What is the Fair Market Rent in San Martin, CA?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 95046, which covers San Martin, is $2,800 a month.

Across the whole San Jose-Sunnyvale-Santa Clara, CA HUD Metro FMR Area the two-bedroom figure is $3,272.

The Census Bureau’s median gross rent for a two-bedroom home in San Martin is $1,500 (±$357), below the Small Area figure for ZIP 95046.

Figures last updated on November 12, 2026.

2 bedrooms, whole area: $3,272
2 bedrooms, ZIP 95046: $2,800

Fair Market Rents for San Martin, fiscal year 2027

HUD Fair Market Rent, dollars a month (gross rent, including utilities), beside the Census Bureau’s median gross rent for each ZIP code
	Studio	1 bedroom	2 bedrooms	3 bedrooms	4 bedrooms	Census median rent
San Jose-Sunnyvale-Santa Clara, CA HUD Metro FMR Area (whole area)	$2,458	$2,778	$3,272	$4,396	$4,688	—
ZIP 95046 (50% of the ZIP’s land is in this place)	$2,100	$2,380	$2,800	$3,760	$4,010	$2,603

A Fair Market Rent is HUD’s estimate of the gross rent (shelter plus utilities) of a modest rental home in the area.

Whether a housing authority uses the ZIP code (Small Area) figures or the area-wide one depends on whether HUD has designated the area for Small Area FMRs or the authority has opted in; ask the local housing authority which applies.

San Martin is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

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Questions about San Martin

What is the Section 8 payment standard in San Martin?

Housing authorities set payment standards between 90% and 110% of HUD’s Fair Market Rent; for fiscal year 2027, the two-bedroom Fair Market Rent for the San Jose-Sunnyvale-Santa Clara, CA HUD Metro FMR Area is $3,272, and the Small Area figure for 95046 is $2,800.

What is the Fair Market Rent for a two-bedroom in ZIP 95046?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 95046 is $2,800 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $2,603 (±$604).

What is the Fair Market Rent for a one-bedroom in San Martin?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 95046 is $2,380 a month, against $2,778 across the San Jose-Sunnyvale-Santa Clara, CA HUD Metro FMR Area.

Sources

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.