Section 8 Fair Market Rent (FMR) for ZIP 95254 - 2027

Location: Calaveras County, CA | Metro: Calaveras County, CA

Investment Score for ZIP 95254

N/A

Monthly Rent (2BR)

$1,690

Median Price (2BR)

$N/A

1% Rule

Annual Yield

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,240
1 Bedroom	$1,290
2 Bedrooms	$1,690
3 Bedrooms	$2,280
4 Bedrooms	$2,450
5 Bedrooms	$2,842
6 Bedrooms	$3,183
7 Bedrooms	$3,438
8 Bedrooms	$3,610

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
3BR	$2,280	$545,959	0.42%	F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

313

Median Household Income

$N/A

Housing Units

178

Renter Percentage

48.9%

Occupancy Rate

100.0%

Renter Occupied

To determine if you should buy in ZIP code 95254 for Section 8 purposes, follow this decision tree:

1) Does FMR $1,700 (metro FY 2026) clear debt service on a $557,900 property?

No. The Fair Market Rent (FMR) of $1,700 does not sufficiently cover the debt service on a property valued at $557,900. Debt service typically includes mortgage payments, property taxes, insurance, and maintenance costs. Given the property value, the annual debt service would likely exceed $1,700 per month, making it financially unviable to rely solely on Section 8 tenants for this ZIP code.

2) Is market rent N/A (N/A) above, at, or below FMR?

It depends. There's no available data on the market rent for ZIP 95254. Without this information, it's impossible to compare market rents to the FMR of $1,700. This lack of data introduces uncertainty into your investment decision. If you can find market rent data, you'll need to assess whether it's above, at, or below the FMR to understand the potential rental income.

3) Are 48.9% renters + N/A-day DOM enough demand?

Yes. With 48.9% of residents being renters, there is a significant portion of the population that relies on rental housing. However, the Days on Market (DOM) data is unavailable, which means you cannot assess how quickly properties are rented out. Despite this gap in information, the high percentage of renters suggests there is sufficient demand for rental units. However, the absence of DOM data means you cannot fully gauge the speed of tenant acquisition.

In conclusion, while there is a notable demand for rental properties in ZIP 95254, the FMR of $1,700 is insufficient to cover the debt service on a property priced at $557,900. The lack of market rent and DOM data further complicates the decision-making process. It's advisable to seek additional local market insights before proceeding with an investment.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.