Section 8 Fair Market Rent (FMR) for ZIP 93553 - 2027

Location: Los Angeles-Long Beach-Glendale, CA | Metro: Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area

Investment Score for ZIP 93553

Monthly Rent (2BR)

$2,960

Median Price (2BR)

$345,334

1% Rule

0.86%

Annual Yield

10.29%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$2,150
1 Bedroom	$2,400
2 Bedrooms	$2,960
3 Bedrooms	$3,760
4 Bedrooms	$4,200
5 Bedrooms	$4,872
6 Bedrooms	$5,457
7 Bedrooms	$5,894
8 Bedrooms	$6,189

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
2BR	$2,960	$345,334	0.86%	C
3BR	$3,760	$454,017	0.83%	C
4BR	$4,200	$547,311	0.77%	D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

1,319

Median Household Income

$74,643

Housing Units

779

Renter Percentage

13.5%

Occupancy Rate

71.1%

Renter Occupied

ZIP code 93553, located in Pearblossom, California, falls within the larger Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area. The Fair Market Rent (FMR) for ZIP 93553 in fiscal year 2024 is set at $2180. This figure is notably lower than the typical FMRs found in other ZIP codes within the same metro area, which generally range higher due to the densely populated urban centers.

The absence of market rent data for ZIP 93553 suggests limited availability of recent rental listings or a smaller rental market relative to other areas. However, the median home value stands at $431,431, which is also lower than many ZIP codes within the broader Los Angeles metro. This combination of lower FMR and home values indicates that 93553 is likely a value pocket within the metro area.

A value pocket is characterized by relatively lower costs compared to surrounding areas, making it attractive for affordable housing options. With a 13.5% renter share, Pearblossom has a modest proportion of renters, suggesting a mix of homeowners and tenants. Despite the lower renter share, the lower home values and FMRs still make this ZIP an appealing option for landlords and investors seeking to maximize returns on investment properties.

To further contextualize, consider the following:

Fair Market Rent ($2180): This is lower than what is typically seen in urbanized parts of the Los Angeles metro, where rents can exceed $2500 per month.
Home Value ($431,431): This is also below the average for the metro area, indicating a more affordable market for both purchasing and renting.
Renter Share (13.5%): While not exceptionally high, the presence of a renter population combined with lower property values can be indicative of a sweet spot for Section 8 properties. Landlords here can offer affordable housing options that align well with the financial assistance provided by the program.

In summary, ZIP 93553 represents a value pocket within the expansive Los Angeles-Long Beach-Glendale HUD Metro FMR Area. Its lower FMR and home values, coupled with a moderate renter share, present opportunities for investors interested in affordable housing markets.

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.