Location: Tuolumne County, CA | Metro: Tuolumne County, CA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,110 |
| 1 Bedroom | $1,270 |
| 2 Bedrooms | $1,600 |
| 3 Bedrooms | $2,080 |
| 4 Bedrooms | $2,670 |
| 5 Bedrooms | $3,097 |
| 6 Bedrooms | $3,469 |
| 7 Bedrooms | $3,747 |
| 8 Bedrooms | $3,934 |
The analysis of ZIP code 95373 within the context of Section 8 real estate investment reveals several critical points that landlords and small-portfolio investors should consider.
The first question to address is whether the rent math works. The Fair Market Rent (FMR) for the CA metro area, including ZIP 95373, is set at $1,590 for fiscal year 2026. However, the specific market rent for this ZIP code is currently unavailable, making it difficult to compare the FMR against actual local rental rates. This absence of market rent data suggests an incomplete picture, but the FMR can still serve as a benchmark for potential income.
Regarding the affordability of acquisition, the median home value for ZIP 95373 is also not available, which complicates the assessment of property costs relative to typical market values. Additionally, the data on the average number of days on the market (DOM) and the percentage of homes needing price cuts before selling is missing. Without these figures, it's challenging to gauge how competitive the real estate market is and whether properties are likely to sell quickly at their asking price.
The third point concerns tenant demand. The population data and the percentage of residents who are renters for ZIP 95373 are both unavailable. These metrics are crucial for understanding if there is sufficient demand for rental properties and whether Section 8 tenants would be a viable segment of the market.
Verdict: Despite the Fair Market Rent being established at $1,590, the lack of specific market rent, median home value, DOM, price-cut percentage, population, and renter share data for ZIP 95373 presents significant challenges for landlords and small-portfolio investors. The incomplete dataset hinders a comprehensive evaluation of the potential for successful Section 8 investments in this area. To make informed decisions, additional research is required to fill in these gaps and provide a clearer understanding of the local real estate and rental markets.
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.