Location: Calaveras County, CA | Metro: Calaveras County, CA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,110 |
| 1 Bedroom | $1,170 |
| 2 Bedrooms | $1,530 |
| 3 Bedrooms | $2,120 |
| 4 Bedrooms | $2,220 |
| 5 Bedrooms | $2,575 |
| 6 Bedrooms | $2,884 |
| 7 Bedrooms | $3,115 |
| 8 Bedrooms | $3,271 |
U.S. Census Bureau data (2024)
The Section 8 market in ZIP code 95224, located in Calaveras County, California, offers a unique investment opportunity for landlords and small-portfolio investors. The HUD Fair Market Rent (FMR) for the area, which is set at $1,540 per month for the fiscal year 2026, serves as a critical benchmark for evaluating the financial viability of rental properties under the Section 8 program.
Unfortunately, specific market rent data for ZIP 95224 is currently unavailable. However, we can analyze the potential cash flow by comparing the HUD FMR against the median home value of $391,550. This comparison yields a rent-to-price ratio that can be indicative of how well voucher tenants might perform financially in this market. A higher rent-to-price ratio typically suggests stronger cash flow opportunities for investors.
In the absence of precise market rent data, it's reasonable to infer that voucher tenants in ZIP 95224 will likely cashflow at the FMR level, but this conclusion depends heavily on the actual market rents. Given the relatively high median home value, it's possible that landlords might need to focus on premium units or slightly below-market-rate rentals to ensure positive cash flow.
The lack of day-specific median Days on Market (DOM) and percentage of price cuts data means we cannot directly assess the rent-versus-buy dynamics. However, the strong median home value indicates a stable housing market, which could provide a reliable foundation for long-term rental investments.
The strongest investor angle in ZIP 95224 appears to be stability, given the robust median home value and the potential for consistent cash flow when targeting the HUD FMR or slightly above it.
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.