FY2027 Small Area FMR · San Jose, CA
ZIP 95148 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 95148 (San Jose, CA) is $3,670 a month, down 9.4% from FY2026. That is 12% 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 95148 sits in the San Jose-Sunnyvale-Santa Clara, CA area
Of the 106 ZIP codes HUD lists for the area, 95148 has the 19th 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 $3,303 and $4,037 for two bedrooms.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $2,760 | $2,484 – $3,036 | $2,458 | $3,050 |
| 1 bedroom | $3,130 | $2,817 – $3,443 | $2,778 | $3,470 |
| 2 bedrooms | $3,670 | $3,303 – $4,037 | $3,272 | $4,050 |
| 3 bedrooms | $4,930 | $4,437 – $5,423 | $4,396 | $5,350 |
| 4 bedrooms | $5,260 | $4,734 – $5,786 | $4,688 | $5,830 |
A household renting a two-bedroom home at the Small Area FMR of $3,670 needs about $146,800 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 95148 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 95148?
HUD's FY2027 Small Area Fair Market Rents for 95148 are $2,760 (studio), $3,130 (1 BR), $3,670 (2 BR), $4,930 (3 BR) and $5,260 (4 BR) a month.
What is the Section 8 payment standard in 95148?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 95148 that range is $3,303 to $4,037 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 95148?
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.