Location: Oxnard-Thousand Oaks-Ventura, CA | Metro: Oxnard-Thousand Oaks-Ventura, CA MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,500 |
| 1 Bedroom | $1,670 |
| 2 Bedrooms | $1,990 |
| 3 Bedrooms | $2,700 |
| 4 Bedrooms | $3,140 |
| 5 Bedrooms | $3,642 |
| 6 Bedrooms | $4,079 |
| 7 Bedrooms | $4,405 |
| 8 Bedrooms | $4,625 |
U.S. Census Bureau data (2024)
2190 In ZIP code 93015, the Fair Market Rent (FMR) for Section 8 eligibility in fiscal year 2024 is set at $2,190. 2350 This compares to a market rent of $2,350, indicating that properties priced slightly below market rates could still be attractive to both Section 8 participants and private renters. 699371 The median home value stands at $699,371, reflecting a significant investment for those looking to enter the Fillmore, CA market. 33.2 The renter share is 33.2%, suggesting a moderate demand for rental properties in the area. 92777 With a median income of $92,777, tenants may find it easier to meet the financial requirements of Section 8 participation, though landlords should consider the local income levels when setting rents. N/A The days on market (DOM) figure is not available, which means we cannot directly assess how quickly properties are typically leased in this area. 0.1 However, the low price-cut share of 0.1% suggests that landlords generally do not need to reduce their asking prices to attract tenants, indicating a strong rental market.
Given the data, landlords and small-portfolio investors in Fillmore, CA can expect steady demand for rental properties, especially if they position their units near the $2,190 FMR threshold. The robust median income supports a healthy tenant pool, while the low price-cut share points to a favorable environment for maintaining rental prices. For those considering Section 8 properties, the area offers a balanced opportunity where fair market rents align closely with market conditions. The verdict on Section 8 in Fillmore, CA is positive, provided landlords adhere to the program's guidelines and manage their properties effectively.
Data Sources: FMR data from HUD (2027). 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.