Section 8 Fair Market Rent (FMR) for ZIP 95571 - 2027
Location: Humboldt County, CA | Metro: Humboldt County, CA
FY 2027 Fair Market Rent Rates
| 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 |
Demographics & Housing Statistics
U.S. Census Bureau data (2024)
Median Household Income
$N/A
A skeptical investor considering ZIP 95571 might raise several valid concerns regarding the feasibility of renting properties under the Section 8 program. Let's address these objections with the available data.
- Will FMR $1,550 (metro FY 2026) cover the mortgage on a N/A home? The Fair Market Rent (FMR) of $1,550 for ZIP 95571 does not provide enough information to determine if it will cover the mortgage on a property without knowing the average home price and typical mortgage rates in the area. The data currently lacks specifics on median home values and interest rates, which are crucial for calculating potential mortgage payments.
- Is there enough renter demand at 100.0%? At 100.0%, the occupancy rate indicates that all Section 8 units are rented out, suggesting strong demand from tenants who qualify for the housing assistance program. However, this figure alone does not reveal whether the demand exceeds the supply or how stable this demand is over time. To fully assess demand, additional metrics such as waitlist lengths and tenant turnover rates would be necessary.
- Will vouchers keep pace with N/A market rents? The data provided does not specify the current market rents in ZIP 95571, making it difficult to evaluate if the voucher amounts will match the actual costs of renting. Typically, the goal of the Section 8 program is to ensure that voucher amounts adjust to reflect changes in market conditions. For a complete analysis, tracking historical adjustments in voucher amounts compared to local market rent increases would be essential.
In conclusion, while the data points to a fully occupied rental market for Section 8 units in ZIP 95571, it falls short in providing comprehensive details needed to fully address the financial viability for landlords and small-portfolio investors. More specific information on home values, mortgage rates, and precise market rents is required for a thorough assessment.
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.