Section 8 Fair Market Rent (FMR) for ZIP 91755 - 2027
Location: Los Angeles-Long Beach-Glendale, CA | Metro: Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area
Investment Score for ZIP 91755
F
Monthly Rent (2BR)
$2,740
Median Price (2BR)
$747,678
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
FY 2027 Fair Market Rent Rates
| Unit Size |
Monthly FMR |
| Studio | $1,990 |
| 1 Bedroom | $2,220 |
| 2 Bedrooms | $2,740 |
| 3 Bedrooms | $3,480 |
| 4 Bedrooms | $3,890 |
| 5 Bedrooms | $4,512 |
| 6 Bedrooms | $5,053 |
| 7 Bedrooms | $5,457 |
| 8 Bedrooms | $5,730 |
Investment Analysis by Bedroom Size
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms |
Monthly FMR |
Median Price |
1% Rule |
Grade |
| 2BR |
$2,740 |
$747,678 |
0.37% |
F |
| 3BR |
$3,480 |
$875,878 |
0.4% |
F |
| 4BR |
$3,890 |
$1,018,343 |
0.38% |
F |
| 5BR |
$4,512 |
$1,269,788 |
0.36% |
F |
Demographics & Housing Statistics
U.S. Census Bureau data (2024)
Median Household Income
$76,382
To determine if you should buy in ZIP 91755 (Monterey Park, CA) for Section 8 investment, follow this decision tree:
- Does FMR $2,260 (zip FY 2024) clear debt service on a $924,190 property?
- Yes. If the Fair Market Rent (FMR) of $2,260 per month can cover your debt service costs, then this is a positive indicator for Section 8 investment. Debt service typically includes mortgage payments, property taxes, insurance, and maintenance costs. With an average monthly rental income of $2,260, you need to ensure that your total monthly expenses do not exceed this amount.
- No. If the FMR of $2,260 cannot cover your debt service costs, then purchasing a $924,190 property for Section 8 is not financially viable. You must either seek properties with lower acquisition costs or reconsider this area for Section 8 investment.
- Is market rent $2,608 (ZORI) above, at, or below FMR?
- Above. The Zillow Observed Rent Index (ZORI) of $2,608 is higher than the FMR of $2,260, indicating that market rents are above the government-set rates. This means that while you could potentially earn more through market rentals, Section 8 tenants would pay less than what the market demands. Consider whether the difference in rent is significant enough to impact your investment strategy.
- At or Below. If the market rent were equal to or below the FMR, it would be easier to justify using a property for Section 8 tenants, as the government rate would align closely with what tenants might otherwise pay. However, in this case, the ZORI is above the FMR, so you must weigh the benefits of market versus Section 8 rentals.
- Are 51.9% renters + N/A-day DOM enough demand?
- It depends. Monterey Park has a rental rate of 51.9%, which suggests a moderate level of demand from renters. However, the lack of data on Days on Market (DOM) makes it difficult to assess how quickly properties are rented out. A high DOM could indicate slower turnover and thus less demand. Conversely, a low DOM would suggest strong demand and quick leasing. You will need to research further to determine if the rental market in this area is robust enough to support a Section 8 investment.
The key to deciding whether to invest in ZIP 91755 for Section 8 lies in balancing the financial viability of the FMR against your debt service costs, comparing market rents to the FMR, and assessing the overall demand for rentals. If you can clear debt service and there's sufficient demand, Section 8 investment in Monterey Park can be profitable. Otherwise, you may want to look into other areas where the numbers better support your investment goals.
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.