Section 8 Fair Market Rent (FMR) for ZIP 93563 - 2027

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

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,600
1 Bedroom	$1,740
2 Bedrooms	$2,150
3 Bedrooms	$2,780
4 Bedrooms	$3,220
5 Bedrooms	$3,735
6 Bedrooms	$4,183
7 Bedrooms	$4,518
8 Bedrooms	$4,744

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

195

Median Household Income

$N/A

Housing Units

Renter Percentage

N/A

Occupancy Rate

45.6%

Renter Occupied

To determine if you should buy in ZIP code 93563 for Section 8 purposes, follow this decision tree:

Does FMR $2220 (zip FY 2024) clear debt service on a property?
- If yes: Proceed to the next question.
- If no: Do not purchase for Section 8. The Fair Market Rent (FMR) does not cover your costs.
Is market rent above, at, or below FMR?
- If market rent is above $2220: It depends. Consider the vacancy rates and whether the difference between market rent and FMR can be bridged by the Section 8 voucher.
- If market rent is at or below $2220: Proceed to the next question.
Are 0.0% renters and N/A-day days on the market (DOM) enough demand?
- If there is significant demand (renters percentage is non-zero and DOM is reasonable): Yes, consider purchasing. There is enough tenant interest to fill vacancies promptly.
- If there is no demand (0.0% renters and high DOM): No, do not purchase. There isn't sufficient tenant interest to ensure timely occupancy.

Note that the data provided indicates a 0.0% renters rate and an unspecified number of days on the market, which suggests a lack of demand for rentals in ZIP 93563. Additionally, the Fair Market Rent of $2220 must be compared against your debt service costs to determine if it's feasible to operate under Section 8 guidelines. Lastly, without specific market rent figures, it's difficult to assess how competitive rental prices are relative to the FMR.

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.