Section 8 Fair Market Rent (FMR) for ZIP 91201 - 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$2,400
1 Bedroom$2,680
2 Bedrooms$3,310
3 Bedrooms$4,200
4 Bedrooms$4,700
5 Bedrooms$5,452
6 Bedrooms$6,106
7 Bedrooms$6,594
8 Bedrooms$6,924

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
22,394
Median Household Income
$82,301
Housing Units
8,517
Renter Percentage
66.8%
Occupancy Rate
93.8%
Renter Occupied
5,337

Housing Authorities Serving ZIP 91201

The ZIP code 91201, located in Glendale, California, stands out within Los Angeles County due to its unique demographic and economic characteristics. With a population of 22,394 residents, it has a significant rental market, with 66.8% of its inhabitants renting their homes. The median income in this area is $82,301, which is relatively modest compared to the median home value of $1,301,427. This stark contrast between income levels and home values suggests that owning property in 91201 is particularly challenging for the average resident.

For landlords and small-portfolio investors, understanding the voucher economics is crucial. The Fair Market Rent (FMR) for ZIP 91201 for fiscal year 2024 is set at $2,750, slightly higher than the market rent indicated by the Zillow Observed Rent Index (ZORI), which is $2,732. This means that landlords who accept Section 8 vouchers can expect to receive rents that closely align with market rates, making it a viable option for maintaining occupancy without significant financial loss.

The data signature for ZIP 91201 indicates a stable environment. Despite the high median home values, the rental market remains robust, with a substantial portion of the population relying on rented accommodation. The slight increase in FMR over the past year also suggests a steady rise in housing costs, consistent with broader trends in the Los Angeles metropolitan area. For investors looking to enter the rental market, this ZIP code offers a predictable and reliable investment opportunity, especially considering the demand for affordable housing options.

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.