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City · 13,100 residents · San Mateo County, California

North Fair Oaks , California

In North Fair Oaks, a typical home is worth $1,276,900 and typical rent is $2,314 a month. Compared with all of San Mateo County, typical household income is 34% lower, typical rent is 21% lower, and the share of households that own their home is 11 points lower.

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  • Typical home value

    $1,276,900

    18% below the county

    74% above California

    • North Fair Oaks
    • San Mateo
    • California

  • Typical rent

    $2,314a month

    21% below the county

    14% above California

    • North Fair Oaks
    • San Mateo
    • California

  • Typical household income

    $104,884a year

    34% below the county

    6% above California

    • North Fair Oaks
    • San Mateo
    • California

  • Households that own their home

    48%

    11 points below the county

    8 points below California

    • North Fair Oaks
    • San Mateo
    • California

Source: U.S. Census Bureau, Average 2020–2024

North Fair Oaks is in San Mateo County. The FHA loan limit ($1,249,125 for a one-unit home), the fair market rents and the help on this page are those of all of San Mateo County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets North Fair Oaks apart

What this place has that others do not, from public data, most unusual first.

  1. The typical household income in North Fair Oaks is $104,884, 34% less than in San Mateo County as a whole ($158,855).

  2. The typical rent in North Fair Oaks is $2,314 a month, 21% less than in San Mateo County as a whole ($2,922).

  3. The typical home in North Fair Oaks is worth $1,276,900, 18% less than in San Mateo County as a whole ($1,559,600).

  4. 48% of households in North Fair Oaks own their home, against 58% in San Mateo County.

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in North Fair Oaks

What homes there are in North Fair Oaks, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

In North Fair Oaks, 6 in 10 homes are single-family detached houses, about the same as in San Mateo County.

Year built

Homes in North Fair Oaks are older: the typical year built is 1958; in San Mateo County, 1966.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$3,665 a month

San Mateo County: $4,000 or more a month

Without a mortgage

$967 a month

San Mateo County: $1,113 a month

Owners with a mortgage

74%

San Mateo County: 66%

With a mortgage, owning in North Fair Oaks typically costs $3,665 a month; without one, $967.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, the typical home value in North Fair Oaks rose 36%; in San Mateo County, it rose 43%.

Rents in North Fair Oaks rose more slowly than in San Mateo County: 23% since 2015–2019, against 26%.

To compare: typical income in North Fair Oaks rose 35%; the home, +36%; the rent, +23%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureNorth Fair OaksSan Mateo CountyCaliforniaUnited States
Rental vacancy Unreliable estimate8.5%4.2%5.5%
Homeowner vacancy Unreliable estimate0.7%0.8%0.9%
More than one person per room 21.5%7.5%8.2%3.4%
People per household 3.372.762.842.53
Drive alone 62%57%66%69%
Carpool 14%9%10%9%
Public transit Unreliable estimate5%3%3%
Walk or bike 2%4%3%3%
Work from home 19%24%17%15%
Other means Unreliable estimate2%2%2%
Typical commute 20 to 29 minutes20 to 29 minutes20 to 29 minutes20 to 29 minutes

In North Fair Oaks, 21.5% of households live with more than one person per room, against 7.5% in San Mateo County.

Households in North Fair Oaks are bigger: 3.37 people on average; in San Mateo County, 2.76.

Carpooling is common in North Fair Oaks: 14% of workers get to work that way, against 9% in San Mateo County.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in North Fair Oaks?

A typical home costs more than the typical income allows

We start with a typical home in North Fair Oaks, worth $1,276,900, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 119% of the typical household income in North Fair Oaks, which is $104,884 a year. For that payment to be 28% of income, a household would need to earn about $446,720 a year.

The calculator's FHA and conventional loan limits are those of all of San Mateo County.

Your numbers

Local data
$

Starts at the typical home value in North Fair Oaks. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $44,692 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$10,424

at 7.18% · 30 years

Loan amount
$1,253,772
Total interest
$1,803,883
Paid off in
November 2056

Includes $21,564 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,447 a month

  • Tight

    $2,447 to $3,147 a month

  • Hard

    more than $3,147 a month

    Your payment · 119%

Compared with the typical household income in North Fair Oaks ($104,884 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$10,424
Principal & interest$8,493
Property tax$628
Home insurance$532
FHA mortgage insurance (MIP)$770

You need at least $44,692 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

North Fair Oaks and San Mateo County

North Fair Oaks is in San Mateo County, California. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

North Fair Oaks's own numbers

Typical home value
$1,276,900
Typical monthly rent
$2,314
Typical yearly household income
$104,884
Households that own their home
48%
Effective property tax rate
0.59%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of San Mateo County

FHA limit, one-unit home
$1,249,125
Conventional limit, one unit
$1,249,125
HUD fair market rent, 2 bedrooms
$3,697
Price change over 5 years (FHFA)
+23%
Homes in a high flood-risk zone
3.9%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of San Mateo County.

Everything about San Mateo County

Buying

Buying a home in North Fair Oaks

A typical home in North Fair Oaks is worth $1,276,900: 18% below the county and 74% above California. With the typical household income in North Fair Oaks ($104,884 a year), a typical home costs 12.2 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • North Fair Oaks 12.2 years
  • San Mateo 9.8 years
  • California 7.4 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in San Mateo County

According to FHFA’s house price index, home prices in San Mateo County rose 49% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of San Mateo County.

Period County California U.S.
Last year (2025) −0.6% +0.8% +2.9%
5 years (2020–2025) +23% +40% +47%
10 years (2015–2025) +49% +80% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

North Fair Oaks next to San Mateo County, California and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • North Fair Oaks $1,276,900
  • San Mateo $1,559,600
  • California $734,700
  • United States $332,700
Typical monthly rent
  • North Fair Oaks $2,314
  • San Mateo $2,922
  • California $2,036
  • United States $1,413
Typical yearly household income
  • North Fair Oaks $104,884
  • San Mateo $158,855
  • California $99,122
  • United States $80,734
See the full table
North Fair Oaks next to San Mateo County and California
Measure North Fair Oaks San Mateo County California U.S.
Typical home value $1,276,900 $1,559,600 $734,700 $332,700
Typical monthly rent $2,314 $2,922 $2,036 $1,413
Typical yearly household income $104,884 $158,855 $99,122 $80,734
Households that own their home 48% 58% 56% 65%
Typical yearly property tax $7,492 $9,519 $5,124 $3,119
Effective property tax rate 0.59% 0.61% 0.7% 0.94%
Renters with high rent for their income 59% 48% 55% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below San Mateo County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in North Fair Oaks

For a typical $1,276,900 home in North Fair Oaks, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, North Fair Oaks's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $10,423a month

    Above the FHA limit for San Mateo County ($1,249,125)
    Down payment
    $44,692
    Cash to close
    $82,999
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $770

  • Conventional, 5% down $9,984a month

    Least cash to close
    Down payment
    $63,845
    Cash to close
    $102,152
    Rate
    7.18%
    Mortgage insurance
    PMI · $607

  • Conventional, 20% down, no PMI $8,080a month

    Down payment
    $255,380
    Cash to close
    $293,687
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $9,260a month

    Down payment
    $191,535
    Cash to close
    $229,842
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is Conventional, 5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for North Fair Oaks and for San Mateo County.

Property tax

Effective rate in North Fair Oaks

0.59%of the home’s value each year

$7,492 a year for the typical owner in North Fair Oaks.

  • North Fair Oaks 0.59%
  • San Mateo 0.61%
  • California 0.7%

What California publishes Homeowners' exemption (California State Board of Equalization (BOE))

Exemptions and deadlines in California

Flood risk in San Mateo County

FEMA does not publish these numbers by city: they are for all of San Mateo County.

Homes in the high-risk zone
3.9%
7,052
Of those, with NFIP insurance
31%
County California U.S.
Homes in the high-risk zone 3.9% 2.8% 3.5%
Of those, with NFIP insurance 31% 31% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in North Fair Oaks

Typical rent in North Fair Oaks is $2,314 a month: 21% below the county. In North Fair Oaks, 59% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of San Mateo County, by unit size. To pay the 2-bedroom one ($3,697 a month) without spending more than 30% of your income, you would need to earn $71.10 an hour working full time.

HUD fair market rent for all of San Mateo County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $2,574 $49.50 $102,960
1 bedroom $3,003 $57.75 $120,120
2 bedrooms $3,697 $71.10 $147,880
3 bedrooms $4,832 $92.92 $193,280
4 bedrooms $5,439 $104.60 $217,560

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in North Fair Oaks

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). North Fair Oaks has 2 ZIP codes with their own.

For 2 bedrooms it runs from $3,850 in 94063 to $4,290 in 94025.

2 of the 2 are above the fair market rent for San Mateo County ($3,697).

  • 94025 $4,290$5,610
  • 94063 $3,850$5,030

2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for North Fair Oaks when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in North Fair Oaks

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in San Mateo County. The nearest ones are below; many serve by phone or online.

A man shakes hands with the specialist who helped him with his loan, in the kitchen of his new home.

HUD counseling is free or low-cost

Assistance programs in North Fair Oaks

No down payment, repair or rent-help program on our list is for North Fair Oaks or San Mateo County. The ones below are statewide in California: they work in North Fair Oaks the same as in the rest of the state.

Which programs do I qualify for? All programs in California

  • MyHome Assistance Program

    Statewide in California

    CalHFA second loan with deferred payments for the down payment or closing costs of first-time buyers in California. Offered by California Housing Finance Agency (CalHFA).

    Deferred

    See the program Official page

  • California Dream For All Shared Appreciation Loan

    Statewide in California

    Closed, per the source

    CalHFA down payment loan for first-generation buyers in California; when you sell, you repay the loan plus a share of the home's appreciation. Offered by California Housing Finance Agency (CalHFA).

    Shared appreciation

    See the program Official page

  • MyAccess Program

    Statewide in California

    CalHFA second loan with deferred payments for the down payment or closing costs of first-time buyers who use the CalPLUS Access mortgage (FHA or conventional). Offered by California Housing Finance Agency (CalHFA).

    Deferred

    See the program Official page

Housing counselors near North Fair Oaks

The HUD-approved agencies closest to the center of North Fair Oaks, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Eden Council for Hope and Opportunity (ECHO)

    22551 2nd St Ste 200, Hayward · 15 miles away · Spanish

    • Pre-purchase counseling
    • Homebuyer education workshops
    • and 2 more
    (510) 581-9380

  • A-1 Community Housing Services

    22320 Foothill Blvd Ste 200, Hayward · 15 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 6 more
    (510) 674-9227

  • Project Sentinel

    1490 El Camino Real, Santa Clara · 16 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 5 more
    (408) 470-3730

All counseling agencies in California

Help in Spanish near North Fair Oaks

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of North Fair Oaks

HUD’s record names them for North Fair Oaks or San Mateo County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Housing Authority of the County of San Mateo Public housing and Section 8 vouchers (650) 802-3300

One other authority has an office in San Mateo County: see the list Source: HUD

Cities

Other cities in San Mateo County

These cities are also in San Mateo County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about San Mateo County Housing in California
See 6 more cities in San Mateo County, with prices and rents

Every city has its own page with prices, rents and help.

Nearby cities

The cities closest to North Fair Oaks, with the typical home value.

Neighboring counties

If San Mateo County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in North Fair Oaks.

All guides
A mother smiles as she carries her young daughter on her shoulders (black and white).

Questions

Housing questions about North Fair Oaks

Short answers with the numbers for North Fair Oaks and all of San Mateo County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in North Fair Oaks?

The typical home value in North Fair Oaks is $1,276,900, according to the U.S. Census Bureau (average 2020–2024). For comparison, in San Mateo County it is $1,559,600.

How much does it cost to rent in North Fair Oaks?

Typical rent in North Fair Oaks is $2,314 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in San Mateo County is $3,697.

What is the FHA loan limit in North Fair Oaks?

North Fair Oaks uses the FHA limit for all of San Mateo County (2026): $1,249,125 for a one-unit home and $2,402,625 for a four-unit home.

How much property tax do owners pay in North Fair Oaks?

The typical homeowner in North Fair Oaks pays $7,492 a year, according to the U.S. Census Bureau. That is 0.59% of the home’s value; in San Mateo County, the rate is 0.61%.

Where can I find free help to buy or rent in North Fair Oaks?

We found no HUD-approved counseling agencies with an office in San Mateo County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).