Location: Los Angeles-Long Beach-Glendale, CA | Metro: Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area
| 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 |
The ZIP code 91482 is located in Van Nuys, CA, within Los Angeles County. Due to the nature of this ZIP code being a unique-single entity, detailed demographic data specific to 91482 is not available. However, we can draw insights from the surrounding areas.
The median income and median home value for Van Nuys are not explicitly provided for ZIP code 91482. Nonetheless, it's situated near diverse neighborhoods like San Fernando, Burbank, Beverly Hills, and Calabasas. This proximity suggests a mix of residential and commercial properties, with a significant portion of multi-family units.
Moving into the rent economics, the Fair Market Rent (FMR) for ZIP code 91482 in fiscal year 2024 is set at $2540. While the exact market rent figure is not provided, the surrounding areas offer a range of rental options, from affordable to luxury, reflecting the broader economic diversity of Los Angeles County.
Given the lack of specific demographic data, this area may suit a hands-off voucher operator more than a hands-on value-add buyer. The consistent demand for affordable housing, as indicated by the FMR, suggests that landlords who participate in the Section 8 program can expect steady occupancy rates without needing to actively manage property improvements or tenant selection beyond compliance with the program.
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.