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 90734 in Los Angeles-Long Beach-Glendale County stands out due to incomplete data, which includes an unknown number of residents, an unspecified percentage of renters, and undefined figures for median income and median home value. This lack of specific data points can make it challenging to fully assess the area's characteristics compared to other ZIP codes.
Despite these gaps, the voucher economics provide a clearer picture. The Fair Market Rent (FMR) for ZIP 90734 in fiscal year 2024 is set at $2,540. This figure is crucial for landlords and small-portfolio investors as it represents the maximum amount that a Section 8 tenant can pay for rent under the housing assistance program. However, without comparative market rent data, it's difficult to evaluate how competitive this FMR is relative to the actual rental prices in the area.
The stability of the ZIP code's data signature cannot be conclusively determined due to the absence of key metrics such as resident count, rental rates, and income levels. Typically, stable areas would have consistent historical data showing little fluctuation in these factors. Transitional areas might show rapid changes in population demographics, income levels, or property values. Given the incomplete dataset, the ZIP code 90734 appears transitional, suggesting potential changes that could impact the local real estate market. Landlords and investors should monitor future updates closely to better understand the evolving dynamics of this ZIP code.
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.