Section 8 Fair Market Rent (FMR) for ZIP 90807 - 2027

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

Investment Score for ZIP 90807

Monthly Rent (2BR)

$2,920

Median Price (2BR)

$781,305

1% Rule

0.37%

Annual Yield

4.48%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$2,120
1 Bedroom	$2,370
2 Bedrooms	$2,920
3 Bedrooms	$3,700
4 Bedrooms	$4,150
5 Bedrooms	$4,814
6 Bedrooms	$5,392
7 Bedrooms	$5,823
8 Bedrooms	$6,114

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
1BR	$2,370	$370,037	0.64%	D
2BR	$2,920	$781,305	0.37%	F
3BR	$3,700	$1,023,629	0.36%	F
4BR	$4,150	$1,258,050	0.33%	F
5BR	$4,814	$1,622,361	0.3%	F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

33,101

Median Household Income

$103,777

Housing Units

13,100

Renter Percentage

43.0%

Occupancy Rate

96.5%

Renter Occupied

5,433

The ZIP code 90807, located in Long Beach, California, is a vibrant urban area that offers a mix of residential and commercial properties. It is characterized by its proximity to the city's amenities, including shopping centers, parks, and waterfront attractions, making it a desirable location for both residents and investors.

The Fair Market Rent (FMR) for ZIP 90807 as of the fiscal year 2024 is set at $2,620, reflecting the rental price range considered fair for the area by HUD standards.
The Zillow Observed Rent Index (ZORI), which measures the average monthly rent for single-family homes and condominiums, stands at $2,341, indicating a slightly lower market-driven rent compared to the FMR.
The median home value in ZIP 90807 is $959,641, showcasing a robust real estate market where property values are high but also stable.
Renters make up 43.0% of the housing market in this area, suggesting a significant demand for rental properties.
The median income for residents is $103,777, which supports the ability of tenants to afford higher rents and indicates a strong economic base within the community.
The Days on Market (DOM) figure is not available, which could imply either very quick sales or a less active real estate market compared to other areas, requiring further investigation.

Investors looking to enter the real estate market in ZIP 90807 can expect a steady demand for rental properties, given the high median income and significant renter share. The gap between the ZORI and FMR suggests potential for above-average rental yields if managed efficiently. However, the lack of DOM data means investors should be cautious and conduct thorough due diligence to understand the local market dynamics fully.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.