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 | $1,630 |
| 1 Bedroom | $1,730 |
| 2 Bedrooms | $2,130 |
| 3 Bedrooms | $2,810 |
| 4 Bedrooms | $3,380 |
| 5 Bedrooms | $3,921 |
| 6 Bedrooms | $4,392 |
| 7 Bedrooms | $4,743 |
| 8 Bedrooms | $4,980 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $2,130 | $520,760 | 0.41% | F |
| 3BR | $2,810 | $649,796 | 0.43% | F |
| 4BR | $3,380 | $686,679 | 0.49% | F |
| 5BR | $3,921 | $823,793 | 0.48% | F |
U.S. Census Bureau data (2024)
The Section 8 market analysis for ZIP code 91763, Montclair, CA, reveals that the HUD Fair Market Rent (FMR) for FY 2024 stands at $2,130, while the market rent, as measured by Zillow's ZORI, is $2,596. This indicates that properties in this area will cashflow marginally when rented to voucher tenants at the HUD FMR rate. Landlords must be aware that the difference between the FMR and market rent could impact their monthly income.
To further analyze the investment potential, consider the median home value in ZIP 91763, which is $661,820. The rent-to-price ratio, calculated using the ZORI figure, comes out to approximately 0.4%. This low ratio suggests that the rental market is not particularly strong compared to the purchase market, potentially indicating an opportunity for long-term buy-and-hold strategies rather than short-term flipping.
The dynamics of the rent versus buy market in this area are also noteworthy. With a median Days on Market (DOM) of N/A and a price-cut share of 0.2%, it appears that the housing market is stable, with few homes needing to be discounted to sell. This stability can be beneficial for investors looking to enter a market with predictable conditions.
In conclusion, the strongest investor angle in ZIP 91763 is likely stability, given the consistent market conditions and the marginal cashflow from voucher tenants at the HUD FMR rate. This makes it a solid choice for those seeking a reliable investment with steady returns.
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.