Section 8 Fair Market Rent (FMR) for ZIP 91510 - 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

The ZIP code 91510, located in California, is a region that offers unique opportunities for real estate investors, particularly those interested in the Section 8 housing voucher program. The Fair Market Rent (FMR) for this area has been set at $2540 for fiscal year 2024, which provides a baseline for rental pricing.

Fair Market Rent (FMR): For fiscal year 2024, the FMR in ZIP 91510 is $2540, indicating the average rent level for a modest-quality rental unit.
Market Rent: Data on the current market rent for ZIP 91510 is currently unavailable, making it difficult to compare with FMR without additional research.
Median Home Value: The median home value for the area is also not available, suggesting a need for further investigation into property values and potential investment opportunities.
Renter Share: The percentage of residents who are renters in ZIP 91510 is unknown, which could impact the demand for rental properties and Section 8 vouchers.
Days on Market (DOM): Information on the typical days on market for properties in this ZIP code is not available, which would be useful for understanding the speed of transactions.
Median Income: The median income figure for ZIP 91510 is not provided, which is critical for assessing the financial capacity of potential tenants.

Given the available data, landlords and small-portfolio investors should focus on the $2540 FMR as a starting point for setting competitive rents. However, the lack of detailed local market data such as market rent, median home value, and median income means that additional research is necessary to fully understand the dynamics of the ZIP 91510 real estate market. This includes investigating the local rental market trends and tenant demographics to make informed decisions about property investments and management strategies.

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.