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 | $3,180 |
| 1 Bedroom | $3,550 |
| 2 Bedrooms | $4,380 |
| 3 Bedrooms | $5,560 |
| 4 Bedrooms | $6,220 |
| 5 Bedrooms | $7,215 |
| 6 Bedrooms | $8,081 |
| 7 Bedrooms | $8,727 |
| 8 Bedrooms | $9,163 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $4,380 | $1,561,799 | 0.28% | F |
| 3BR | $5,560 | $2,062,166 | 0.27% | F |
| 4BR | $6,220 | $2,778,817 | 0.22% | F |
| 5BR | $7,215 | $3,985,686 | 0.18% | F |
U.S. Census Bureau data (2024)
The ZIP code 91011, located in La Canada Flintridge, CA, is characterized by a relatively low percentage of renters at 13.1%. This indicates that the area is primarily dominated by homeowners rather than renters, suggesting that the demand for Section 8 vouchers will be limited. The median household income in this ZIP is exceptionally high at $241,875, which places it well above the national average and suggests a community with substantial financial means.
In comparison to the market rent of $5,233, the typical rent consumes a modest portion of the local income. To be precise, the average rent accounts for approximately 21.5% of the median household income. This calculation is derived from dividing the market rent by the median income ($5,233 / $241,875 * 100), indicating that rent is affordable for most residents.
The Fair Market Rent (FMR) for the fiscal year 2024 is set at $3,820 for this ZIP code. This figure is significantly lower than the market rent, highlighting a gap between government-set standards and actual rental costs. Landlords should be aware that tenants utilizing Section 8 vouchers may struggle to cover the difference between the FMR and the market rent, especially given the disparity in these figures.
A landlord in ZIP 91011 can expect tenants who are likely to be financially stable but may have varying needs for housing assistance. Given the high median income, tenants might include families seeking affordable housing options or individuals on fixed incomes who rely on vouchers to manage their living expenses. However, due to the limited number of renters and the higher cost of living, landlords may find that the pool of potential Section 8 tenants is smaller compared to areas with a higher percentage of renters.
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.