Section 8 Fair Market Rent (FMR) for ZIP 90746 - 2027

Location: Los Angeles-Long Beach-Glendale, CA | Metro: Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area

FY 2027 Fair Market Rent Rates

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

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
27,091
Median Household Income
$113,364
Housing Units
8,859
Renter Percentage
14.5%
Occupancy Rate
97.1%
Renter Occupied
1,250

Housing Authorities Serving ZIP 90746

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). 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.