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 | $1,530 |
| 1 Bedroom | $1,600 |
| 2 Bedrooms | $1,990 |
| 3 Bedrooms | $2,630 |
| 4 Bedrooms | $3,170 |
| 5 Bedrooms | $3,677 |
| 6 Bedrooms | $4,118 |
| 7 Bedrooms | $4,447 |
| 8 Bedrooms | $4,669 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $1,600 | $142,282 | 1.12% | B |
| 2BR | $1,990 | $198,174 | 1% | B |
| 3BR | $2,630 | $266,768 | 0.99% | C |
| 4BR | $3,170 | $308,292 | 1.03% | B |
| 5BR | $3,677 | $371,103 | 0.99% | C |
U.S. Census Bureau data (2024)
The potential pitfalls for Section 8 landlords in ZIP 92311, Barstow, CA, are significant. Tenant turnover is a notable concern, with the market rent at $1,408 being notably lower than the Fair Market Rent (FMR) of $1,580 for fiscal year 2024. This discrepancy can lead to frequent changes in occupancy, which may disrupt the stability of rental income. Additionally, the average Days on Market (DOM) of 32 days suggests a moderate risk of vacancy exposure. Landlords should be prepared for periods where their properties might remain unoccupied, impacting cash flow. The deferred maintenance exposure is another critical factor, considering the typical home value of $263,384 and a median income of $61,862. Lower incomes can result in higher maintenance costs, as tenants may not be able to afford necessary repairs and upkeep, placing the burden on the landlord.
However, these risks are balanced by the high renter share in the area, which stands at 50.0%. High renter density typically correlates with increased demand for housing vouchers, making it easier for landlords to find eligible tenants. This robust tenant pool can help mitigate the financial impact of vacancies and maintain steady rental income.
In conclusion, the overall risk for a first-time Section 8 landlord in ZIP 92311, Barstow, CA, is moderate.
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.