Section 8 Fair Market Rent (FMR) for ZIP 92325 - 2027

Location: Riverside-San Bernardino-Ontario, CA | Metro: Riverside-San Bernardino-Ontario, CA MSA

Investment Score for ZIP 92325

D
Monthly Rent (2BR)
$1,990
Median Price (2BR)
$314,682
1% Rule
0.63%
Annual Yield
7.59%

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$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

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
1BR $1,600 $224,138 0.71% D
2BR $1,990 $314,682 0.63% D
3BR $2,630 $407,976 0.64% D
4BR $3,170 $461,610 0.69% D
5BR $3,677 $522,254 0.7% D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
9,065
Median Household Income
$70,563
Housing Units
6,668
Renter Percentage
25.3%
Occupancy Rate
56.1%
Renter Occupied
948

The ZIP code 92325, located in Crestline, CA, has a population of 9,065 residents. Among these, 25.3% are renters, indicating that while there is a notable rental presence, it is not dominated by renters. This mix suggests a moderate demand for rental properties among Section 8 tenants, but not an overwhelming one.

The median household income in this area is $70,563, which is relatively modest compared to larger urban centers. The market rent for the area stands at $1,975, which represents approximately 28% of the median household income. This percentage is significant and indicates that rent is a substantial portion of the average household's budget.

Comparatively, the Fair Market Rent (FMR) for ZIP 92325 is set at $1,740 for fiscal year 2024. This figure is lower than the market rent, suggesting that landlords might find some difficulty in attracting tenants who rely solely on Section 8 vouchers due to the higher cost of living in the area. However, the difference between the market rent and the FMR is not excessively large, meaning that some tenants might still be able to afford the extra amount required beyond their voucher.

A landlord in ZIP 92325 can expect a tenant profile that includes individuals and families who are likely to have additional sources of income beyond just the Section 8 voucher. These tenants may include low-income workers, retirees, or those receiving other forms of government assistance. Given the median income and the market rent, tenants will need to contribute around $235 per month out-of-pocket to cover the rent, assuming they receive the full FMR voucher.

In summary, ZIP 92325 is a balanced area with a moderate number of renters, and landlords should prepare for tenants who require a combination of financial assistance and personal income to meet the rental costs. The typical rent consumes a considerable portion of local income, making it essential for landlords to understand the financial capabilities of potential tenants.

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.