Location: Los Angeles-Long Beach-Glendale, CA | Metro: Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $3,030 |
| 1 Bedroom | $3,390 |
| 2 Bedrooms | $4,180 |
| 3 Bedrooms | $5,300 |
| 4 Bedrooms | $5,930 |
| 5 Bedrooms | $6,879 |
| 6 Bedrooms | $7,704 |
| 7 Bedrooms | $8,320 |
| 8 Bedrooms | $8,736 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $4,180 | $1,212,227 | 0.34% | F |
| 3BR | $5,300 | $2,401,696 | 0.22% | F |
| 4BR | $5,930 | $3,063,576 | 0.19% | F |
| 5BR | $6,879 | $3,845,480 | 0.18% | F |
U.S. Census Bureau data (2024)
The rent math in ZIP 90211, Beverly Hills, California, does not work favorably for landlords. The Fair Market Rent (FMR) set at $3460 for fiscal year 2024 is significantly lower than the market rent, which stands at $4,170. This disparity means that landlords relying on FMR subsidies will face reduced revenue compared to the actual rental market rates.
Acquisition in this area is challenging due to high costs. The median home value is $2,245,369, indicating that purchasing property here is expensive. There is insufficient data to provide an average number of days on the market (DOM), and the percentage of homes needing a price cut to sell is very low at 0.2%. These factors suggest that acquiring properties in Beverly Hills is not financially feasible for most landlords and small-portfolio investors, especially those looking for quick returns or significant bargaining power.
Tenant demand exists but is limited by the size of the local population. With a total population of 9,120, the renter share is 61.1%. This implies that over 5,575 residents are potential renters, creating a competitive market for rental properties. However, the high cost of living and limited housing stock make it difficult for many renters to find affordable accommodation.
In summary, while there is a strong tenant demand in Beverly Hills, the financials do not align well for landlords. The gap between FMR and market rent is substantial, and the high median home value makes acquisitions costly. These conditions indicate that investing in rental properties in ZIP 90211 is not advisable unless the investor can command premium rents or has access to substantial capital reserves to offset the financial risks involved.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.