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FY2017 Hypothetical Small Area FMRs For Monterey County, CA

In metropolitan areas, HUD defines Small Areas using ZIP Codes within the metropolitan area. Using ZIP codes as the basis for FMRs provides tenants with greater ability to move into ?Opportunity Neighborhoods? with jobs, public transportation, and good schools. They also provide for multiple payment standards within a metropolitan area, and they are likely to reduce need for extensive market area rent reasonableness studies. Lastly, HUD hopes that setting FMRs for each ZIP code will reduce overpayment in lower-rent areas.

Monterey County is part of the Salinas, CA MSA.

Monterey County, CA Hypothetical Small Area FMRs By Unit Bedrooms
ZIP Code Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom ZIP/CBSA Ratio
93210 $950 $1,130 $1,410 $2,050 $2,200 0.998
93426 $770 $900 $1,140 $1,660 $1,820 0.819
93450 $580 $700 $870 $1,270 $1,350 0.612
93451 $840 $960 $1,240 $1,810 $2,140 0.940
93461 $880 $1,000 $1,300 $1,890 $2,270 0.991
93901 $820 $980 $1,230 $1,790 $1,910 0.869
93902 $950 $1,130 $1,410 $2,050 $2,200 0.998
93905 $820 $980 $1,230 $1,790 $1,910 0.865
93906 $950 $1,140 $1,420 $2,070 $2,210 1.005
93907 $1,030 $1,220 $1,530 $2,230 $2,380 1.081
93908 $1,430 $1,700 $2,130 $3,100 $3,320 2.026
93912 $950 $1,130 $1,410 $2,050 $2,200 0.998
93915 $950 $1,130 $1,410 $2,050 $2,200 0.998
93920 $760 $900 $1,130 $1,640 $1,760 0.795
93921 $1,130 $1,350 $1,690 $2,460 $2,630 1.190
93922 $950 $1,130 $1,410 $2,050 $2,200 0.998
93923 $1,430 $1,700 $2,130 $3,100 $3,320 1.583
93924 $1,430 $1,700 $2,130 $3,100 $3,320 1.514
93925 $660 $790 $990 $1,440 $1,540 0.702
93926 $940 $1,120 $1,400 $2,040 $2,180 0.985
93927 $890 $1,060 $1,320 $1,920 $2,050 0.930
93928 $830 $990 $1,240 $1,810 $1,930 0.876
93930 $790 $940 $1,180 $1,720 $1,840 0.834
93932 $980 $1,170 $1,460 $2,130 $2,270 1.032
93933 $910 $1,080 $1,350 $1,970 $2,100 0.950
93940 $1,090 $1,300 $1,630 $2,370 $2,540 1.151
93942 $950 $1,130 $1,410 $2,050 $2,200 0.998
93943 $950 $1,130 $1,410 $2,050 $2,200 0.998
93944 $950 $1,130 $1,410 $2,050 $2,200 0.998
93950 $1,120 $1,330 $1,670 $2,430 $2,600 1.176
93953 $1,430 $1,700 $2,130 $3,100 $3,320 2.316
93954 $860 $1,020 $1,280 $1,860 $1,990 0.904
93955 $1,150 $1,370 $1,710 $2,490 $2,660 1.206
93960 $820 $980 $1,220 $1,780 $1,900 0.859
93962 $950 $1,130 $1,410 $2,050 $2,200 0.998
95004 $1,090 $1,300 $1,620 $2,310 $2,550 0.952
95012 $800 $950 $1,190 $1,730 $1,850 0.839
95039 $890 $1,060 $1,320 $1,920 $2,050 0.933
95076 $1,010 $1,190 $1,570 $2,120 $2,360 0.891

* Small Area FMRs presented with an asterisk are calculated in accordance with the Guidance For Preparing Comments on Small Area FMRs available at here.

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