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 | $2,050 |
| 1 Bedroom | $2,180 |
| 2 Bedrooms | $2,640 |
| 3 Bedrooms | $3,500 |
| 4 Bedrooms | $4,230 |
| 5 Bedrooms | $4,907 |
| 6 Bedrooms | $5,496 |
| 7 Bedrooms | $5,936 |
| 8 Bedrooms | $6,233 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $2,180 | $683,297 | 0.32% | F |
| 2BR | $2,640 | $1,000,574 | 0.26% | F |
| 3BR | $3,500 | $1,175,169 | 0.3% | F |
| 4BR | $4,230 | $1,381,680 | 0.31% | F |
| 5BR | $4,907 | $1,770,209 | 0.28% | F |
U.S. Census Bureau data (2024)
The classification of ZIP code 92054 in Oceanside, CA, on the yield and stability axes reveals a market that leans towards providing steady cash flow rather than being a high-yield/low-stability flip-style market. The key figures driving this analysis include the Fair Market Rent (FMR) of $2,650 for the fiscal year 2024, compared to the market rent of $3,128. Additionally, the median home value stands at $1,112,059.
On the stability axis, the data points to a relatively stable rental environment. With 60.9% of residents being renters, there is a strong demand for rental properties. The days on market (DOM) figure of 21 days indicates a quick turnover rate, which is favorable for landlords. Furthermore, the median household income of $82,408 suggests that tenants have a reasonable ability to pay rent consistently.
The yield calculation is based on the FMR and market rent figures. At $2,650, the FMR is lower than the market rent of $3,128, indicating that landlords can potentially charge above the FMR to maximize their rental income. However, the median home value of $1,112,059 is significantly higher, which means that the potential for flipping homes for profit is limited due to the high purchase price.
In terms of stability, the high percentage of renters (60.9%) and the quick DOM (21 days) suggest a consistent rental market. The median income figure also supports this, as it implies that most residents can afford to pay rent without significant financial strain.
Given these factors, ZIP 92054 appears to be a steady-cashflow zone. Landlords can expect reliable rental income with minimal risk of vacancy, though the opportunity for extremely high yields through rental pricing alone is constrained by the overall cost of living and housing prices in the area.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.