Location: Humboldt County, CA | Metro: Humboldt County, CA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,120 |
| 1 Bedroom | $1,180 |
| 2 Bedrooms | $1,550 |
| 3 Bedrooms | $2,150 |
| 4 Bedrooms | $2,590 |
| 5 Bedrooms | $3,004 |
| 6 Bedrooms | $3,364 |
| 7 Bedrooms | $3,633 |
| 8 Bedrooms | $3,815 |
U.S. Census Bureau data (2024)
The ZIP code 95511 presents an interesting scenario for both renters and landlords. The median income data for this area is currently unavailable, which complicates assessing the average household's ability to pay market rates. Similarly, the specific market rate for rentals in ZIP 95511 is also not available at this time.
However, we do know that the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,550. This figure represents the voucher payment standard that HUD will use to compensate landlords who participate in the Section 8 program. Given the lack of data on local market rates, it is prudent to consider $1,550 as a benchmark for affordable rents in the region.
The data indicates that there are only 71 residents in ZIP 95511, with an extremely low percentage of renters at 0.0%. This suggests that the majority of the population likely owns their homes, creating a highly competitive environment for landlords seeking to attract tenants. In such a scenario, landlords must carefully evaluate their rental pricing strategies to ensure they are in line with what potential tenants can afford.
Given the FMR of $1,550, landlords should price their rentals accordingly if they wish to appeal to those utilizing Section 8 vouchers. Pricing above this amount could result in reduced tenant interest, especially if the market rate exceeds the voucher limit significantly. Conversely, landlords who choose to cater to non-voucher tenants must still keep their rates reasonable to avoid deterring potential renters in this tight market.
The takeaway for landlords is clear: pricing at or slightly below the FMR of $1,550 can help attract Section 8 tenants while maintaining a competitive edge over other rental options. However, landlords should also be prepared to adjust their expectations given the low number of renters in the area. Understanding the local dynamics and being flexible with rental strategies will be key to success in ZIP 95511.
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.