Location: Santa Ana-Anaheim-Irvine, CA | Metro: Santa Ana-Anaheim-Irvine, 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 | $2,420 |
| 1 Bedroom | $2,480 |
| 2 Bedrooms | $2,920 |
| 3 Bedrooms | $3,960 |
| 4 Bedrooms | $4,730 |
| 5 Bedrooms | $5,487 |
| 6 Bedrooms | $6,145 |
| 7 Bedrooms | $6,637 |
| 8 Bedrooms | $6,969 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $2,920 | $749,519 | 0.39% | F |
| 3BR | $3,960 | $863,988 | 0.46% | F |
| 4BR | $4,730 | $1,135,166 | 0.42% | F |
| 5BR | $5,487 | $1,478,674 | 0.37% | F |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 90621, which includes Buena Park, CA, is set at $2400 for fiscal year 2024. This figure represents the maximum amount that a landlord can receive from the government under the Section 8 Housing Choice Voucher program for renting out a unit in this area. It's important to note that this is not the actual rent you'll charge your tenants; it's the reimbursement limit.
To put this into perspective, the Zillow Observed Rent Index (ZORI), which reflects the average rent paid by all renters in the area, is $2,533. This indicates that the FMR is slightly below the market rate, meaning you might need to adjust your expectations on how much you can charge above the voucher amount. However, the FMR does provide a benchmark for pricing your rental units.
In Buena Park, the renter share of the population is 65.2%, suggesting a robust demand for rental properties. With such a high percentage of residents租房，这表明该地区对出租房屋的需求强劲。拥有65.2%的高租房人口比例意味着许多潜在租户可能符合Section 8项目的条件。
如果您考虑将物业加入Section 8项目，您需要了解的是，根据2024财年的数据，收购成本为$896,202。这意味着您在购买或改造一个适合Section 8项目的物业时，可能会有这个金额的投入。
在决定是否进入Section 8市场之前，您应该验证的一个关键事项是您的物业是否满足所有必要的质量标准和安全要求。这些要求包括但不限于结构完整性、电气系统、管道设施以及卫生条件。确保您的物业达标可以避免未来的麻烦，并保证您能够获得政府的租金补贴。
总结来说，$2400的FMR是政府支付给房东的最大金额，而$2,533的ZORI反映了市场上的平均租金水平。65.2%的租房人口比例表明了强劲的需求，而$896,202的收购成本则是您需要考虑的投资额。在做出最终决定前，请务必确认您的物业满足所有Section 8项目的标准和要求。
请注意，以上内容中我纠正了最后一段的翻译错误，确保信息准确传达。在决定是否进入Section 8市场之前，验证物业是否满足所有必要标准是一个关键步骤，而非具体的收购成本。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.