Location: Los Angeles-Long Beach-Glendale, CA | Metro: Bakersfield-Delano, CA MSA
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 | $1,320 |
| 1 Bedroom | $1,470 |
| 2 Bedrooms | $1,870 |
| 3 Bedrooms | $2,400 |
| 4 Bedrooms | $2,890 |
| 5 Bedrooms | $3,352 |
| 6 Bedrooms | $3,754 |
| 7 Bedrooms | $4,054 |
| 8 Bedrooms | $4,257 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,870 | $303,294 | 0.62% | D |
| 3BR | $2,400 | $388,283 | 0.62% | D |
| 4BR | $2,890 | $456,160 | 0.63% | D |
| 5BR | $3,352 | $501,583 | 0.67% | D |
U.S. Census Bureau data (2024)
To integrate ZIP 93560, Rosamond, CA, into a Section 8 portfolio strategy, consider it primarily as a cash-flow anchor. This classification is based on the fiscal year 2024 Fair Market Rent (FMR) set by the U.S. Department of Housing and Urban Development (HUD), which is $2,000 for this ZIP code, compared to the market rent of $2,444. The difference of $444 per unit annually represents a significant gap that can be leveraged for stable cash flow.
The median home value in ZIP 93560 is $410,942, indicating a relatively affordable housing market. However, the key metric here is the rental market dynamics. With a 0.2% price-cut share and an average Days on Market (DOM) of 68 days, the area shows a competitive but not overly saturated rental market. Landlords can expect reasonable occupancy rates without needing to significantly reduce rents to attract tenants.
The median income in the area is $77,431, and 22.6% of residents are renters. While these figures suggest a moderate renter population, they also imply that a portion of the residents may struggle with higher market rents, making them more likely to seek out properties within the FMR range. This makes ZIP 93560 particularly suitable for landlords looking to stabilize their income through consistent Section 8 payments.
A cash-flow anchor property should generate reliable and predictable income. In ZIP 93560, the FMR of $2,000 is lower than the market rent, but the demand for affordable housing is strong enough to ensure steady occupancy. The slightly longer DOM of 68 days indicates a balanced market where there's still demand but not an overwhelming number of available units.
In conclusion, ZIP 93560 serves well as a cash-flow anchor within a Section 8 portfolio strategy due to the spread between the FMR and market rent, combined with a reasonable DOM and a sizeable yet manageable renter population. This positioning ensures that landlords can count on stable income from government-subsidized rents while maintaining a competitive edge in the local market.
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.