What is the Fair Market Rent for a 2-bedroom in Oxnard-Thousand Oaks-Ventura, CA MSA?

The HUD Fair Market Rent for a 2-bedroom unit in Oxnard-Thousand Oaks-Ventura, CA MSA is $2,693 per month for fiscal year 2026. The studio FMR is $1,998, 1-bedroom is $2,250, 3-bedroom is $3,652, and 4-bedroom is $4,240.

What income do you need to afford the FMR in Oxnard-Thousand Oaks-Ventura, CA MSA?

Using the standard 30%-of-income affordability rule, a household would need to earn about $107,720 per year ($8,977 per month) to afford the FY2026 2-bedroom Fair Market Rent of $2,693 in Oxnard-Thousand Oaks-Ventura, CA MSA.

FY2026 Fair Market Rents — Oxnard-Thousand Oaks-Ventura, CA MSA

The HUD-published Fair Market Rents for FY2026 in this area are:

Studio

$1,998

1BR

$2,250

2BR

$2,693

3BR

$3,652

4BR

$4,240

Hours/week at min wage

126 hrs

to afford the 2BR FMR @ $16.50/hr (CA)

National rank

#16

of 661 U.S. metros (top 3% most expensive)

YoY change (2BR)

+4.8%

+$124 vs FY2025 · 5-yr +40%

Voucher payment standard

$2,424–$2,962

PHAs set HCV payment at 90–110% of the 2BR FMR

Oxnard-Thousand Oaks-Ventura, CA MSA

Metropolitan area · CA · View full history · Income limits · LIHTC rents

FY2026 Fair Market Rents

Bedroom Size	Monthly FMR	Annual Equivalent
Efficiency (Studio)	$1,998	$23,976
1-Bedroom	$2,250	$27,000
2-Bedroom	$2,693	$32,316
3-Bedroom	$3,652	$43,824
4-Bedroom	$4,240	$50,880

Recent 2-Bedroom FMR Trend

FY2020 $1,943 → FY2026 $2,693

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2026	$1,998	$2,250	$2,693	$3,652	$4,240
FY2025	$1,871	$2,147	$2,569	$3,505	$4,080
FY2024	$1,725	$2,011	$2,414	$3,310	$3,867
FY2023	$1,703	$2,001	$2,425	$3,368	$3,962
FY2022	$1,507	$1,792	$2,218	$3,101	$3,655
FY2021	$1,269	$1,519	$1,923	$2,690	$3,189
FY2020	$1,266	$1,503	$1,943	$2,709	$3,243

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $135,600

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$33,000	$37,700	$42,400	$47,100	$50,900	$54,650
50% AMI (Very Low)	$54,950	$62,800	$70,650	$78,500	$84,800	$91,100
80% AMI (Low)	$87,950	$100,500	$113,050	$125,600	$135,650	$145,700

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$32,316/yr

FMR as % of Area Median Income

23.8% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$107,720/yr

$8,977/mo gross income

FY2026 LIHTC Maximum Rents

Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →

AMI Band	Studio	1BR	2BR	3BR	4BR
50% AMI Maximum	$1,186	$1,356	$1,525	$1,830	$1,966
60% AMI Maximum	$1,423	$1,627	$1,830	$2,196	$2,359

FY2026 HOME Program Rent Limits

Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →

Limit Type	Studio	1BR	2BR	3BR	4BR
High HOME Rent	$1,998	$2,203	$2,203	$2,203	$2,203
Low HOME Rent	$1,373	$1,570	$1,766	$1,962	$2,120

Compare Oxnard-Thousand Oaks-Ventura, CA MSA With Other CA Metros

vs. Bakersfield, CA MSA vs. Chico, CA MSA vs. El Centro, CA MSA vs. Fresno, CA MSA vs. Hanford-Corcoran, CA MSA

Counties in This FMR Area

Ventura County