Location: Mendocino County, CA | Metro: Humboldt County, CA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,150 |
| 1 Bedroom | $1,180 |
| 2 Bedrooms | $1,550 |
| 3 Bedrooms | $2,150 |
| 4 Bedrooms | $2,560 |
| 5 Bedrooms | $2,970 |
| 6 Bedrooms | $3,326 |
| 7 Bedrooms | $3,592 |
| 8 Bedrooms | $3,772 |
The ZIP code 95587 is located in a region where the population details are currently unavailable. This presents a challenge in determining the exact proportion of renters versus homeowners. Nonetheless, understanding the dynamics of rental demand and voucher utilization can still provide valuable insights.
Median household income for this area is also unspecified, which is crucial for assessing the financial capacity of potential tenants. Despite this limitation, we can analyze the connection between income levels and market rents using the Fair Market Rent (FMR) figure of $1,580 for FY 2026, which is reflective of the metro area. Typically, market rents are a significant portion of local incomes, often ranging from 25% to 30%. If we assume that the median income in 95587 aligns closely with the national average, then the typical rent would consume a substantial but manageable portion of the local income.
Section 8 vouchers are designed to help low-income families afford housing. The FMR of $1,580 indicates the maximum amount that a voucher will cover for rental housing in this metro area. Landlords in 95587 should be aware that tenants utilizing Section 8 vouchers are likely to have a household income at or below 50% of the area's median income. This means they are typically from lower-income backgrounds who rely heavily on government assistance to meet their housing needs.
Given the absence of detailed demographic data, it's reasonable to infer that areas with high rental demand tend to see a higher concentration of voucher holders. Therefore, landlords in 95587 might anticipate a tenant pool that includes a considerable number of individuals or families who depend on Section 8 vouchers to cover their rent. These tenants are committed to paying their portion of the rent on time, which is generally 30% of their adjusted income, making them reliable occupants.
To conclude, while specific data points such as population and median income are missing, landlords in ZIP code 95587 should prepare for a tenant profile that includes many individuals or families who qualify for and use Section 8 vouchers. These tenants will likely have an income level that necessitates the assistance of a voucher to afford typical market rents, which in turn are expected to be close to the FMR of $1,580.
Data Sources: FMR data from HUD (2027).
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.