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: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $1,600 | $316,257 | 0.51% | F |
| 2BR | $1,990 | $387,083 | 0.51% | F |
| 3BR | $2,630 | $447,662 | 0.59% | F |
| 4BR | $3,170 | $504,361 | 0.63% | D |
| 5BR | $3,677 | $547,273 | 0.67% | D |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 92411 in San Bernardino, CA, for fiscal year 2024 is set at $1690. This figure represents the maximum amount that a landlord can charge as rent for a Section 8 voucher holder in this area. It's important to note that this is not your actual rent; it's the payment standard established by the government.
To put this into perspective, the local Zillow Observed Rent Index (ZORI) for ZIP 92411 is currently at $2,693. This indicates that the average market rent is significantly higher than the FMR for Section 8 tenants. Therefore, if you're considering a Section 8 rental, you should be prepared to accept a lower rent compared to what you might receive from a non-voucher tenant.
The demand for rentals in this area is strong, with 44.3% of residents being renters. This high percentage suggests that there is a substantial need for affordable housing options, making Section 8 vouchers an attractive option for many potential tenants. However, you must also consider the acquisition cost of properties in this area, which averages around $424,565.
Before deciding to participate in the Section 8 program, you must verify that your property meets all the necessary inspection requirements. The Housing Quality Standards (HQS) inspection is critical and ensures that your rental unit is safe and livable. Failure to meet these standards could result in disqualification from the program, even if you've already signed a lease with a voucher holder.
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.