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Fair market rents · FY2026

San Mateo County Fair Market Rents

HUD Fair Market Rents for San Mateo County, California — a fiscal-year 2026 2-bedroom FMR of $3,604 per month, the payment-standard basis for Section 8 vouchers, with every unit size and a four-year trend.

$2,485
Studio · FY2026
$2,977
1 bedroom · FY2026
$3,604
2 bedroom · FY2026
$4,604
3 bedroom · FY2026
Unit sizeFair market rent (FY2026)
Studio (0 BR)$2,485
1 bedroom$2,977
2 bedroom$3,604
3 bedroom$4,604
4 bedroom$4,772
2-bedroom fair market rent, by fiscal yearFY2023 – FY2026
$3,188FY23$3,359FY24$3,318FY25$3,604FY26

Fair Market Rent (FMR) is HUD's estimate of the monthly rent (including utilities except telephone, cable, and internet) for a modest unit — set at roughly the 40th percentile of area rents — and is the basis for Housing Choice Voucher (Section 8) payment standards. It is a standard, not the average rent people actually pay.

What do homes sell for here? Median home-sale prices, inventory and homes sold in San Mateo County — monthly since 2017, provided by Redfin, a national real estate brokerage. See the San Mateo County housing market →

San Mateo County fair market rents — FAQ

What is the fair market rent in San Mateo County?+

For fiscal year 2026, HUD's Fair Market Rents in San Mateo County, California are $2,485 for a studio, $2,977 for a 1-bedroom, $3,604 for a 2-bedroom, $4,604 for a 3-bedroom, and $4,772 for a 4-bedroom.

What is Fair Market Rent used for?+

HUD Fair Market Rents set the payment standards for the Housing Choice Voucher (Section 8) program and other HUD programs. They estimate the rent (including most utilities) for a modest unit at about the 40th percentile of area rents — a benchmark, not the average rent actually paid.

Where does this data come from?+

Figures are HUD's published Fair Market Rents (U.S. Department of Housing and Urban Development), public-domain data. pumsdata is independent and not affiliated with HUD.