Section 8 Fair Market Rent (FMR) for ZIP 90212 - 2027

Location: Los Angeles-Long Beach-Glendale, CA | Metro: Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area

Investment Score for ZIP 90212

Monthly Rent (2BR)

$4,200

Median Price (2BR)

$1,511,272

1% Rule

0.28%

Annual Yield

3.33%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$3,050
1 Bedroom	$3,400
2 Bedrooms	$4,200
3 Bedrooms	$5,330
4 Bedrooms	$5,960
5 Bedrooms	$6,914
6 Bedrooms	$7,744
7 Bedrooms	$8,364
8 Bedrooms	$8,782

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
2BR	$4,200	$1,511,272	0.28%	F
3BR	$5,330	$2,415,663	0.22%	F
4BR	$5,960	$4,060,470	0.15%	F
5BR	$6,914	$4,646,326	0.15%	F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

10,728

Median Household Income

$118,019

Housing Units

6,138

Renter Percentage

78.9%

Occupancy Rate

90.3%

Renter Occupied

4,373

Beverly Hills, located in ZIP code 90212, is renowned for its luxurious lifestyle, high-end shopping, and celebrity residences. This exclusive neighborhood offers significant opportunities for real estate investment, particularly in rental properties. The following analysis provides key insights into the rental market dynamics based on the latest figures.

The Fair Market Rent (FMR) for ZIP 90212 in fiscal year 2024 is set at $3720, indicating the government's benchmark for affordable housing in the area.
The Zillow Observed Rent Index (ZORI), which reflects actual market rents, stands at $4,029, showing that the rental market is slightly above the FMR, suggesting strong demand for rental properties.
The median home value in Beverly Hills is $2,425,219, positioning it among the most expensive residential markets in the country.
Renters make up 78.9% of the population, a high figure that underscores the popularity of renting over owning in this affluent zip code.
Unfortunately, the data does not provide a specific number of days on the market (DOM) for rentals, but given the high renter share and competitive market, it is likely that listings are snapped up quickly.
The median household income in Beverly Hills is $118,019, which is well above the national average, supporting a robust rental market where tenants can afford higher rents.

Given the high median home values and median incomes, combined with a substantial renter share, Beverly Hills presents a favorable environment for rental investments. Despite the absence of specific days on the market data, the disparity between the FMR and ZORI suggests a thriving rental market with potential for steady cash flow and attractive returns. Landlords and small-portfolio investors should capitalize on these conditions to secure profitable placements in this upscale zip code.

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.