HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Placer County, California (FY 2027)
A two-bedroom in Placer County carries a FY 2027 Fair Market Rent of $2,201 a month, effective October 1, 2026 through September 30, 2027. Everything Section 8 pays in Placer keys off that figure.
Two-bedroom FMR
$2,201
-2.4% from FY 2026
Payment standard
$1,981–$2,421
90% to 110% of the FMR, two-bedroom
Income to afford
$88,040
a year, with rent at 30% of income
Rank in California
20th of 58
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $1,742 | $1,568–$1,916 | $69,680 | $33.50/hr | -0.3% |
| 1 bedroom | $1,793 | $1,614–$1,972 | $71,720 | $34.48/hr | -2.1% |
| 2 bedroom | $2,201 | $1,981–$2,421 | $88,040 | $42.33/hr | -2.4% |
| 3 bedroom | $2,887 | $2,598–$3,176 | $115,480 | $55.52/hr | -3.8% |
| 4 bedroom | $3,329 | $2,996–$3,662 | $133,160 | $64.02/hr | -3.8% |
Five to eight bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $3,828 | $3,445–$4,211 |
| 6 bedroom Estimate | $4,328 | $3,895–$4,761 |
| 7 bedroom Estimate | $4,827 | $4,344–$5,310 |
| 8 bedroom Estimate | $5,326 | $4,793–$5,859 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in Placer actually rent for?
Search any address in Placer for a rent estimate built from nearby comps, with the HUD figure right next to it.
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What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Placer somewhere between $1,981 and $2,421. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$2,201 a month is affordable, by HUD's 30% rule, on an income of roughly $88,040 a year. Put another way, $42 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$1,981 | Voucher pays at 100%$2,201 | Voucher pays at 110%$2,421 |
|---|---|---|---|---|
| $2,500 | $750 | $1,231 | $1,451 | $1,671 |
| $4,000 | $1,200 | $781 | $1,001 | $1,221 |
Rate history
The two-bedroom rate went down 2% from FY 2026 ($2,255) to FY 2027 ($2,201). Since FY 2020 it's up 63% in total, about 7.2% a year. The California median moved up 2% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $952 | $1,072 | $1,349 | $1,946 | $2,368 | — |
| FY 2021 | $1,060 | $1,188 | $1,495 | $2,140 | $2,588 | +10.8% |
| FY 2022 | $1,108 | $1,228 | $1,543 | $2,192 | $2,625 | +3.2% |
| FY 2023 | $1,277 | $1,400 | $1,756 | $2,496 | $2,907 | +13.8% |
| FY 2024 | $1,543 | $1,666 | $2,072 | $2,884 | $3,321 | +18.0% |
| FY 2025 | $1,679 | $1,777 | $2,206 | $2,992 | $3,455 | +6.5% |
| FY 2026 | $1,748 | $1,832 | $2,255 | $3,002 | $3,460 | +2.2% |
| FY 2027In effect | $1,742 | $1,793 | $2,201 | $2,887 | $3,329 | -2.4% |
About this rate
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2027 that's October 1, 2026 through September 30, 2027. In Placer, that runs from $1,742 for a studio up to $3,329 for four bedrooms, all five rates in the table above.
This is a metro rate. The county doesn't get one of its own. HUD lumps Placer in with 2 other counties in the Sacramento--Roseville--Arden-Arcade metro, Sacramento County, El Dorado County among them, and every one of them gets $2,201 for a two-bedroom. Where you are inside the metro doesn't change the county number. It does change the ZIP number, covered below.
Among California's 58 counties, Placer ranks 20th for two-bedroom FMR. That's about 28% above the state median of $1,725 and about 107% above the national median county at $1,063. About 419,156 people live here, 22nd in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,590 in 96143 (Kings Beach) and $3,300 in 95746 (Granite Bay), with the 29 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 95602 | Auburn | $2,070 | -6.0% |
| 95603 | Auburn | $1,870 | -15.0% |
| 95604 | Auburn | $2,520 | +14.5% |
| 95631 | Foresthill | $2,170 | -1.4% |
| 95648 | Lincoln | $2,620 | +19.0% |
| 95650 | Loomis | $2,220 | +0.9% |
| 95658 | Newcastle | $2,290 | +4.0% |
| 95661 | Roseville | $2,530 | +14.9% |
| 95663 | Penryn | $2,250 | +2.2% |
| 95677 | Rocklin | $2,690 | +22.2% |
| 95678 | Roseville | $2,650 | +20.4% |
| 95681 | Sheridan | $2,390 | +8.6% |
| 95701 | Alta | $2,520 | +14.5% |
| 95703 | Applegate | $1,680 | -23.7% |
| 95713 | Colfax | $1,930 | -12.3% |
| 95714 | Dutch Flat | $1,610 | -26.9% |
| 95715 | Emigrant Gap | $2,520 | +14.5% |
| 95717 | Gold Run | $1,880 | -14.6% |
| 95722 | Meadow Vista | $2,350 | +6.8% |
| 95736 | Weimar | $2,680 | +21.8% |
| 95746 | Granite Bay | $3,300 | +49.9% |
| 95747 | Roseville | $2,730 | +24.0% |
| 95765 | Rocklin | $2,850 | +29.5% |
| 96140 | Carnelian Bay | $2,360 | +7.2% |
| 96141 | Homewood | $2,940 | +33.6% |
| 96143 | Kings Beach | $1,590 | -27.8% |
| 96145 | Tahoe City | $2,320 | +5.4% |
| 96146 | Olympic Valley | $2,650 | +20.4% |
| 96148 | Tahoe Vista | $1,750 | -20.5% |
Counties sharing the Sacramento--Roseville--Arden-Arcade metro rate
HUD sets one rate for the whole metro, so every county here carries the same $2,201 two-bedroom figure as Placer.
Nearby counties
Two-bedroom FMR, with how each compares to Placer.
Nevada County
20 mi · 102,481 people
$1,885
-14%
El Dorado County
24 mi · 192,662 people
$2,201
same rate
Yuba County
32 mi · 84,507 people
$1,600
-27%
Amador County
39 mi · 41,428 people
$1,765
-20%
Sutter County
41 mi · 98,857 people
$1,600
-27%
Sierra County
42 mi · 2,746 people
$1,526
-31%
Sacramento County
43 mi · 1,594,006 people
$2,201
same rate
Alpine County
53 mi · 1,616 people
$1,526
-31%
Questions people ask
$2,201 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $1,742 for a studio, $1,793 for one bedroom, $2,887 for three and $3,329 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
Payment standard and tenant share for a specific rent
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords
Rent affordability calculator
The income a household needs for a given rent
What does a rental in Placer actually go for?
HUD's number is one input. Search any address in Placer for a rent estimate built from nearby comps. Free to start, no card.
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