California · FIPS 06081 · HUD FY 2027
San Mateo County, California Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in San Mateo County is $3,697 a month (rent plus utilities), 40% above the California average of $2,632 and 110% above the U.S. average of $1,761. That is up $93 (2.6%) from FY 2026. At 30% of income, a household needs about $147,880 a year to afford it.
- $3,6972-bedroom FMR+$93 (+2.6%) vs FY 2026
- $3,0031-bedroom FMRCalifornia: $2,151 · U.S.: $1,478
- $147,880Income for a 2-bedroom$71/hour full-time
- 2 of 582BR rank in California1 = highest rent
| Unit | San Mateo County FY 2027 | FY 2026 | Change | California avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $2,574 | $2,485 | +$89 (+3.6%) | $1,986 | $1,379 | $102,960 |
| 1 bedroom | $3,003 | $2,977 | +$26 (+0.9%) | $2,151 | $1,478 | $120,120 |
| 2 bedrooms | $3,697 | $3,604 | +$93 (+2.6%) | $2,632 | $1,761 | $147,880 |
| 3 bedrooms | $4,832 | $4,604 | +$228 (+5.0%) | $3,457 | $2,266 | $193,280 |
| 4 bedrooms | $5,439 | $4,772 | +$667 (+14.0%) | $3,986 | $2,607 | $217,560 |
How San Mateo County compares
- HUD sets this rent for the San Francisco, CA metro FMR area, which covers 1,830,544 residents in 3 counties.
- Across California, 2-bedroom FMRs run from $1,084 (Modoc County) to $4,254 (Santa Cruz County).
- Studio to 4-bedroom: $2,574, $3,003, $3,697, $4,832, $5,439. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 30 ZIP codes mostly in San Mateo County (by land area), the 2-bedroom figure ranges from $3,250 to $5,050.
Small Area FMRs by ZIP code in San Mateo County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 94002 | $2,740 | $3,200 | $3,940 | $5,150 | $5,800 | −$10 (−0.3%) | 7% above |
| 94005 | $2,470 | $2,880 | $3,540 | $4,630 | $5,210 | +$70 (+2.0%) | 4% below |
| 94010 | $2,700 | $3,150 | $3,880 | $5,070 | $5,710 | +$220 (+6.0%) | 5% above |
| 94014 | $2,240 | $2,680 | $3,250 | $4,150 | $4,380 | +$260 (+8.7%) | 12% below |
| 94015 | $2,650 | $3,090 | $3,800 | $4,970 | $5,590 | +$50 (+1.3%) | 3% above |
| 94018 | $2,310 | $2,700 | $3,320 | $4,340 | $4,880 | +$50 (+1.5%) | 10% below |
| 94019 | $2,310 | $2,700 | $3,320 | $4,340 | $4,880 | +$150 (+4.7%) | 10% below |
| 94020 | $2,980 | $3,320 | $4,100 | $5,370 | $5,830 | +$70 (+1.7%) | 11% above |
| 94021 | $2,740 | $3,190 | $3,930 | $5,140 | $5,780 | +$60 (+1.6%) | 6% above |
| 94025 | $2,990 | $3,490 | $4,290 | $5,610 | $6,310 | +$80 (+1.9%) | 16% above |
| 94027 | $2,900 | $3,380 | $4,160 | $5,440 | $6,110 | +$80 (+2.0%) | 13% above |
| 94028 | $2,700 | $3,120 | $3,790 | $5,000 | $5,540 | −$30 (−0.8%) | 3% above |
| 94030 | $3,110 | $3,620 | $4,460 | $5,830 | $6,560 | +$80 (+1.8%) | 21% above |
| 94037 | $2,900 | $3,390 | $4,170 | $5,450 | $6,130 | +$80 (+2.0%) | 13% above |
| 94038 | $2,310 | $2,700 | $3,320 | $4,340 | $4,880 | +$150 (+4.7%) | 10% below |
| 94044 | $2,900 | $3,390 | $4,170 | $5,450 | $6,130 | +$80 (+2.0%) | 13% above |
| 94060 | $2,870 | $3,190 | $3,930 | $5,140 | $5,780 | +$60 (+1.6%) | 6% above |
| 94061 | $2,650 | $3,100 | $3,810 | $4,980 | $5,600 | +$10 (+0.3%) | 3% above |
| 94062 | $2,690 | $3,140 | $3,870 | $5,060 | $5,690 | +$100 (+2.7%) | 5% above |
| 94063 | $2,680 | $3,130 | $3,850 | $5,030 | $5,660 | +$150 (+4.1%) | 4% above |
| 94065 | $3,040 | $3,550 | $4,370 | $5,710 | $6,430 | −$10 (−0.2%) | 18% above |
| 94066 | $2,490 | $2,910 | $3,580 | $4,680 | $5,270 | +$60 (+1.7%) | 3% below |
| 94070 | $2,670 | $3,120 | $3,840 | $5,020 | $5,650 | −$110 (−2.8%) | 4% above |
| 94074 | $2,510 | $2,930 | $3,600 | $4,710 | $5,300 | +$120 (+3.4%) | 3% below |
| 94080 | $2,530 | $2,960 | $3,640 | $4,760 | $5,350 | +$110 (+3.1%) | 2% below |
| 94128 | $2,740 | $3,190 | $3,930 | $5,140 | $5,780 | +$60 (+1.6%) | 6% above |
| 94401 | $2,490 | $2,910 | $3,580 | $4,680 | $5,270 | +$160 (+4.7%) | 3% below |
| 94402 | $2,810 | $3,360 | $4,070 | $5,200 | $5,800 | −$450 (−10.0%) | 10% above |
| 94403 | $3,130 | $3,650 | $4,490 | $5,870 | $6,610 | +$50 (+1.1%) | 21% above |
| 94404 | $3,520 | $4,100 | $5,050 | $6,600 | $7,430 | +$40 (+0.8%) | 37% above |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.