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: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $2,480 | $460,932 | 0.54% | F |
| 2BR | $2,920 | $604,809 | 0.48% | F |
| 3BR | $3,960 | $837,529 | 0.47% | F |
| 4BR | $4,730 | $951,505 | 0.5% | F |
| 5BR | $5,487 | $1,109,296 | 0.49% | F |
U.S. Census Bureau data (2024)
ZIP code 90680, located in Stanton, CA, is a renter-heavy area with significant voucher demand. With a population of 31,991, over half (51.1%) of the residents are renters, indicating a robust rental market. The median household income stands at $85,592, which provides insight into the financial capacity of potential tenants.
The typical market rent in this ZIP code is $2,837. This represents approximately 33% of the median household income, calculated by dividing the market rent by the median income and multiplying by 100. Given that the Fair Market Rent (FMR) for FY 2024 is set at $2,400, the actual market rent exceeds the FMR by $437. This suggests that the rental market in 90680 is slightly above average compared to the regional standards, but still within reach for many households given their income levels.
The high percentage of renters and the relatively low FMR indicate that there is likely a deep voucher demand in this area. Landlords in ZIP 90680 can expect a tenant pool that includes individuals and families who rely on Section 8 housing vouchers to subsidize their rent payments. These tenants will be seeking affordable housing options, making properties priced around or below the FMR particularly attractive.
To summarize, landlords in ZIP 90680 should anticipate a tenant profile characterized by:
This ZIP code offers a strong opportunity for landlords and small-portfolio investors interested in serving a diverse renter market with significant voucher participation.
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.