Location: Riverside-San Bernardino-Ontario, CA | Metro: Riverside-San Bernardino-Ontario, CA MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,560 |
| 1 Bedroom | $1,650 |
| 2 Bedrooms | $2,040 |
| 3 Bedrooms | $2,690 |
| 4 Bedrooms | $3,240 |
| 5 Bedrooms | $3,758 |
| 6 Bedrooms | $4,209 |
| 7 Bedrooms | $4,546 |
| 8 Bedrooms | $4,773 |
$1940 is the Fair Market Rent (FMR) for ZIP 92375 as of fiscal year 2024, indicating the baseline rental cost supported by federal housing assistance programs.
$549,000 is the asking price for a 3-bedroom, 3-bathroom house in the vicinity, showcasing the high end of the residential real estate market in this area.
$729,000 is another notable figure for a 4-bedroom, 3-bathroom property, reflecting the premium placed on larger homes in ZIP 92375.
$760,000 represents the price tag for a 3-bedroom, 3-bathroom house, further illustrating the competitive nature of the housing market here.
$275,000 is the current asking price for a 2-bedroom, 2-bathroom home, demonstrating the lower end of the market, which has seen recent price cuts.
$229,000 is the reduced price for a 2-bedroom, 1-bathroom condo, highlighting the trend of price adjustments in response to market conditions.
$445,000 is the listed price for a 2-bedroom, 2-bathroom home with amenities such as a sparkling pool, indicating the inclusion of luxury features in some properties.
$390,000 is the adjusted price for a 2-bedroom, 2-bathroom condo, showing how market dynamics can influence property values over time.
The presence of multiple price cuts suggests a dynamic market where property values are being re-evaluated based on demand and competition.
Despite the lack of specific market rent, median home value, and other key metrics for ZIP 92375, the available data points towards a diverse and active real estate market.
Given the $1940 FMR and the variability in property prices, landlords and small-portfolio investors should consider the potential for Section 8 tenants in ZIP 92375.
Section 8 Verdict: Suitable for Section 8 participation with a mix of property types and pricing options.
Data Sources: FMR data from HUD (2027).
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.