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FY2017 Hypothetical Small Area FMRs For San Mateo 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.

San Mateo County is part of the San Francisco-Oakland-Hayward, CA MSA.

San Mateo County, CA Hypothetical Small Area FMRs By Unit Bedrooms
ZIP Code Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom ZIP/CBSA Ratio
94002 $1,720 $2,040 $2,490 $3,340 $3,980 1.089
94005 $1,520 $1,800 $2,200 $2,950 $3,520 0.963
94010 $1,670 $1,970 $2,410 $3,230 $3,860 1.054
94011 $1,760 $2,080 $2,540 $3,400 $4,060 1.109
94014 $1,580 $1,880 $2,290 $3,070 $3,660 1.000
94015 $1,750 $2,070 $2,530 $3,390 $4,050 1.106
94017 $1,760 $2,080 $2,540 $3,400 $4,060 1.109
94018 $1,760 $2,080 $2,540 $3,400 $4,060 1.109
94019 $1,780 $2,100 $2,570 $3,440 $4,110 1.124
94020 $1,590 $1,880 $2,300 $3,080 $3,680 1.007
94021 $1,760 $2,080 $2,540 $3,400 $4,060 1.109
94025 $1,960 $2,330 $2,840 $3,800 $4,540 1.241
94026 $1,760 $2,080 $2,540 $3,400 $4,060 1.109
94027 $3,130 $3,710 $4,530 $6,070 $7,250 2.012
94028 $1,760 $2,080 $2,540 $3,410 $4,060 1.105
94030 $1,850 $2,190 $2,670 $3,580 $4,270 1.170
94037 $2,560 $3,030 $3,700 $4,960 $5,920 1.619
94038 $3,060 $3,630 $4,430 $5,930 $7,090 1.936
94044 $1,900 $2,250 $2,750 $3,680 $4,400 1.201
94060 $1,060 $1,250 $1,530 $2,050 $2,450 0.669
94061 $1,700 $2,010 $2,460 $3,300 $3,940 1.074
94062 $1,600 $1,900 $2,320 $3,110 $3,710 1.017
94063 $1,440 $1,710 $2,090 $2,800 $3,340 0.914
94064 $1,760 $2,080 $2,540 $3,400 $4,060 1.109
94065 $3,130 $3,710 $4,530 $6,070 $7,250 2.045
94066 $1,770 $2,100 $2,560 $3,430 $4,100 1.118
94070 $1,710 $2,030 $2,480 $3,320 $3,970 1.084
94074 $1,760 $2,080 $2,540 $3,400 $4,060 1.109
94080 $1,650 $1,950 $2,380 $3,190 $3,810 1.040
94083 $1,760 $2,080 $2,540 $3,400 $4,060 1.109
94125 $1,760 $2,080 $2,540 $3,400 $4,060 1.109
94128 $1,760 $2,080 $2,540 $3,400 $4,060 1.109
94303 $1,740 $2,060 $2,530 $3,420 $4,040 1.022
94401 $1,670 $1,980 $2,420 $3,240 $3,870 1.058
94402 $1,710 $2,030 $2,480 $3,320 $3,970 1.084
94403 $1,960 $2,320 $2,830 $3,790 $4,530 1.239
94404 $3,130 $3,710 $4,530 $6,070 $7,250 2.114

* 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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