Location: Calaveras County, CA | Metro: Calaveras County, CA
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 | $1,050 |
| 1 Bedroom | $1,150 |
| 2 Bedrooms | $1,500 |
| 3 Bedrooms | $2,080 |
| 4 Bedrooms | $2,250 |
| 5 Bedrooms | $2,610 |
| 6 Bedrooms | $2,923 |
| 7 Bedrooms | $3,157 |
| 8 Bedrooms | $3,315 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,500 | $244,737 | 0.61% | D |
| 3BR | $2,080 | $357,773 | 0.58% | F |
U.S. Census Bureau data (2024)
15.8% of the population in ZIP 95257, Wilseyville, CA, are renters, indicating a moderate demand for rental properties in the area. Despite the N/A market rent and N/A-day DOM figures, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,660, providing a benchmark for rental pricing. This figure is crucial for landlords and small-portfolio investors looking to align their rents with HUD guidelines.
The median home value in Wilseyville is $277,080, suggesting that homeownership is relatively affordable compared to other parts of California. However, the median income of $71,437 indicates that many residents might find it challenging to afford purchasing a home, thus potentially increasing the reliance on rental housing.
Investors should note that the lack of specific data on market rent and days on market (DOM) makes it difficult to gauge the exact competitiveness of the rental market. Similarly, the N/A% price-cut share suggests that there is limited information on how frequently property prices are adjusted downward, which could be indicative of a stable market.
In the context of Section 8 housing, the $1,660 FMR provides a critical reference point. Landlords participating in the Section 8 program can expect to receive rental payments up to this amount, depending on the specific terms of their contract and the tenant's income level. Given the median income of $71,437, it is reasonable to assume that many potential tenants would qualify for assistance under the Section 8 program, making it an attractive option for those seeking a steady stream of income.
A key consideration for investors is the percentage of renters, which stands at 15.8%. While this is not exceptionally high, it does suggest a niche market for rental properties, particularly those that cater to lower-income individuals who may benefit from the Section 8 program. The absence of precise market rent data means that landlords must rely on the FMR and local knowledge to determine competitive pricing.
Overall, for landlords and small-portfolio investors in Wilseyville, CA, the Section 8 program represents a viable strategy for ensuring consistent rental income, especially given the affordability of home values and the moderate percentage of renters. Participation in the program can help fill vacancies and attract tenants who might otherwise struggle to find suitable housing.
Verdict: Section 8 participation is recommended for investors in Wilseyville, CA, given the established FMR and the need for affordable rental options.
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.