Location: Sacramento--Roseville--Arden-Arcade, CA | Metro: Sacramento--Roseville--Arden-Arcade, CA HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,530 |
| 1 Bedroom | $1,610 |
| 2 Bedrooms | $1,980 |
| 3 Bedrooms | $2,630 |
| 4 Bedrooms | $3,030 |
| 5 Bedrooms | $3,515 |
| 6 Bedrooms | $3,937 |
| 7 Bedrooms | $4,252 |
| 8 Bedrooms | $4,465 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,980 | $431,415 | 0.46% | F |
| 3BR | $2,630 | $557,079 | 0.47% | F |
| 4BR | $3,030 | $729,517 | 0.42% | F |
U.S. Census Bureau data (2024)
The market in ZIP 95623, El Dorado, CA, reveals a dynamic housing landscape where demand appears to be edging towards surpassing supply. This inference is drawn from the disparity between the Fair Market Rent (FMR) set at $2160 for the fiscal year 2024 and the actual market rent reported at $1,523 according to the Census ACS. The higher FMR suggests that there is a perceived need for affordable rental units, indicating potential upward pressure on rents as the market adjusts.
With a median home value of $561,252, homeownership in El Dorado is relatively stable, but the 19.5% renter share provides insight into the long-term housing dynamics. A significant proportion of renters implies ongoing housing affordability challenges, which can translate into persistent demand for rental properties. This is particularly relevant in a smaller town setting where the population might be less transient, leading to a steady demand for rental housing over time.
The lack of specific data regarding price-cut shares and days on market (DOM) makes it challenging to pinpoint the exact supply-demand balance. However, the overall picture suggests a market that is moving towards equilibrium, with rents likely to rise as demand increases. Landlords and small-portfolio investors should focus on maintaining competitive rental rates while keeping an eye on the broader economic trends that could impact the local housing market.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.