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 | $247,110 | 0.65% | D |
| 2BR | $1,990 | $322,157 | 0.62% | D |
| 3BR | $2,630 | $443,029 | 0.59% | F |
| 4BR | $3,170 | $505,520 | 0.63% | D |
| 5BR | $3,677 | $547,404 | 0.67% | D |
U.S. Census Bureau data (2024)
1690 is the Fair Market Rent (FMR) for ZIP 92583 in San Jacinto, CA, for fiscal year 2024, setting a benchmark for rental properties in the area. 2386 is the Zillow Observed Rental Index (ZORI), indicating the average market rent, which is notably higher than the FMR. 451,172 represents the median home value in the region, reflecting a significant investment opportunity for those looking to enter the housing market. 31.4% is the share of renters in San Jacinto, suggesting a substantial portion of the population relies on rental housing, making it a viable option for landlords. 68,351 is the median income figure, showing the economic context in which potential tenants operate. Despite this, N/A-day DOM (Days on Market) indicates that there is no specific data available on how long properties typically remain unsold, which could be due to a robust real estate market or limited sales activity. 0.2% is the price-cut share, demonstrating that very few listings require price adjustments, a sign of strong demand and stability in property values.
The disparity between the FMR and the ZORI highlights a gap where landlords can potentially offer affordable housing options while still maintaining profitability. The high median home value suggests that homeownership is less accessible to many residents, thereby increasing the reliance on rental properties. With a 31.4% renter share, the demand for rentals is evident, and the low price-cut share reinforces the idea that rental properties in this area are highly sought after. Given these factors, landlords and small-portfolio investors should consider the Section 8 program as a stable and reliable source of tenants, ensuring consistent cash flow and occupancy rates.
Section 8 verdict: San Jacinto, CA, presents a favorable environment for Section 8 participation, with strong tenant demand and relatively low competition among landlords.
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.