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RentData.org Logo San Jose-Sunnyvale-Santa Clara Fair Market Rent FY 2017 San Jose-Sunnyvale-Santa Clara, CA HUD Metro FMR Area Rental Data

Fair Market Rent Prices in San Jose-Sunnyvale-Santa Clara, CA :
$1,507 $1,773 $2,220 $3,078 $3,545
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 San Jose-Sunnyvale-Santa Clara are very high compared to the national average. This FMR area is more expensive than 99% of other FMR areas. Fair Market Rent for a two-bedroom apartment in San Jose-Sunnyvale-Santa Clara is $2,220 per month.

The previous year, rent for a two-bedroom home was $1,994 per month. This is a 11.33% increase year-over-year.

This FMR rate applies to Mount Hamilton, CA, Coyote, CA, Redwood Estates, CA, Holy City, CA, Milpitas, CA, Alviso, CA, Stanford, CA, San Martin, CA, Saratoga, CA, Morgan Hill, CA and other cities within the region. The Metro Code or CBSA code for this region is METRO41940M41940.

Additionally, This Fair Market Rent (FMR) area San Jose-Sunnyvale-Santa Clara, CA HUD Metro FMR Area spans one county or city in California which is listed in the table below. Estimated population of San Jose-Sunnyvale-Santa Clara, CA HUD Metro FMR Area FMR area is 1,781,642 people based on 2010 Census data.

Compared to the rest of California, the San Jose-Sunnyvale-Santa Clara FMR area is more expensive than 96% 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 San Jose-Sunnyvale-Santa Clara. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in San Jose-Sunnyvale-Santa Clara

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 $ 1641
1-BR 1-Bedroom $ 1931
2-BR 2-Bedroom $ 2418
3-BR 3-Bedroom $ 3353
4-BR 4-Bedroom $ 3861
Change Year:

There is just one county (listed below) within the San Jose-Sunnyvale-Santa Clara, CA HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: San Francisco - Oak - San Jose and Monterey - Salinas.

County / Region Est. Population
Santa Clara County, CA Metro 1,781,642
Zip Codes in San Jose-Sunnyvale-Santa Clara, CA HUD Metro FMR Area

There are 99 unique zip codes in this Fair Market Rent (FMR) area:

94022, 94023, 94024, 94035, 94039, 94040, 94041, 94042, 94043, 94085, 94086, 94087, 94088, 94089, 94301, 94302, 94304, 94305, 94306, 95002, 95008, 95009, 95011, 95013, 95014, 95015, 95020, 95021, 95026, 95030, 95031, 95032, 95033, 95036, 95037, 95038, 95044, 95046, 95050, 95051, 95052, 95054, 95055, 95056, 95070, 95071, 95101, 95103, 95106, 95108, 95109, 95110, 95111, 95112, 95113, 95116, 95117, 95118, 95119, 95120, 95121, 95122, 95123, 95124, 95125, 95126, 95127, 95128, 95129, 95130, 95131, 95132, 95133, 95134, 95135, 95136, 95138, 95139, 95140, 95141, 95148, 95150, 95151, 95152, 95153, 95154, 95155, 95156, 95157, 95158, 95159, 95160, 95161, 95164, 95170, 95172, 95173, 95191 and 95192

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