Location: Modesto, CA | Metro: Modesto, CA MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,270 |
| 1 Bedroom | $1,380 |
| 2 Bedrooms | $1,800 |
| 3 Bedrooms | $2,410 |
| 4 Bedrooms | $2,820 |
| 5 Bedrooms | $3,271 |
| 6 Bedrooms | $3,664 |
| 7 Bedrooms | $3,957 |
| 8 Bedrooms | $4,155 |
The ZIP code 95352 in Modesto County, California, stands out due to its unique data points. However, specific details such as the number of residents, percentage of renters, median income, and median home value are currently unavailable. This lack of precise demographic and economic data makes it challenging to provide a detailed analysis of the area's stability or transitional nature.
Moving onto the voucher economics, the Fair Market Rent (FMR) for ZIP 95352 has been set at $1530 for the fiscal year 2024. While the exact market rent is not available, this FMR figure serves as a benchmark for landlords and small-portfolio investors who participate in the Section 8 program. The FMR represents the maximum amount that can be paid for rental housing under the program, ensuring that tenants can find affordable housing options within the ZIP code.
Without the complete data signature, it is difficult to assess whether the ZIP code is stable or transitional. Typically, a stable ZIP code would have consistent demographic trends and economic indicators over time, while a transitional ZIP code might show signs of change, such as shifts in population composition or varying rental prices. To make an informed judgment, additional data on past and present trends in 95352 would be necessary.
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.