Location: Sacramento--Roseville--Arden-Arcade, CA | Metro: Sacramento--Roseville--Arden-Arcade, CA HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,720 |
| 1 Bedroom | $1,770 |
| 2 Bedrooms | $2,170 |
| 3 Bedrooms | $2,850 |
| 4 Bedrooms | $3,280 |
| 5 Bedrooms | $3,805 |
| 6 Bedrooms | $4,262 |
| 7 Bedrooms | $4,603 |
| 8 Bedrooms | $4,833 |
The ZIP code 95611 in the Sacramento--Roseville--Arden-Arcade County area presents a unique challenge for real-estate analysts due to the lack of specific data points regarding its resident population, rental percentage, median income, and median home value. Despite these gaps, the analysis of Section 8 housing vouchers provides insight into the economic dynamics of the area.
The Fair Market Rent (FMR) for ZIP 95611 in fiscal year 2024 is set at $2030. This figure is crucial for landlords and small-portfolio investors as it represents the maximum amount that can be charged for a Section 8 voucher tenant. However, without a comparison to the local market rent, it's difficult to assess the immediate financial impact on landlords. The absence of specific market rent data means that investors must rely on broader regional trends to gauge the relative attractiveness of Section 8 rents in this ZIP code.
Given the incomplete data signature, the ZIP 95611 area appears transitional rather than stable. The unknowns about the population demographics and economic conditions suggest that the area could be undergoing changes that affect housing demand and supply. Landlords should consider this context when deciding whether to accept Section 8 tenants. While the guaranteed payment through the voucher system can provide stability, the potential for market shifts means that landlords should remain flexible and informed about the evolving conditions in the area.
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.