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 | $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 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $3,310 | $1,040,696 | 0.32% | F |
| 3BR | $4,200 | $1,394,130 | 0.3% | F |
| 4BR | $4,700 | $1,715,615 | 0.27% | F |
| 5BR | $5,452 | $2,073,876 | 0.26% | F |
U.S. Census Bureau data (2024)
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). Median home prices from Zillow (2026-08-31). 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.