Section 8 Fair Market Rent (FMR) for ZIP 95573 - 2027

Location: Humboldt County, CA | Metro: Humboldt County, CA

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,070
1 Bedroom	$1,130
2 Bedrooms	$1,490
3 Bedrooms	$2,060
4 Bedrooms	$2,480
5 Bedrooms	$2,877
6 Bedrooms	$3,222
7 Bedrooms	$3,480
8 Bedrooms	$3,654

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

1,089

Median Household Income

$47,258

Housing Units

1,031

Renter Percentage

37.9%

Occupancy Rate

59.9%

Renter Occupied

234

Housing Authorities Serving ZIP 95573

Housing Authority of the County of Humboldt (Eureka, CA) - 1,407 Section 8 vouchers
Housing Authority of the City of Eureka (Eureka, CA)

A decision tree analysis for ZIP code 95573 in California regarding Section 8 investments reveals critical insights. The first question to address is whether the Fair Market Rent (FMR) of $1,570 for the metro area in fiscal year 2026 can cover the debt service on a property valued at $310,732. This requires knowing the specific mortgage terms and interest rates applicable to the property. Assuming a typical 30-year fixed-rate mortgage with an interest rate of around 5%, the monthly mortgage payment would be approximately $1,680. Given that the FMR does not exceed this amount, the answer is No: the FMR does not clear the debt service.

The second question pertains to the relationship between the FMR and the market rent. However, the market rent is listed as N/A, indicating that there is insufficient data to make a comparison. Without this information, we cannot determine if the market rent is above, at, or below the FMR. Therefore, the answer is It Depends: further investigation into local rental market conditions is necessary.

The third question addresses demand by examining the percentage of renters and the days on market (DOM). In ZIP 95573, 37.9% of residents are renters, which is a significant portion but not exceptionally high. Additionally, the DOM is also listed as N/A, making it impossible to gauge how quickly properties are rented out. Based on the available data, the answer is It Depends: while there is a notable share of renters, the lack of DOM data means we cannot assess the urgency of demand.

To summarize:

If the FMR of $1,570 cannot cover the debt service on a property valued at $310,732, then No, purchasing for Section 8 is not advisable.
Limited data on market rent means that the decision hinges on additional research; It Depends.
The presence of a 37.9% renter population suggests some demand, but without DOM data, the decision remains uncertain; It Depends.

Landlords and small-portfolio investors should consider these factors carefully before deciding to invest in ZIP 95573 under Section 8 guidelines. Additional local market analysis and specific property details are essential to make an informed decision.

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.