Location: Visalia, CA | Metro: Fresno, CA HUD Metro FMR Area
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 | $1,220 |
| 1 Bedroom | $1,220 |
| 2 Bedrooms | $1,500 |
| 3 Bedrooms | $2,090 |
| 4 Bedrooms | $2,400 |
| 5 Bedrooms | $2,784 |
| 6 Bedrooms | $3,118 |
| 7 Bedrooms | $3,367 |
| 8 Bedrooms | $3,535 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,500 | $259,030 | 0.58% | F |
| 3BR | $2,090 | $352,201 | 0.59% | F |
| 4BR | $2,400 | $404,889 | 0.59% | F |
| 5BR | $2,784 | $510,848 | 0.54% | F |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP 93618, Dinuba, CA, for fiscal year 2024 is set at $1,260. This figure represents the payment standard for Section 8 housing vouchers, which means it is the maximum amount the government will pay towards a tenant's rent. It does not represent the total rent you can charge, but rather the upper limit on what the voucher will cover.
To put this into perspective, the average rent in ZIP 93618, according to the Census American Community Survey, is $1,185. This suggests that the FMR is slightly above the average market rate, making it a reasonable benchmark for setting your own rent prices if you decide to participate in the Section 8 program.
Dinuba has a significant demand for rental properties, with 43.8% of residents being renters. This high percentage indicates a robust rental market where the need for affordable housing is likely strong. If you're considering adding a property to your portfolio through the Section 8 program, this statistic shows there is a good chance of finding tenants who qualify and need such assistance.
When evaluating the acquisition cost of a new rental property in Dinuba, consider that the median home value is approximately $357,661. This figure gives you an idea of the typical investment required to purchase a property in this area. However, the actual price of a rental unit may vary based on size, condition, and other factors.
Before proceeding with your first Section 8 rental in ZIP 93618, ensure you verify that the property meets all the necessary requirements for participation in the program. These include basic health and safety standards, as well as any additional criteria set by the local housing authority. Compliance with these regulations is crucial to receiving the full payment standard of $1,260.
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.