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 Fair Market Rent (FMR) for ZIP code 90801 in fiscal year 2024 is set at $2540. This figure represents the payment standard used by the Section 8 program, also known as the Housing Choice Voucher Program. It does not mean you will receive $2540 per month as rent; rather, it indicates the maximum amount the government will pay on behalf of eligible tenants.
To put this into perspective, consider that the average market rent in ZIP 90801 is currently N/A, which means the FMR of $2540 might be slightly below or above the typical rent in the area, depending on the specifics of the property. However, the exact comparison cannot be made due to the lack of available data.
The percentage of renters in ZIP 90801 is N/A%, indicating a significant portion of the population relies on rental housing. This suggests there is a substantial demand for rentals, including those who may qualify for Section 8 vouchers.
When acquiring a property for Section 8 in ZIP 90801, you can expect the average price to be around N/A. This figure helps you understand the initial investment required to enter the Section 8 market in this area.
A key factor to verify before deciding to participate in Section 8 as a landlord is whether your property meets the Housing Quality Standards (HQS). These standards ensure that the rental unit is safe, decent, and sanitary for tenants. Before leasing to a Section 8 tenant, a housing inspector will visit your property to confirm compliance with these standards.
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.