FY2027 Small Area FMR · Berkeley, CA

ZIP 94708 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 94708 (Berkeley, CA) is $3,590 a month, down 3.5% from FY2026. That is 28% above the Oakland-Fremont, CA area-wide FMR of $2,805.

2-bedroom SAFMR$3,590per month ▼ 3.5%

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

Rank in the area9thof 115 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$3,231

2 BR Small Area FMR$3,590

110% of SAFMR$3,949

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

Studio$2,670▼ 2.6%

1 BR$2,930▼ 3.9%

2 BR$3,590▼ 3.5%

3 BR$4,600▼ 3.4%

4 BR$5,440▼ 3.5%

FY2027 FY2026

Where 94708 sits in the Oakland-Fremont, CA area

Of the 115 ZIP codes HUD lists for the area, 94708 has the 9th 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 $3,590 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	$2,670	$2,403 – $2,937	$2,088	$2,740
1 bedroom	$2,930	$2,637 – $3,223	$2,290	$3,050
2 bedrooms	$3,590	$3,231 – $3,949	$2,805	$3,720
3 bedrooms	$4,600	$4,140 – $5,060	$3,592	$4,760
4 bedrooms	$5,440	$4,896 – $5,984	$4,250	$5,640

A household renting a two-bedroom home at the Small Area FMR of $3,590 needs about $143,600 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 94708 lies mainly in Contra Costa County and 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
94707	Berkeley	1.0 mi	$2,850
94709	Berkeley	1.7 mi	$2,820
94706	Albany	2.1 mi	$2,960
94720	Berkeley	2.1 mi	$2,770
94530	El Cerrito	2.4 mi	$2,980
94704	Berkeley	2.5 mi	$2,630

Questions

What is the Fair Market Rent for ZIP code 94708?

HUD's FY2027 Small Area Fair Market Rents for 94708 are $2,670 (studio), $2,930 (1 BR), $3,590 (2 BR), $4,600 (3 BR) and $5,440 (4 BR) a month.

What is the Section 8 payment standard in 94708?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 94708 that range is $3,231 to $3,949 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 94708?

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.