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 | $305,686 | 0.49% | F |
| 3BR | $2,090 | $399,613 | 0.52% | F |
| 4BR | $2,400 | $483,309 | 0.5% | F |
U.S. Census Bureau data (2024)
The median income in ZIP 93675 is $49,808. With a renter share of 21.1%, there is a significant portion of the population that may rely on government assistance such as Section 8 vouchers to secure housing.
The Fair Market Rent (FMR) for ZIP 93675 in fiscal year 2024 is set at $1,360, while the market rent stands at $1,129. This indicates a positive spread for landlords participating in the Section 8 program, allowing them to potentially earn more than the market rate.
Additionally, the median home value in ZIP 93675 is $394,522, which has seen a modest increase of 2.1% over the past year. While this growth is not explosive, it does provide a stable foundation for appreciation in the long term.
The low price-cut share (0.1%) and N/A-day Days on Market (DOM) suggest that the market is relatively stable and not experiencing high volatility or rapid turnover. This stability can be beneficial for landlords seeking consistent cash flow.
In summary, ZIP 93675 serves as a valuable diversifier within a Section 8 portfolio due to its balance of stable cash flow, potential for appreciation, and a sizable renter population that includes those eligible for Section 8 assistance.
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.