Section 8 Fair Market Rent (FMR) for ZIP 92812 - 2027

Location: Santa Ana-Anaheim-Irvine, CA | Metro: Santa Ana-Anaheim-Irvine, CA HUD Metro FMR Area

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$2,580
1 Bedroom$2,610
2 Bedrooms$3,060
3 Bedrooms$4,160
4 Bedrooms$4,970
5 Bedrooms$5,765
6 Bedrooms$6,457
7 Bedrooms$6,974
8 Bedrooms$7,323
Based on the available data, ZIP code 92812 is located in Anaheim, California. Unfortunately, specific demographic details such as population size, percentage of renters, median income, and median home value are not readily available for this particular ZIP code due to its classification as a PO Box ZIP Code. However, we can still analyze the rental market dynamics in 92812.

The Fair Market Rent (FMR) for ZIP 92812 in fiscal year 2024 is set at $2780 per month for a standard unit. This figure represents the government's benchmark for determining the maximum allowable rent for a Section 8 voucher holder. While the exact market rent for 92812 is not specified in the data provided, it is important to note that FMRs are typically lower than the actual market rents in most areas.

Given the lack of detailed local market rent data, it is prudent to compare the FMR to broader regional trends. In Orange County, where Anaheim is located, market rents tend to be higher than the FMR. For example, a typical two-bedroom apartment in Anaheim might rent for over $2780, depending on location and amenities.

Considering these factors, ZIP 92812 would likely suit both hands-off voucher operators and hands-on value-add buyers. The FMR of $2780 provides a stable baseline for those seeking a passive investment strategy through Section 8 tenancy. Meanwhile, the potential for market rents exceeding this figure offers opportunities for active investors looking to enhance property value and attract non-voucher tenants.

In conclusion, while precise local data is limited, the combination of a reasonable FMR and the strong rental market in the broader Anaheim area makes ZIP 92812 an attractive option for Section 8 investors. Whether pursuing a hands-off approach or engaging in value-add strategies, there are clear opportunities for success in this neighborhood.

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.