Location: Santa Rosa-Petaluma, CA | Metro: Santa Rosa-Petaluma, CA MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,860 |
| 1 Bedroom | $2,020 |
| 2 Bedrooms | $2,640 |
| 3 Bedrooms | $3,660 |
| 4 Bedrooms | $4,030 |
| 5 Bedrooms | $4,675 |
| 6 Bedrooms | $5,236 |
| 7 Bedrooms | $5,655 |
| 8 Bedrooms | $5,938 |
U.S. Census Bureau data (2024)
The ZIP code 95431, located within the Santa Rosa-Petaluma, CA MSA, has a Fair Market Rent (FMR) of $2090 for fiscal year 2024. This figure represents the maximum amount that a landlord can charge for a rental property under the Section 8 program in this area.
To understand where 95431 stands relative to other ZIP codes in the Santa Rosa-Petaluma, CA MSA, we must consider the available data. The FMR of $2090 is a key indicator, but without specific market rent and home value comparisons, we can only infer based on the given information.
In typical Santa Rosa-Petaluma, CA MSA ZIP codes, the FMR tends to be reflective of the overall rental market conditions. Given that the market rent and home values for ZIP 95431 are listed as 'N/A', we cannot directly compare them to the broader metro average. However, the lack of data on market rents and home values might suggest that 95431 is an outlier in terms of data availability, which could indicate unique characteristics such as a higher concentration of subsidized housing or a less developed real estate market compared to the rest of the metro area.
The renter share being 'N/A' also limits our ability to make direct comparisons. In general, a higher renter share combined with lower-than-average home values can signal a Section 8 sweet spot due to increased demand for affordable rentals. Since we do not have the exact percentage for 95431, we cannot confirm if it fits this profile, but the absence of this data point is worth noting.
Based on the FMR alone, 95431 appears to be aligned with the typical range seen in the Santa Rosa-Petaluma, CA MSA, suggesting it is likely a mid-tier neighborhood. To determine if it is a value pocket or a premium sub-market, additional metrics on market rents and home values would be necessary. Landlords and small-portfolio investors should pay close attention to the local real estate trends and the presence of Section 8 voucher holders to assess the potential of this ZIP code accurately.
Data Sources: FMR data from HUD (2027). 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.