Section 8 Fair Market Rent (FMR) for ZIP 91207 - 2027

FY 2027 Fair Market Rent Rates

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Housing Authorities Serving ZIP 91207

• Housing Authority of the City of Los Angeles (Los Angeles, CA) - 53,428 Section 8 vouchers
• Los Angeles County Development Authority (Alhambra, CA) - 27,058 Section 8 vouchers
• City of Long Beach Housing Authority (Long Beach, CA) - 7,862 Section 8 vouchers
• Housing Authority of the City of Glendale (Glendale, CA) - 1,667 Section 8 vouchers
• Housing Authority of the City of Santa Monica (Santa Monica, CA) - 1,536 Section 8 vouchers
• City of Pasadena Housing Department (Pasadena, CA) - 1,525 Section 8 vouchers
• Housing Authority of the City of Inglewood (Inglewood, CA) - 1,201 Section 8 vouchers
• Housing Authority of the City of Pomona (Pomona, CA) - 1,119 Section 8 vouchers
• Housing Authority of the City of Burbank (Burbank, CA) - 1,047 Section 8 vouchers
• Housing Authority of the City of Baldwin Park (Baldwin Park, CA) - 913 Section 8 vouchers

Glendale, CA, represented by ZIP code 91207, is a vibrant urban center with a mix of residential and commercial properties. The area offers a variety of housing options, making it attractive to both renters and homeowners alike. However, for those interested in the rental market, particularly under the Section 8 program, the following analysis provides key insights.

• The Fair Market Rent (FMR) for a two-bedroom apartment in Glendale, CA, for fiscal year 2024 is set at $3030. This figure represents the maximum amount that a landlord can charge a Section 8 tenant for rent.
• The Zillow Observed Rent Index (ZORI) for the area stands at $2,507, indicating the average rent price for properties in the region. This suggests that landlords participating in Section 8 could potentially command higher rents compared to the market average.
• The median home value in Glendale, CA, is $1,751,979, reflecting a high-end real estate market where investment opportunities might lean towards higher-priced properties.
• Renters make up 48.3% of the population, showing a significant portion of the community relies on rental housing, which includes participation in government-assisted programs like Section 8.
• The median household income in Glendale, CA, is $118,116, suggesting that while there is demand for affordable housing, the overall economic health of the area supports a diverse range of rental prices.

Investors looking to enter the Glendale, CA, rental market should note the discrepancy between the ZORI and the FMR, which presents an opportunity to secure tenants through the Section 8 program without necessarily undercutting market rates. Given the substantial median home value and median income, the area is economically robust, but the significant share of renters indicates ongoing demand for affordable housing solutions. This analysis points to Glendale as a viable location for rental investments, especially for those willing to navigate the requirements of the Section 8 program.

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.