Section 8 Fair Market Rent (FMR) for ZIP 93584 - 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$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
Based on the available data, ZIP 93584 in Lancaster, CA, is best suited as a **cash-flow anchor** within a Section 8 portfolio strategy. The Fair Market Rent (FMR) for the Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area in FY 2024 is set at $2540. This figure represents the maximum amount that the government will reimburse landlords for renting out units to low-income tenants under the Section 8 program. Given that the market data for median home values and recent sales prices in ZIP 93584 is currently unavailable, the FMR serves as a reliable benchmark for determining the potential cash flow from Section 8 properties. Landlords and small-portfolio investors can expect steady, government-backed rental income from properties in this area, which helps mitigate risks associated with market fluctuations and tenant default.

The $2540 FMR provides a consistent revenue stream, making ZIP 93584 a stable addition to any Section 8-focused investment portfolio. This predictability is crucial for maintaining positive cash flow and ensuring long-term financial stability.

While appreciation plays and diversifiers are important aspects of real estate investing, the lack of detailed market data makes it challenging to assess the potential for significant price increases or the percentage of renters and median income levels in ZIP 93584. Therefore, relying on the FMR as a cash-flow anchor is the most prudent approach for investors looking to secure a reliable income source through the Section 8 program.

Data Sources: FMR data from HUD (2027).

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.