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 | $2,080 |
| 1 Bedroom | $2,320 |
| 2 Bedrooms | $2,860 |
| 3 Bedrooms | $3,630 |
| 4 Bedrooms | $4,060 |
| 5 Bedrooms | $4,710 |
| 6 Bedrooms | $5,275 |
| 7 Bedrooms | $5,697 |
| 8 Bedrooms | $5,982 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $2,320 | $377,317 | 0.61% | D |
| 2BR | $2,860 | $536,773 | 0.53% | F |
| 3BR | $3,630 | $823,099 | 0.44% | F |
| 4BR | $4,060 | $1,025,823 | 0.4% | F |
U.S. Census Bureau data (2024)
The classification of ZIP 90302 (Inglewood, CA) on the axes of yield and stability reveals a unique investment landscape. With a Fair Market Rent (FMR) of $2,450 for fiscal year 2024, compared to the market rent of $2,374, there is a slight edge in favor of higher rental yields. This indicates that properties in this area can command rents slightly above the market average, which is beneficial for landlords and small-portfolio investors seeking to maximize their cash flow.
The median home value of $696,973 is relatively high, suggesting that the cost of entry into this market is significant. However, the rental yield potential compensates for this, making it an attractive option for those willing to invest in higher-priced properties. The percentage of renters at 72.3% is quite high, indicating a strong demand for rental housing in Inglewood. This high demand for rentals supports the idea of a steady cash flow market, as it reduces the risk of vacancies.
The absence of data regarding the number of days on market (DOM) could be interpreted as either a stable market where properties are quickly rented out, or a lack of turnover in the rental market. Given the high percentage of renters, it's reasonable to assume that the market has low vacancy rates and thus, quick turnovers, which would contribute to stability.
The median household income of $73,777 suggests that while the population has sufficient earnings to support rental payments, they might not have the disposable income to pursue homeownership aggressively. This further reinforces the stability of the rental market, as a significant portion of the population is likely to remain renters due to financial constraints.
In summary, ZIP 90302 (Inglewood, CA) leans towards being a steady-cashflow zone. The slightly higher FMR than market rent indicates a good yield, but the key factor is the high percentage of renters and median income levels, which point towards a stable market with consistent demand for rental properties. Landlords and small-portfolio investors should find this area appealing for long-term investments aimed at generating reliable cash flows.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.