting a two-bedroom home at the Small Area FMR of $3,140 needs about $125,600 a year to keep housing costs at 30% of income. The area median family income is $162,800 and the 80% low-income limit for four people is $135,750. ZIP code 94597 lies mainly in Contra Costa County. See the Oakland-Fremont, CA metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
94523	Pleasant Hill	2.5 mi	$2,970
94596	Walnut Creek	2.7 mi	$3,250
94549	Lafayette	2.7 mi	$3,650
94595	Walnut Creek	3.2 mi	$2,820
94518	Concord	3.5 mi	$2,730
94598	Walnut Creek	4.1 mi	$3,630

Questions

What is the Fair Market Rent for ZIP code 94597?

HUD's FY2027 Small Area Fair Market Rents for 94597 are $2,340 (studio), $2,560 (1 BR), $3,140 (2 BR), $4,020 (3 BR) and $4,760 (4 BR) a month.

What is the Section 8 payment standard in 94597?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 94597 that range is $2,826 to $3,454 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 94597?

The FY2026 income limits of the Oakland-Fremont, CA area apply: median family income $162,800, low-income (80%) limit $135,750 for a family of four.