Section 8 Fair Market Rent (FMR) for ZIP 91382 - 2027
Location: Los Angeles-Long Beach-Glendale, CA | Metro: Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area
FY 2027 Fair Market Rent Rates
| Unit Size |
Monthly FMR |
| Studio | $2,150 |
| 1 Bedroom | $2,400 |
| 2 Bedrooms | $2,960 |
| 3 Bedrooms | $3,760 |
| 4 Bedrooms | $4,200 |
| 5 Bedrooms | $4,872 |
| 6 Bedrooms | $5,457 |
| 7 Bedrooms | $5,894 |
| 8 Bedrooms | $6,189 |
Based on the available data, ZIP 91382 in Santa Clarita, CA, serves well as a cash-flow anchor within a Section 8 portfolio strategy. Given that the Fair Market Rent (FMR) for ZIP 91382 in fiscal year 2024 is set at $2540, this figure represents a solid baseline for rental income, ensuring a predictable and stable revenue stream.
While specific market data such as median home values and recent sales trends are not provided, the FMR indicates a reliable minimum rental rate that aligns well with government-assisted housing programs. This stability is crucial for landlords and small-portfolio investors looking to balance their investment risks and ensure consistent cash flow.
Furthermore, the lack of significant appreciation potential, indicated by the absence of data on price-cut shares and days on the market (DOM), suggests that ZIP 91382 may not be a prime candidate for capital gains through property appreciation. Instead, it offers a steady and dependable rental market, making it an ideal choice for anchoring a portfolio's cash flow.
In summary, ZIP 91382 should be considered as a cash-flow anchor due to its stable rental market and the guaranteed minimum rental rate through the FMR of $2540. This ensures that landlords and investors can rely on consistent income without the volatility associated with rapidly appreciating markets.
Data Sources: FMR data from HUD (2027).
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.