California · FIPS 06053 · HUD FY 2027
Monterey County, California Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Monterey County is $2,416 a month (rent plus utilities), 8% below the California average of $2,632 and 37% above the U.S. average of $1,761. That is down $268 (10.0%) from FY 2026. At 30% of income, a household needs about $96,640 a year to afford it.
- $2,4162-bedroom FMR−$268 (−10.0%) vs FY 2026
- $2,0091-bedroom FMRCalifornia: $2,151 · U.S.: $1,478
- $96,640Income for a 2-bedroom$46/hour full-time
- 17 of 582BR rank in California1 = highest rent
| Unit | Monterey County FY 2027 | FY 2026 | Change | California avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $1,956 | $2,173 | −$217 (−10.0%) | $1,986 | $1,379 | $78,240 |
| 1 bedroom | $2,009 | $2,232 | −$223 (−10.0%) | $2,151 | $1,478 | $80,360 |
| 2 bedrooms | $2,416 | $2,684 | −$268 (−10.0%) | $2,632 | $1,761 | $96,640 |
| 3 bedrooms | $3,261 | $3,623 | −$362 (−10.0%) | $3,457 | $2,266 | $130,440 |
| 4 bedrooms | $3,551 | $3,945 | −$394 (−10.0%) | $3,986 | $2,607 | $142,040 |
How Monterey County compares
- HUD sets this rent for the Salinas, CA metro FMR area, which covers 437,613 residents in 1 county.
- Across California, 2-bedroom FMRs run from $1,084 (Modoc County) to $4,254 (Santa Cruz County).
- Studio to 4-bedroom: $1,956, $2,009, $2,416, $3,261, $3,551. 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 31 ZIP codes mostly in Monterey County (by land area), the 2-bedroom figure ranges from $2,430 to $3,420.
Small Area FMRs by ZIP code in Monterey County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 93426 | $1,970 | $2,020 | $2,430 | $3,270 | $3,700 | −$260 (−9.7%) | 1% above |
| 93450 | $1,970 | $2,020 | $2,430 | $3,270 | $3,560 | −$260 (−9.7%) | 1% above |
| 93451 | $1,970 | $2,020 | $2,590 | $3,450 | $3,960 | −$100 (−3.7%) | 7% above |
| 93901 | $1,970 | $2,020 | $2,430 | $3,270 | $3,560 | −$260 (−9.7%) | 1% above |
| 93905 | $1,970 | $2,020 | $2,430 | $3,270 | $3,560 | −$260 (−9.7%) | 1% above |
| 93906 | $2,030 | $2,080 | $2,510 | $3,380 | $3,680 | −$270 (−9.7%) | 4% above |
| 93907 | $2,070 | $2,150 | $2,540 | $3,420 | $3,730 | −$280 (−9.9%) | 5% above |
| 93908 | $2,570 | $2,600 | $3,160 | $4,380 | $4,820 | −$350 (−10.0%) | 31% above |
| 93920 | $1,970 | $2,020 | $2,430 | $3,270 | $3,560 | −$260 (−9.7%) | 1% above |
| 93921 | $2,770 | $2,890 | $3,420 | $4,490 | $4,890 | −$370 (−9.8%) | 42% above |
| 93923 | $2,220 | $2,310 | $2,740 | $3,690 | $4,020 | −$300 (−9.9%) | 13% above |
| 93924 | $2,160 | $2,220 | $2,680 | $3,600 | $3,920 | −$290 (−9.8%) | 11% above |
| 93925 | $1,990 | $2,020 | $2,620 | $3,550 | $3,780 | −$70 (−2.6%) | 8% above |
| 93926 | $1,970 | $2,020 | $2,430 | $3,270 | $3,560 | −$260 (−9.7%) | 1% above |
| 93927 | $1,970 | $2,020 | $2,430 | $3,270 | $3,560 | −$260 (−9.7%) | 1% above |
| 93928 | $1,970 | $2,020 | $2,430 | $3,270 | $3,560 | −$260 (−9.7%) | 1% above |
| 93930 | $1,990 | $2,020 | $2,620 | $3,550 | $3,780 | −$70 (−2.6%) | 8% above |
| 93932 | $1,970 | $2,020 | $2,430 | $3,270 | $3,560 | −$260 (−9.7%) | 1% above |
| 93933 | $1,970 | $2,020 | $2,430 | $3,270 | $3,560 | −$260 (−9.7%) | 1% above |
| 93940 | $2,340 | $2,410 | $2,890 | $3,890 | $4,240 | −$320 (−10.0%) | 20% above |
| 93943 | $2,200 | $2,360 | $2,790 | $3,590 | $3,820 | −$50 (−1.8%) | 15% above |
| 93944 | $2,430 | $2,490 | $3,000 | $4,040 | $4,400 | −$330 (−9.9%) | 24% above |
| 93950 | $2,600 | $2,670 | $3,210 | $4,320 | $4,710 | −$350 (−9.8%) | 33% above |
| 93953 | $2,570 | $2,600 | $3,160 | $4,380 | $4,820 | −$350 (−10.0%) | 31% above |
| 93954 | $1,970 | $2,020 | $2,430 | $3,270 | $3,560 | −$260 (−9.7%) | 1% above |
| 93955 | $2,070 | $2,120 | $2,550 | $3,440 | $3,750 | −$280 (−9.9%) | 6% above |
| 93960 | $1,970 | $2,020 | $2,430 | $3,270 | $3,560 | −$260 (−9.7%) | 1% above |
| 93962 | $2,570 | $2,600 | $3,160 | $4,380 | $4,820 | −$350 (−10.0%) | 31% above |
| 95004 | $2,420 | $2,510 | $3,140 | $4,220 | $4,570 | +$190 (+6.4%) | 30% above |
| 95012 | $1,970 | $2,020 | $2,430 | $3,270 | $3,560 | −$260 (−9.7%) | 1% above |
| 95039 | $1,970 | $2,020 | $2,430 | $3,270 | $3,560 | −$260 (−9.7%) | 1% 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.