What is the Fair Market Rent in Santa Monica, CA?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $3,550 to $4,250 a month across the 5 ZIP codes that cover Santa Monica.
By ZIP code: 90401 $4,160, 90403 $4,250, 90404 $3,550, 90405 $3,840, 90402 $3,950.
Across the whole Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area the two-bedroom figure is $2,964.
The Census Bureau’s median gross rent for a two-bedroom home in Santa Monica is $2,834 (±$155), below the Small Area figure for ZIP 90401.
Figures last updated on .
- 2 bedrooms, whole area
- $2,964
- 2 bedrooms, ZIP 90401
- $4,160
- 2 bedrooms, ZIP 90403
- $4,250
- 2 bedrooms, ZIP 90404
- $3,550
Fair Market Rents for Santa Monica, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms | Census median rent | |
|---|---|---|---|---|---|---|
| Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area (whole area) | $2,151 | $2,402 | $2,964 | $3,760 | $4,208 | — |
| ZIP 90401 | $3,020 | $3,370 | $4,160 | $5,280 | $5,910 | $2,477 |
| ZIP 90403 | $3,080 | $3,440 | $4,250 | $5,390 | $6,030 | $2,463 |
| ZIP 90404 | $2,580 | $2,880 | $3,550 | $4,500 | $5,040 | $2,239 |
| ZIP 90405 | $2,790 | $3,110 | $3,840 | $4,870 | $5,450 | $2,417 |
| ZIP 90402 (73% of the ZIP’s land is in this place) | $2,870 | $3,200 | $3,950 | $5,010 | $5,610 | $2,691 |
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.
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Questions about Santa Monica
What is the Section 8 payment standard in Santa Monica?
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 Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area is $2,964, and the Small Area figure for 90401 is $4,160.
What is the Fair Market Rent for a two-bedroom in ZIP 90401?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 90401 is $4,160 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $2,477 (±$262).
What is the Fair Market Rent for a two-bedroom in ZIP 90403?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 90403 is $4,250 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $2,463 (±$155).
What is the Fair Market Rent for a two-bedroom in ZIP 90404?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 90404 is $3,550 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $2,239 (±$132).
What is the Fair Market Rent for a one-bedroom in Santa Monica?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 90401 is $3,370 a month, against $2,402 across the Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area.
Sources
- HUD Fair Market Rents, fiscal year 2027: Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
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.
Figures last updated on .
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