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 | $1,580 |
| 1 Bedroom | $1,660 |
| 2 Bedrooms | $2,060 |
| 3 Bedrooms | $2,720 |
| 4 Bedrooms | $3,280 |
| 5 Bedrooms | $3,805 |
| 6 Bedrooms | $4,262 |
| 7 Bedrooms | $4,603 |
| 8 Bedrooms | $4,833 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $2,060 | $452,490 | 0.46% | F |
| 3BR | $2,720 | $593,349 | 0.46% | F |
| 4BR | $3,280 | $707,846 | 0.46% | F |
| 5BR | $3,805 | $883,141 | 0.43% | F |
U.S. Census Bureau data (2024)
2070 In Loma Linda, CA (ZIP 92354), the Fair Market Rent (FMR) for Section 8 housing in fiscal year 2024 is set at $2070 per month. This figure provides a benchmark for rental prices that are considered fair and reasonable in the area. 2231 However, the actual market rent, as indicated by the Zillow Observed Rent Index (ZORI), stands at $2,231, which is slightly higher than the FMR. This suggests that landlords can potentially charge more than the Section 8 rate, but they must also consider the demand for subsidized housing. 643134 The median home value in the area is $643,134, reflecting a relatively stable and affluent neighborhood where property values are significant. 599 Additionally, the renter share is 59.9%, indicating a substantial portion of the population relies on rental housing, including those who might seek Section 8 assistance. 83847 With a median income of $83,847, many residents may find it challenging to afford market rents without financial assistance, making Section 8 an attractive option for both tenants and landlords. N/A The days on market (DOM) is not available, which could imply that homes are selling quickly, though this does not directly correlate with rental dynamics. 02 The price-cut share is only 0.2%, suggesting that property values are holding steady and there's little need for landlords to lower their rental rates to attract tenants.
Given these figures, landlords in Loma Linda should be aware that while the market rent exceeds the Section 8 rate, the high renter share and median home value indicate a strong demand for affordable housing. Moreover, the stable property values and low price-cut share suggest a favorable environment for maintaining consistent rental incomes. For small-portfolio investors, Loma Linda presents a balanced opportunity, where participating in the Section 8 program can ensure a steady stream of tenants and avoid the risk of vacancies in a competitive rental market. 2070 Section 8 remains a viable option for landlords seeking to maintain occupancy rates in Loma Linda, CA.
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.