FY2027 Small Area FMR · Oakland, CA

ZIP 94604 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 94604 (Oakland, CA) is $2,810 a month, down 3.8% from FY2026. That is 0% equal to the Oakland-Fremont, CA area-wide FMR of $2,805.

2-bedroom SAFMR$2,810per month ▼ 3.8%

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

Rank in the area56thof 115 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,529

2 BR Small Area FMR$2,810

110% of SAFMR$3,091

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

Studio$2,090▼ 2.8%

1 BR$2,290▼ 4.2%

2 BR$2,810▼ 3.8%

3 BR$3,600▼ 3.5%

4 BR$4,260▼ 3.8%

FY2027 FY2026

Where 94604 sits in the Oakland-Fremont, CA area

Of the 115 ZIP codes HUD lists for the area, 94604 has the 56th 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 $2,810 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	$2,090	$1,881 – $2,299	$2,088	$2,150
1 bedroom	$2,290	$2,061 – $2,519	$2,290	$2,390
2 bedrooms	$2,810	$2,529 – $3,091	$2,805	$2,920
3 bedrooms	$3,600	$3,240 – $3,960	$3,592	$3,730
4 bedrooms	$4,260	$3,834 – $4,686	$4,250	$4,430

A household renting a two-bedroom home at the Small Area FMR of $2,810 needs about $112,400 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 94604 lies mainly in Alameda 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
94612	Oakland	0.3 mi	$3,030
94610	Oakland	1.6 mi	$2,910
94606	Oakland	1.6 mi	$2,630
94607	Oakland	1.7 mi	$2,630
94609	Oakland	2.1 mi	$2,890
94501	Alameda	2.2 mi	$3,050

Questions

What is the Fair Market Rent for ZIP code 94604?

HUD's FY2027 Small Area Fair Market Rents for 94604 are $2,090 (studio), $2,290 (1 BR), $2,810 (2 BR), $3,600 (3 BR) and $4,260 (4 BR) a month.

What is the Section 8 payment standard in 94604?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 94604 that range is $2,529 to $3,091 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 94604?

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.