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 | $3,190 |
| 1 Bedroom | $3,570 |
| 2 Bedrooms | $4,400 |
| 3 Bedrooms | $5,580 |
| 4 Bedrooms | $6,250 |
| 5 Bedrooms | $7,250 |
| 6 Bedrooms | $8,120 |
| 7 Bedrooms | $8,770 |
| 8 Bedrooms | $9,209 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $4,400 | $605,725 | 0.73% | D |
| 3BR | $5,580 | $794,708 | 0.7% | D |
| 4BR | $6,250 | $850,399 | 0.73% | D |
| 5BR | $7,250 | $899,449 | 0.81% | C |
U.S. Census Bureau data (2024)
ZIP code 90746, located in Carson, CA, stands out within Los Angeles County due to its unique demographic and economic characteristics. With a population of 27,091 residents, only 14.5% rent their homes, indicating a primarily owner-occupied area. The median household income in the region is $113,364, reflecting a relatively affluent community. However, the median home value is notably lower at $835,696, suggesting that homeownership remains somewhat accessible despite the higher income levels.
Moving to the specifics of Section 8 housing, the Fair Market Rent (FMR) for ZIP 90746 for fiscal year 2024 is set at $3,320. This figure is slightly above the market average of $3,007 as reported by the Census Bureau's American Community Survey. For landlords and small-portfolio investors considering participation in the Section 8 program, the FMR provides a benchmark for rental pricing, ensuring that it aligns with government standards while potentially offering a margin above typical market rates.
The data signature for ZIP 90746 reads as stable. The high median income coupled with a lower median home value indicates a steady economic environment where homeownership is a priority. Additionally, the slight premium of the FMR over the market rate suggests a consistent demand for affordable housing options, which can be a reliable indicator for long-term investment strategies in the area.
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.