Section 8 Fair Market Rent (FMR) for ZIP 90748 - 2027

FY 2027 Fair Market Rent Rates

The ZIP code 90748, located in California, is part of a suburban landscape characterized by its mix of residential and commercial properties. This area offers a glimpse into the broader trends affecting Southern California's real estate market, particularly for those interested in Section 8 housing opportunities.

• The Fair Market Rent (FMR) for ZIP 90748 as of fiscal year 2024 is set at $2540, which serves as a benchmark for rental pricing in the region.
• The market rent for the area is currently unavailable, indicating a lack of recent data on average rental prices beyond the FMR.
• The median home value in ZIP 90748 is also not available, suggesting that detailed property valuation information is sparse or not regularly updated.
• The percentage of renters in the area is unspecified, making it difficult to assess the overall demand for rental properties relative to homeownership.
• The days on market (DOM) for rental listings is not available, which would typically indicate how quickly properties are being leased.
• The median household income for the area is not specified, limiting insights into the economic profile of potential tenants.

Given the limited data available, investors should focus on the established Fair Market Rent as a reliable indicator for setting competitive rental prices. The absence of other key metrics such as market rent and median home values suggests that the area might be less studied or less dynamic compared to urban centers, which could mean fewer fluctuations but also less comprehensive information for decision-making. In summary, while the FMR provides a solid foundation, the scarcity of additional data points implies that thorough local research and networking will be crucial for informed investment decisions in ZIP 90748.

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.