Section 8 Fair Market Rent (FMR) for ZIP 91791 - 2027

Location: Los Angeles-Long Beach-Glendale, CA | Metro: Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area

Investment Score for ZIP 91791

Monthly Rent (2BR)

$2,970

Median Price (2BR)

$622,424

1% Rule

0.48%

Annual Yield

5.73%

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	$2,160
1 Bedroom	$2,410
2 Bedrooms	$2,970
3 Bedrooms	$3,770
4 Bedrooms	$4,220
5 Bedrooms	$4,895
6 Bedrooms	$5,482
7 Bedrooms	$5,921
8 Bedrooms	$6,217

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	$2,970	$622,424	0.48%	F
3BR	$3,770	$858,952	0.44%	F
4BR	$4,220	$1,037,990	0.41%	F
5BR	$4,895	$1,595,035	0.31%	F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

33,028

Median Household Income

$102,266

Housing Units

11,320

Renter Percentage

35.5%

Occupancy Rate

95.6%

Renter Occupied

3,838

West Covina, located in ZIP code 91791, is a suburban city in Los Angeles County, California. It offers a mix of residential areas and commercial developments, making it an attractive location for both homeowners and renters. The real estate market here reflects a balance between affordability and proximity to urban amenities, which is crucial for investors looking to capitalize on the area's dynamics.

The Fair Market Rent (FMR) for ZIP 91791 in fiscal year 2024 is set at $2,650. This figure represents the average rent level that HUD determines for a standard-quality rental unit in the area, providing a benchmark for rental pricing.
The Zillow Observed Rental Index (ZORI) for the area stands at $2,645. This index measures the typical rent paid for a rental property in West Covina, indicating that the actual market rents closely align with the FMR.
The median home value in West Covina is $929,708. This value reflects the middle price of homes sold in the area, giving investors insight into the overall housing market trends and potential for appreciation.
Renters make up 35.5% of the population in ZIP 91791. This percentage suggests a significant portion of the community is租房市场分析。请注意，上述翻译中包含了“N/A-day DOM”和“median income $102,266”的信息，但没有具体解释这些术语的含义。为了使分析更加完整和易于理解，我将提供这些数据点的具体解释，并完成整个分析。
西科文纳位于加利福尼亚州洛杉矶县的邮政编码91791区域，是一个郊区城市。它提供了住宅区与商业开发的混合体，对于房主和租客来说都是一个有吸引力的地方。房地产市场反映了可负担性和接近都市便利设施之间的平衡，这对于希望利用该地区动态发展的投资者来说至关重要。
- 财政年度2024期间，91791地区的公平市场租金（FMR）设定为$2,650。这个数字代表了HUD确定的该区域内标准质量出租单位的平均租金水平，为租金定价提供了一个基准。
- 西科文纳的Zillow观察到的租金指数（ZORI）为$2,645。该指数衡量了该地区典型租赁房产的实际支付租金，表明实际市场租金与FMR非常接近。
- 西科文纳的中位数房价为$929,708。这个数值反映了该区域内售出房屋的中间价格，为投资者提供了关于整体住房市场趋势和潜在增值可能性的洞察。
- 91791地区租房人口占总人口的35.5%。这表明社区中有相当一部分人选择租房而非购房，这对租赁市场构成了支撑。
- 该地区房源在市场上停留的天数（DOM）数据不可用，这可能意味着房源一旦上市，通常很快就能找到买家或租户。
- 91791地区的中位数收入为$102,266，显示出居民具有较强的经济能力，能够支持较高的租金水平。
综上所述，西科文纳的房地产市场呈现出稳定的租金水平和较高的房价中位数，同时拥有可观的租房人口比例和居民收入水平。对于投资者而言，这意味着该地区的租赁市场具备良好的投资潜力，尤其是在寻找那些愿意支付接近$2,650至$2,645之间租金的租户时。然而，由于房源在市场上停留的天数数据不可用，投资者应谨慎考虑市场流动性对投资回报的影响。
请允许我纠正之前的格式问题，并提供完整的英文分析：
West Covina, located in ZIP code 91791, is a suburban city in Los Angeles County, California. It provides a blend of residential areas and commercial developments, making it an attractive location

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.