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 | $2,630 |
| 1 Bedroom | $2,930 |
| 2 Bedrooms | $3,620 |
| 3 Bedrooms | $4,590 |
| 4 Bedrooms | $5,140 |
| 5 Bedrooms | $5,962 |
| 6 Bedrooms | $6,677 |
| 7 Bedrooms | $7,211 |
| 8 Bedrooms | $7,572 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $2,930 | $525,049 | 0.56% | F |
| 2BR | $3,620 | $1,180,771 | 0.31% | F |
| 3BR | $4,590 | $1,503,856 | 0.31% | F |
| 4BR | $5,140 | $1,849,019 | 0.28% | F |
| 5BR | $5,962 | $2,377,829 | 0.25% | F |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 91208, which covers Glendale, California, has been set at $3180 for the fiscal year 2024. This figure represents the payment standard for Section 8 housing vouchers, meaning that if you participate in the program, the government will pay up to $3180 per month for a unit in this area, based on the voucher holder's income and the size of the unit.
In comparison, the local median rent for a two-bedroom apartment in Glendale is approximately $3,997. This difference highlights that the FMR is lower than the actual market rent, indicating that landlords participating in the Section 8 program might receive less than the typical market rate.
The renter share in Glendale is 35.1%, suggesting that there is a significant portion of the population who are renters and potentially eligible for Section 8 assistance. This percentage points to a robust demand for affordable housing units, which could ensure a steady stream of tenants for your property.
If you're considering acquiring a new rental property for Section 8, the total acquisition cost could be around $1,545,829, depending on the type and condition of the property. This figure is an estimate based on average property values in the area and should be verified with local real estate listings and appraisals.
Before making the decision to enter into the Section 8 program, it is crucial to verify that the property meets all the required standards and specifications set by the Housing Authority. This includes ensuring that the unit is safe, decent, and sanitary, and that it complies with the minimum property condition requirements.
To summarize, while the FMR of $3180 is lower than the typical local rent of $3,997, the high renter share of 35.1% indicates strong demand for affordable housing. With an estimated acquisition cost of $1,545,829, make sure your property meets all necessary standards before proceeding.
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.