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 | $2,330 |
| 1 Bedroom | $2,600 |
| 2 Bedrooms | $3,210 |
| 3 Bedrooms | $4,070 |
| 4 Bedrooms | $4,560 |
| 5 Bedrooms | $5,290 |
| 6 Bedrooms | $5,925 |
| 7 Bedrooms | $6,399 |
| 8 Bedrooms | $6,719 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $2,600 | $486,207 | 0.53% | F |
| 2BR | $3,210 | $793,477 | 0.4% | F |
| 3BR | $4,070 | $976,649 | 0.42% | F |
| 4BR | $4,560 | $1,342,778 | 0.34% | F |
U.S. Census Bureau data (2024)
2690 is the Fair Market Rent (FMR) for ZIP code 91205 in Glendale, CA, for fiscal year 2024. 2283 represents the actual market rent, known as ZORI, which is notably lower than the FMR. 866,473 is the median home value in this area, indicating a significant investment for homeowners. 82.3% of the population in Glendale are renters, highlighting the strong demand for rental properties. 64,564 is the median income figure, showing that residents have a decent earning capacity but still rely heavily on affordable housing options. The data does not provide a specific day count for Days on Market (DOM), suggesting that listings move quickly once they're posted. 0.2% is the price-cut share, which means that very few properties need their prices adjusted to attract buyers, indicating a robust real estate market.
In the context of Section 8 investments, these figures paint a compelling picture. Landlords can expect to receive a subsidy of up to $2690 per unit, which exceeds the typical market rent of $2283, ensuring a positive cash flow. The high renter share of 82.3% underscores the consistent demand for rentals, while the low price-cut share of 0.2% suggests that property values are stable and likely to hold or increase. Given the median income of $64,564, tenants should be able to contribute a reasonable portion of their income towards rent, making Section 8 vouchers an attractive option for covering the rest. In conclusion, the combination of favorable subsidies, strong rental demand, and stable property values makes Glendale, CA, a solid choice for Section 8 investments.
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.