Location: Inyo County, CA | Metro: Inyo County, CA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,100 |
| 1 Bedroom | $1,440 |
| 2 Bedrooms | $1,570 |
| 3 Bedrooms | $2,010 |
| 4 Bedrooms | $2,630 |
| 5 Bedrooms | $3,051 |
| 6 Bedrooms | $3,417 |
| 7 Bedrooms | $3,690 |
| 8 Bedrooms | $3,875 |
U.S. Census Bureau data (2024)
The ZIP code 93549 presents an interesting balance between yield potential and market stability. To understand its classification, let's break down the key figures provided.
Firstly, the yield potential can be assessed by comparing the Fair Market Rent (FMR) to the median market rent and home values. The FMR for the metro area in fiscal year 2026 is set at $1,740. This figure is significantly higher than the market rent of $1,188, indicating that there is a substantial opportunity for landlords to charge above-market rents and potentially achieve higher yields. However, the absence of home value data means we cannot directly compare rental income to property purchase costs, which would provide a clearer picture of the yield potential.
Moving on to stability, the ZIP code has a notable 38.1% of its population renting homes. This percentage suggests a moderate level of demand for rental properties. The lack of data on days on market (DOM) makes it difficult to gauge how quickly rental units turn over, which is a critical factor for assessing stability. Lastly, the average income of $73,958 provides insight into the financial health of the residents, supporting the idea that they have the capacity to pay higher rents without facing significant financial strain.
Based on these figures, 93549 leans towards being a steady-cashflow zone rather than a high-yield/low-stability market. The higher FMR compared to the market rent indicates that landlords can charge premium rents, but the relatively low turnover rate implied by the high renter percentage suggests that the market is stable enough to support consistent cash flow. Moreover, the average income supports the ability of tenants to maintain their rent payments over time, further enhancing the stability aspect.
To summarize, ZIP 93549 offers a blend of yield and stability, making it attractive for landlords and small-portfolio investors looking for a mix of both. The $1,740 FMR versus the $1,188 market rent signals a chance for higher returns, while the 38.1% renter population and $73,958 average income suggest a stable tenant base capable of sustaining those higher rents.
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.