Location: Los Angeles-Long Beach-Glendale, CA | Metro: Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area
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 | $1,920 |
| 1 Bedroom | $2,140 |
| 2 Bedrooms | $2,640 |
| 3 Bedrooms | $3,350 |
| 4 Bedrooms | $3,750 |
| 5 Bedrooms | $4,350 |
| 6 Bedrooms | $4,872 |
| 7 Bedrooms | $5,262 |
| 8 Bedrooms | $5,525 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $2,140 | $288,864 | 0.74% | D |
| 2BR | $2,640 | $366,858 | 0.72% | D |
| 3BR | $3,350 | $462,271 | 0.72% | D |
| 4BR | $3,750 | $538,000 | 0.7% | D |
| 5BR | $4,350 | $585,038 | 0.74% | D |
U.S. Census Bureau data (2024)
The rent math in ZIP 93543, Littlerock, CA, does not align perfectly with federal guidelines. The Fair Market Rent (FMR) set by HUD for the area in fiscal year 2024 is $2140. However, the actual market rent, as per Census ACS data, stands at $1,759. This discrepancy indicates that while landlords can potentially charge up to $2140, tenants receiving federal assistance might find it challenging to cover such rents.
Acquisition in this ZIP code is relatively affordable for investors. The median home value is $468,192. Although the number of days on market (DOM) is not available, the low price-cut share of 0.1% suggests that homes are selling close to their asking prices without significant reductions. This implies a stable market where homes are likely to be valued accurately and sold promptly.
Tenant demand in ZIP 93543 is moderate. With a total population of 12,275, approximately 26.0% of residents are renters. This indicates a consistent pool of potential tenants but also suggests that competition among rental properties could be substantial, requiring landlords to maintain competitive pricing and property quality.
In summary, the rent math in ZIP 93543 presents a challenge due to the gap between HUD's FMR and market rates. Acquisition is affordable given the median home value and the low rate of price cuts, suggesting homes sell at or near their listed prices. Tenant demand is present, though the percentage of renters is not exceptionally high, implying a need for landlords to manage their properties effectively to attract and retain tenants. Landlords and small-portfolio investors should carefully consider these factors before entering the market in this area.
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.