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

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

Investment Score for ZIP 91207

Monthly Rent (2BR)

$3,440

Median Price (2BR)

$1,087,265

1% Rule

0.32%

Annual Yield

3.8%

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	$2,500
1 Bedroom	$2,790
2 Bedrooms	$3,440
3 Bedrooms	$4,360
4 Bedrooms	$4,880
5 Bedrooms	$5,661
6 Bedrooms	$6,340
7 Bedrooms	$6,847
8 Bedrooms	$7,189

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	$2,790	$504,471	0.55%	F
2BR	$3,440	$1,087,265	0.32%	F
3BR	$4,360	$1,635,443	0.27%	F
4BR	$4,880	$2,197,025	0.22%	F
5BR	$5,661	$2,885,642	0.2%	F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

10,438

Median Household Income

$118,116

Housing Units

4,154

Renter Percentage

48.3%

Occupancy Rate

92.4%

Renter Occupied

1,855

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). 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.