Section 8 Fair Market Rent (FMR) for ZIP 95379 - 2027

Location: Tuolumne County, CA | Metro: Tuolumne County, CA

Investment Score for ZIP 95379

D
Monthly Rent (2BR)
$1,860
Median Price (2BR)
$283,600
1% Rule
0.66%
Annual Yield
7.87%

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$1,300
1 Bedroom$1,470
2 Bedrooms$1,860
3 Bedrooms$2,420
4 Bedrooms$3,110
5 Bedrooms$3,608
6 Bedrooms$4,041
7 Bedrooms$4,364
8 Bedrooms$4,582

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
2BR $1,860 $283,600 0.66% D
3BR $2,420 $376,068 0.64% D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
3,598
Median Household Income
$74,230
Housing Units
1,680
Renter Percentage
16.8%
Occupancy Rate
90.2%
Renter Occupied
254

The real estate market in ZIP 95379, Tuolumne, CA, presents a unique opportunity for landlords and small-portfolio investors. With a median home value at $341,716, the area reflects a moderate price point that balances affordability and investment potential. The data on listing reductions and days on market (DOM) being marked as N/A suggests a stable market where sellers are maintaining their asking prices without significant adjustments, indicating strong seller confidence and pricing power.

On the rental side, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is projected to be $1,860, whereas the current market rent stands at $1,258. This gap signals an upward trend in rental prices, likely due to increased demand or cost pressures. Investors can leverage this dynamic to adjust their rental rates closer to the FMR, thereby increasing cash flow without significantly deterring tenants, given the relative stability in home values.

For long-term investors, the setup in Tuolumne implies a cautious approach towards appreciation expectations. While the current median home value suggests a solid foundation, the lack of specific data on listing reductions and DOM indicates that rapid price increases might not be imminent. However, the growing disparity between the FMR and actual market rents hints at a scenario where rental income could become a more significant driver of returns. Long-term capital appreciation is less certain but remains possible if broader economic conditions improve, driving up home values.

In summary, the current market conditions in ZIP 95379 favor maintaining or slightly increasing property values and rental rates. Landlords and investors should focus on optimizing rental income while being mindful of the local economic context, which does not strongly support aggressive price hikes or unrealistic appreciation theses.

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.