Location: Riverside-San Bernardino-Ontario, CA | Metro: Riverside-San Bernardino-Ontario, CA MSA
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 | $2,120 |
| 1 Bedroom | $2,250 |
| 2 Bedrooms | $2,780 |
| 3 Bedrooms | $3,660 |
| 4 Bedrooms | $4,410 |
| 5 Bedrooms | $5,116 |
| 6 Bedrooms | $5,730 |
| 7 Bedrooms | $6,188 |
| 8 Bedrooms | $6,497 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $2,250 | $310,292 | 0.73% | D |
| 2BR | $2,780 | $435,115 | 0.64% | D |
| 3BR | $3,660 | $774,168 | 0.47% | F |
| 4BR | $4,410 | $995,380 | 0.44% | F |
| 5BR | $5,116 | $1,598,889 | 0.32% | F |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 91737, which includes Rancho Cucamonga, CA, is set at $2,910 for fiscal year 2024. This figure represents the payment standard under the Section 8 Housing Choice Voucher program, meaning it's the maximum amount the government will pay toward your tenant's rent. It does not represent the total rent you can charge.
In contrast, the local ZORI (Zillow Observed Rent Index) for the same area is $3,126. This indicates the average rent price for properties in 91737, giving you an idea of market rates.
The renter share in this ZIP code is 28.9%, showing a significant portion of the population relies on renting as their primary housing solution. This suggests there is a steady demand for rental properties, including those participating in the Section 8 program.
To put things into perspective, the median listing price for homes in this area is approximately $959,185. This figure gives you an understanding of the acquisition cost if you were to purchase a property for your rental portfolio.
Before proceeding with a Section 8 rental, ensure that the property meets all the necessary inspection criteria. The housing authority will conduct a thorough inspection to confirm that the unit is safe, decent, and sanitary, and that it complies with local health and safety codes. Failure to meet these standards can result in disqualification from the program.
By aligning your rental property with the Section 8 requirements and understanding the local rental market, you can make a well-informed decision about whether this ZIP code is a good fit for your first Section 8 investment.
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.