Location: Los Angeles-Long Beach-Glendale, CA | Metro: Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $2,150 |
| 1 Bedroom | $2,400 |
| 2 Bedrooms | $2,960 |
| 3 Bedrooms | $3,760 |
| 4 Bedrooms | $4,200 |
| 5 Bedrooms | $4,872 |
| 6 Bedrooms | $5,457 |
| 7 Bedrooms | $5,894 |
| 8 Bedrooms | $6,189 |
The ZIP code 90261, located in the Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area, can serve as a cash-flow anchor in a Section 8 portfolio strategy. This classification is based on the fact that the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $2,600, which provides a stable baseline for rental income.
While the specific market data for ZIP 90261 is not directly available, examining nearby areas like 90250 and 90266 offers insights into the broader real estate trends. For instance, a townhouse in 90250 is listed for $949,988, indicating that property values in the vicinity can vary significantly. However, the consistent FMR ensures that landlords can rely on steady rental income without the volatility of rapidly changing market values.
The FMR of $2,600 represents a fixed target for rental rates, making it easier for landlords to budget and predict cash flows. This stability is particularly valuable when dealing with government-subsidized tenants through the Section 8 program, where rent is partially covered by vouchers. As such, ZIP 90261 can provide a reliable source of income within a diversified investment portfolio.
Data Sources: FMR data from HUD (2027).
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.