Monterey County fair market rent FY 2027California, HUD studio to 4 bedrooms
HUD's FY 2027 Fair Market Rent for a two-bedroom home in Monterey County, California is $2,416 a month, effective October 1, 2026: $1,956 for a studio, $2,009 for one bedroom, $3,261 for three and $3,551 for four. It is set for the Salinas, CA MSA. The FY 2026 two-bedroom FMR was $2,684 (-10.0%).
Monterey County Fair Market Rents by bedrooms
| Bedrooms | FY 2027 | FY 2026 | Change | Payment standard basic range |
|---|---|---|---|---|
| Studio | $1,956 | $2,173 | -10.0% | $1,760 to $2,151 |
| 1 bedroom | $2,009 | $2,232 | -10.0% | $1,808 to $2,209 |
| 2 bedrooms | $2,416 | $2,684 | -10.0% | $2,174 to $2,657 |
| 3 bedrooms | $3,261 | $3,623 | -10.0% | $2,934 to $3,587 |
| 4 bedrooms | $3,551 | $3,945 | -10.0% | $3,195 to $3,906 |
Monthly gross rent (rent plus tenant-paid utilities except telephone). FY 2027 runs October 1, 2026 to September 30, 2027. The payment standard basic range is 90 to 110 percent of the FMR (24 CFR 982.503(c)); the local housing agency sets the actual payment standard.
How Monterey County compares
Monterey County's two-bedroom FMR of $2,416 is the 17th highest of 58 counties in California, where the county median is $1,725 and the range $1,084 to $4,254. Across all 3,144 US counties the median two-bedroom FMR is $1,071; Monterey County ranks 66th.
Small Area FMRs and ZIP codes
HUD also publishes Small Area FMRs by ZIP code for metropolitan areas. For the Salinas, CA MSA it lists 38 ZIP codes, with two-bedroom Small Area FMRs from $2,430 to $3,420. This area is not one of HUD's designated Small Area FMR areas, so agencies use the area-wide FMR above unless they opt in.
Look up any ZIP code: fair market rent by ZIP code.
Fair market rents in nearby counties
All California counties · Fair market rents in every state
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Check a Monterey County property
HeritageDeed does not search title records in Monterey County yet; the counties it covers are listed under title search coverage, where a title report is $49 per report. For any US address, the Environmental Records Report lists Superfund, hazardous waste, leaking tank and brownfield sites nearby, with the flood zone.
Questions about Monterey County fair market rent
What is the fair market rent in Monterey County for FY 2027?
$1,956 for a studio, $2,009 for one bedroom, $2,416 for two, $3,261 for three and $3,551 for four bedrooms a month. FY 2027 runs from October 1, 2026 to September 30, 2027.
What was the fair market rent in Monterey County for FY 2026?
$2,173 for a studio, $2,232 for one bedroom, $2,684 for two, $3,623 for three and $3,945 for four bedrooms (FY 2026, October 1, 2025 to September 30, 2026).
What is the Section 8 voucher amount for a 2 bedroom in Monterey County?
The housing agency sets a payment standard, usually within the basic range of 90 to 110 percent of the FMR: $2,174 to $2,657 for two bedrooms here. The voucher then pays the lower of the payment standard or the gross rent, minus the family's total tenant payment, usually 30 percent of adjusted monthly income (24 CFR 982.505 and 5.628). The local housing agency publishes its own schedule.
Does fair market rent include utilities?
Yes. HUD's rule defines Fair Market Rents as "estimates of rent plus the cost of utilities, except telephone", set at the 40th percentile of rents for standard-quality units rented by recent movers (24 CFR 888.113).
Is Monterey County's fair market rent high for California?
$2,416 for two bedrooms ranks 17th of 58 counties in California; the state's county median is $1,725 (range $1,084 to $4,254) and the national county median is $1,071.
Legal references
- 24 CFR 888.113, Fair market rents for existing housing: methodology
- 24 CFR 982.503, Voucher tenancy: payment standard amount and schedule
- 24 CFR 982.505, How to calculate housing assistance payment
JSON: /api/data/fair-market-rent/california/monterey-county. Fair Market Rents are HUD program figures, not an appraisal of any unit's rent.