Section 8 Fair Market Rent (FMR) for ZIP 91206 - 2027

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

Investment Score for ZIP 91206

Monthly Rent (2BR)

$3,610

Median Price (2BR)

$675,992

1% Rule

0.53%

Annual Yield

6.41%

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	$2,620
1 Bedroom	$2,930
2 Bedrooms	$3,610
3 Bedrooms	$4,580
4 Bedrooms	$5,130
5 Bedrooms	$5,951
6 Bedrooms	$6,665
7 Bedrooms	$7,198
8 Bedrooms	$7,558

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
1BR	$2,930	$468,161	0.63%	D
2BR	$3,610	$675,992	0.53%	F
3BR	$4,580	$1,358,062	0.34%	F
4BR	$5,130	$1,860,058	0.28%	F
5BR	$5,951	$2,226,051	0.27%	F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

31,961

Median Household Income

$89,188

Housing Units

13,732

Renter Percentage

60.3%

Occupancy Rate

90.8%

Renter Occupied

7,519

Glendale, California, located in ZIP code 91206, is a vibrant urban community known for its diverse population and proximity to Los Angeles. The area offers a mix of residential and commercial properties, making it an attractive location for both tenants and investors.

The Fair Market Rent (FMR) for a two-bedroom apartment in Glendale for fiscal year 2024 is set at $2,990. This figure reflects the government's assessment of rental values and can influence eligibility criteria for housing assistance programs.
The actual market rent, as measured by Zillow's ZORI index, stands at $2,551 for a similar-sized unit. This indicates that while government estimates are higher, the real estate market in Glendale is pricing units slightly below these benchmarks.
The median home value in Glendale is $1,144,999. This suggests a robust housing market where property appreciation could be a significant factor for long-term investment strategies.
Renters make up 60.3% of Glendale's population, highlighting a strong demand for rental properties. This high percentage of renters supports the viability of rental investments in the area.
The median household income in Glendale is $89,188. This level of income indicates a stable economic base capable of supporting rental prices and potentially driving further appreciation in home values.

The data points highlight a dynamic real estate market in Glendale, characterized by a strong rental sector and high median home values. Despite the government's higher FMR estimate, the actual market rents remain competitive, suggesting potential for above-average returns on rental investments. With a substantial portion of the population renting, there is a consistent demand for rental properties, making Glendale an appealing location for landlords and small-portfolio investors. The median income level supports the ability of residents to afford higher rents and contributes to the overall stability and growth potential of the real estate market.

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.