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RentData.org Logo Hanford-Corcoran Fair Market Rent FY 2024 Hanford-Corcoran, CA MSA Rental Data

Fair Market Rent Prices in Hanford-Corcoran, CA :
$1,080 $1,087 $1,371 $1,932 $2,310
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Expensive 40th Percentile Metro Area

Fair Market Rent prices in Hanford-Corcoran are very high compared to the national average. This FMR area is more expensive than 92% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Hanford-Corcoran is $1,371 per month.

The previous year, rent for a two-bedroom home was $1,287 per month. This is a 6.53% increase year-over-year.

This FMR rate applies to Kettleman City, CA, Stratford, CA, Armona, CA, Avenal, CA, Corcoran, CA, Lemoore, CA, Tulare, CA, Hanford, CA and other cities within the region. The Metro Code or CBSA code for this region is METRO25260M25260.

Additionally, This Fair Market Rent (FMR) area Hanford-Corcoran, CA MSA spans one county or city in California which is listed in the table below. Estimated population of Hanford-Corcoran, CA MSA FMR area is 151,090 people based on latest Census data.

Compared to the rest of California, the Hanford-Corcoran FMR area is less expensive than 60% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Hanford-Corcoran. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Hanford-Corcoran

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 1161
1-BR 1-Bedroom $ 1168
2-BR 2-Bedroom $ 1474
3-BR 3-Bedroom $ 2077
4-BR 4-Bedroom $ 2484
Change Year:

There is just one county (listed below) within the Hanford-Corcoran, CA MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Fresno - Visalia.

County / Region Est. Population
Hanford-Corcoran, CA Metro 151,090
Zip Codes in Hanford-Corcoran, CA MSA

There are 10 unique zip codes in this Fair Market Rent (FMR) area:

93202, 93204, 93212, 93230, 93232, 93239, 93245, 93246, 93266 and 93274

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