FY2027 Small Area FMR · Oakland, CA

ZIP 94607 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 94607 (Oakland, CA) is $2,630 a month, up 7.3% from FY2026. That is 6% below the Oakland-Fremont, CA area-wide FMR of $2,805.

2-bedroom SAFMR$2,630per month ▲ 7.3%

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

Rank in the area93rdof 115 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,367

2 BR Small Area FMR$2,630

110% of SAFMR$2,893

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

Studio$1,960▲ 8.9%

1 BR$2,150▲ 7.0%

2 BR$2,630▲ 7.3%

3 BR$3,370▲ 7.7%

4 BR$3,980▲ 7.3%

FY2027 FY2026

Where 94607 sits in the Oakland-Fremont, CA area

Of the 115 ZIP codes HUD lists for the area, 94607 has the 93rd 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 $2,630 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	$1,960	$1,764 – $2,156	$2,088	$1,800
1 bedroom	$2,150	$1,935 – $2,365	$2,290	$2,010
2 bedrooms	$2,630	$2,367 – $2,893	$2,805	$2,450
3 bedrooms	$3,370	$3,033 – $3,707	$3,592	$3,130
4 bedrooms	$3,980	$3,582 – $4,378	$4,250	$3,710

A household renting a two-bedroom home at the Small Area FMR of $2,630 needs about $105,200 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 94607 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	1.8 mi	$3,030
94608	Emeryville	2.2 mi	$3,270
94501	Alameda	2.6 mi	$3,050
94609	Oakland	2.8 mi	$2,890
94610	Oakland	3.2 mi	$2,910
94606	Oakland	3.2 mi	$2,630

Questions

What is the Fair Market Rent for ZIP code 94607?

HUD's FY2027 Small Area Fair Market Rents for 94607 are $1,960 (studio), $2,150 (1 BR), $2,630 (2 BR), $3,370 (3 BR) and $3,980 (4 BR) a month.

What is the Section 8 payment standard in 94607?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 94607 that range is $2,367 to $2,893 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 94607?

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.