FY2027 Small Area FMR · Ocean View, HI

ZIP 96737 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 96737 (Ocean View, HI) is $2,280 a month, up 5.1% from FY2026. That is 10% above the Hawaii County, HI area-wide FMR of $2,081.

2-bedroom SAFMR$2,280per month ▲ 5.1%

Area-wide 2 BR FMR$2,081Hawaii County, HI

Rank in the area8thof 32 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,052

2 BR Small Area FMR$2,280

110% of SAFMR$2,508

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

Studio$1,760▲ 6.0%

1 BR$1,770▲ 6.0%

2 BR$2,280▲ 5.1%

3 BR$2,880▲ 5.1%

4 BR$3,190▲ 0.9%

FY2027 FY2026

Where 96737 sits in the Hawaii County, HI area

Of the 32 ZIP codes HUD lists for the area, 96737 has the 8th highest two-bedroom Small Area FMR. Hawaii County, HI 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 $2,081 for two bedrooms; an agency that opts in to Small Area FMRs would use $2,280 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	$1,760	$1,584 – $1,936	$1,605	$1,660
1 bedroom	$1,770	$1,593 – $1,947	$1,615	$1,670
2 bedrooms	$2,280	$2,052 – $2,508	$2,081	$2,170
3 bedrooms	$2,880	$2,592 – $3,168	$2,620	$2,740
4 bedrooms	$3,190	$2,871 – $3,509	$2,910	$3,160

A household renting a two-bedroom home at the Small Area FMR of $2,280 needs about $91,200 a year to keep housing costs at 30% of income. The area median family income is $98,300 and the 80% low-income limit for four people is $96,800. ZIP code 96737 lies mainly in Hawaii County. See the Hawaii County, HI county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
96772	Naalehu	12.0 mi	$1,990
96704	Captain Cook	19.2 mi	$2,650
96777	Pahala	24.7 mi	$1,990
96726	Honaunau	25.3 mi	$2,650
96750	Kealakekua	32.6 mi	$1,870
96785	Volcano	36.2 mi	$1,870

Questions

What is the Fair Market Rent for ZIP code 96737?

HUD's FY2027 Small Area Fair Market Rents for 96737 are $1,760 (studio), $1,770 (1 BR), $2,280 (2 BR), $2,880 (3 BR) and $3,190 (4 BR) a month.

What is the Section 8 payment standard in 96737?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 96737 that range is $2,052 to $2,508 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 96737?

The FY2026 income limits of the Hawaii County, HI area apply: median family income $98,300, low-income (80%) limit $96,800 for a family of four.