FY2027 Small Area FMR · Santa Clara, CA
ZIP 95054 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 95054 (Santa Clara, CA) is $4,230 a month, down 4.5% from FY2026. That is 29% above the San Jose-Sunnyvale-Santa Clara, CA area-wide FMR of $3,272.
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 95054 sits in the San Jose-Sunnyvale-Santa Clara, CA area
Of the 106 ZIP codes HUD lists for the area, 95054 has the 3rd highest two-bedroom Small Area FMR. San Jose-Sunnyvale-Santa Clara, CA is one of the 65 metro areas where HUD requires Small Area FMRs for the Housing Choice Voucher program (designated 2023), so local housing agencies must set payment standards from this ZIP code's figure, normally between $3,807 and $4,653 for two bedrooms.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $3,180 | $2,862 – $3,498 | $2,458 | $3,330 |
| 1 bedroom | $3,590 | $3,231 – $3,949 | $2,778 | $3,790 |
| 2 bedrooms | $4,230 | $3,807 – $4,653 | $3,272 | $4,430 |
| 3 bedrooms | $5,680 | $5,112 – $6,248 | $4,396 | $5,850 |
| 4 bedrooms | $6,060 | $5,454 – $6,666 | $4,688 | $6,370 |
A household renting a two-bedroom home at the Small Area FMR of $4,230 needs about $169,200 a year to keep housing costs at 30% of income. The area median family income is $205,500 and the 80% low-income limit for four people is $162,400. ZIP code 95054 lies mainly in Santa Clara County. See the San Jose-Sunnyvale-Santa Clara, CA county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 95054?
HUD's FY2027 Small Area Fair Market Rents for 95054 are $3,180 (studio), $3,590 (1 BR), $4,230 (2 BR), $5,680 (3 BR) and $6,060 (4 BR) a month.
What is the Section 8 payment standard in 95054?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 95054 that range is $3,807 to $4,653 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 95054?
The FY2026 income limits of the San Jose-Sunnyvale-Santa Clara, CA area apply: median family income $205,500, low-income (80%) limit $162,400 for a family of four.