Location: Mendocino County, CA | Metro: Mendocino County, CA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,210 |
| 1 Bedroom | $1,280 |
| 2 Bedrooms | $1,680 |
| 3 Bedrooms | $2,330 |
| 4 Bedrooms | $2,610 |
| 5 Bedrooms | $3,028 |
| 6 Bedrooms | $3,391 |
| 7 Bedrooms | $3,662 |
| 8 Bedrooms | $3,845 |
U.S. Census Bureau data (2024)
The ZIP code 95459 stands out due to its unique mix of demographic and economic factors. With only 761 residents, it is one of the smallest ZIP codes in terms of population. However, 46.7% of these residents are renters, indicating a significant portion of the community relies on rental housing. The median income of $68,700 suggests that residents have moderate purchasing power, but the median home value of $621,091 places homeownership out of reach for many.
In the context of Section 8 vouchers, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,680. This figure represents the maximum amount that a landlord can receive through the voucher program for a rental unit. Unfortunately, there is no specific market rent data available for ZIP 95459, which means landlords should rely on the FMR to determine if accepting vouchers aligns with their financial goals. Given the high median home value, it is likely that the rental market in 95459 also commands higher rates, potentially making it less attractive for landlords to accept Section 8 vouchers.
The data signature for ZIP 95459 reads as stable. Despite the relatively small population, the high median home value and moderate median income indicate a consistent economic environment. The lack of specific market rent data, however, introduces an element of uncertainty for landlords considering Section 8 vouchers. They must weigh the benefits of guaranteed rent against the lower payment limits imposed by the voucher program.
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.