Location: San Diego-Chula Vista-Carlsbad, CA | Metro: San Diego-Chula Vista-Carlsbad, 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 | $2,260 |
| 2 Bedrooms | $2,730 |
| 3 Bedrooms | $3,620 |
| 4 Bedrooms | $4,380 |
| 5 Bedrooms | $5,081 |
| 6 Bedrooms | $5,691 |
| 7 Bedrooms | $6,146 |
| 8 Bedrooms | $6,453 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $2,730 | $670,976 | 0.41% | F |
| 3BR | $3,620 | $910,296 | 0.4% | F |
| 4BR | $4,380 | $1,222,718 | 0.36% | F |
| 5BR | $5,081 | $1,473,725 | 0.34% | F |
U.S. Census Bureau data (2024)
The ZIP code 91935, located in Jamul, California, stands out within San Diego County due to several unique characteristics. With a population of 9,114 residents, only 9.5% of whom rent their homes, it has a relatively low rental demand compared to other areas. The median household income is $151,538, indicating a higher economic status among its inhabitants. Furthermore, the median home value of $1,016,879 reflects a premium real estate market, which is significantly above the county average.
In terms of Section 8 voucher economics, the Fair Market Rent (FMR) for ZIP 91935 in fiscal year 2024 is set at $2,980. This figure is notably higher than the actual market rent, which stands at $2,224 according to the latest Census American Community Survey (ACS) data. Landlords in this area can expect to receive a higher payment standard through the Section 8 program, making it a potentially attractive option despite the overall low rental demand.
The data signature for ZIP 91935 suggests a stable environment. The high median income and home values indicate a community that is economically secure and likely resistant to short-term fluctuations. Additionally, the low percentage of renters implies that most residents own their homes, further stabilizing the local real estate market. However, the significant gap between the FMR and the actual market rent could be an indicator of transitional dynamics within the rental sector, driven by the premium property values and limited rental stock.
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.