FY2027 Small Area FMR · Carnelian Bay, CA

ZIP 96140 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 96140 (Carnelian Bay, CA) is $2,360 a month, down 6.3% from FY2026. That is 7% above the Sacramento--Roseville--Arden-Arcade, CA area-wide FMR of $2,201.

2-bedroom SAFMR$2,360per month ▼ 6.3%

Area-wide 2 BR FMR$2,201Sacramento--Roseville--Arden

Rank in the area44thof 130 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,124

2 BR Small Area FMR$2,360

110% of SAFMR$2,596

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

Studio$1,770▼ 9.2%

1 BR$1,870▼ 8.8%

2 BR$2,360▼ 6.3%

3 BR$3,170▼ 5.4%

4 BR$3,730▼ 3.6%

FY2027 FY2026

Where 96140 sits in the Sacramento--Roseville--Arden-Arcade, CA area

Of the 130 ZIP codes HUD lists for the area, 96140 has the 44th highest two-bedroom Small Area FMR. Sacramento--Roseville--Arden-Arcade, CA is one of the 65 metro areas where HUD requires Small Area FMRs for the Housing Choice Voucher program (designated 2016), so local housing agencies must set payment standards from this ZIP code's figure, normally between $2,124 and $2,596 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,770	$1,593 – $1,947	$1,742	$1,950
1 bedroom	$1,870	$1,683 – $2,057	$1,793	$2,050
2 bedrooms	$2,360	$2,124 – $2,596	$2,201	$2,520
3 bedrooms	$3,170	$2,853 – $3,487	$2,887	$3,350
4 bedrooms	$3,730	$3,357 – $4,103	$3,329	$3,870

A household renting a two-bedroom home at the Small Area FMR of $2,360 needs about $94,400 a year to keep housing costs at 30% of income. The area median family income is $124,000 and the 80% low-income limit for four people is $105,100. ZIP code 96140 lies mainly in Placer County. See the Sacramento--Roseville--Arden-Arcade, CA metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
95604	Auburn	1.5 mi	$2,520
96148	Tahoe Vista	2.3 mi	$1,750
96143	Kings Beach	4.3 mi	$1,590
89402	Crystal Bay	5.1 mi	$2,180
96145	Tahoe City	7.0 mi	$2,320
96146	Olympic Valley	7.9 mi	$2,650

Questions

What is the Fair Market Rent for ZIP code 96140?

HUD's FY2027 Small Area Fair Market Rents for 96140 are $1,770 (studio), $1,870 (1 BR), $2,360 (2 BR), $3,170 (3 BR) and $3,730 (4 BR) a month.

What is the Section 8 payment standard in 96140?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 96140 that range is $2,124 to $2,596 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 96140?

The FY2026 income limits of the Sacramento--Roseville--Arden-Arcade, CA area apply: median family income $124,000, low-income (80%) limit $105,100 for a family of four.