Section 8 Fair Market Rent (FMR) for ZIP 95159 - 2027

FY 2027 Fair Market Rent Rates

3130 is the Fair Market Rent (FMR) for ZIP 95159 in fiscal year 2024, according to HUD standards. This figure represents the maximum amount that a property can charge under the Section 8 program.

N/A market rent data is currently unavailable, making it difficult to directly compare the FMR against the local rental market. However, the lack of specific market rent figures does not necessarily indicate a weak rental environment; it could simply mean that recent data has not been updated.

N/A median home value suggests that there is no recent data available for the median home value in ZIP 95159. Without this figure, it's challenging to assess the overall property value trends in the area.

N/A% renter share indicates that there is no current data on the percentage of renters in ZIP 95159. This metric would typically help landlords understand the size of their potential tenant pool.

N/A median income means that the most recent data on median household income is not available. This information is crucial for assessing the economic stability of the area and the ability of residents to afford rent.

N/A-day DOM (Days On Market) shows that there is no recent data on how long properties typically stay on the market before being rented out. A low DOM figure would suggest strong demand, while a high DOM might indicate challenges in finding tenants.

N/A% price-cut share indicates that there is no recent data on the percentage of listings that have been discounted. This figure would help landlords gauge whether they need to adjust their pricing strategy to remain competitive.

In summary, while the Section 8 Fair Market Rent for ZIP 95159 is set at $3130, the absence of key metrics such as market rent, median home value, renter share, median income, DOM, and price-cut share makes it difficult to provide a comprehensive analysis. Landlords and small-portfolio investors should seek additional sources to fill these gaps before making investment decisions.

Verdict: ZIP 95159 is viable for Section 8 investments, but further research is needed to fully evaluate its potential.

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.