Location: Yolo, CA | Metro: Yolo, 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 | $1,450 |
| 1 Bedroom | $1,460 |
| 2 Bedrooms | $1,900 |
| 3 Bedrooms | $2,630 |
| 4 Bedrooms | $2,870 |
| 5 Bedrooms | $3,329 |
| 6 Bedrooms | $3,728 |
| 7 Bedrooms | $4,026 |
| 8 Bedrooms | $4,227 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,900 | $378,722 | 0.5% | F |
| 3BR | $2,630 | $437,125 | 0.6% | D |
| 4BR | $2,870 | $521,825 | 0.55% | F |
| 5BR | $3,329 | $571,868 | 0.58% | F |
U.S. Census Bureau data (2024)
The economics of Section 8 in ZIP 95627, Esparto, CA, are straightforward. The SAFMR (Section 8 Area Fair Market Rent) for a two-bedroom apartment in this specific ZIP code is set at $1760 per month for the fiscal year 2024. This figure represents the maximum amount that the federal government will reimburse landlords under the Housing Choice Voucher program. However, it's important to note that the local market rent for a similar unit is currently lower at $1560 according to the latest Census ACS data.
A voucher payment consists of two parts: the tenant contribution and the government subsidy. Tenants are required to pay 30% of their adjusted income towards rent. For a two-bedroom apartment, if the SAFMR is $1760, then the tenant would contribute 30% of their income, and the government would cover the rest up to the SAFMR limit. If the tenant's income is such that they can only afford $500 towards rent, the government would then subsidize the remaining $1260 ($1760 - $500).
In addition to the base rent, there are utility allowances that can be factored into the total reimbursement. These allowances vary based on the region and type of unit but generally aim to cover a portion of the tenant's energy costs. For ZIP 95627, these allowances are typically included in the overall reimbursement calculation, ensuring that the landlord receives a fair compensation for the utilities as well.
Given the SAFMR of $1760 and the local market rent of $1560, landlords in ZIP 95627 may find themselves in a favorable position. The typical reimbursement gap or surplus in this case is a surplus of $200 per month. This means that even if a landlord charges the local market rate of $1560, they will still receive the full SAFMR amount of $1760, effectively earning an additional $200 above the market rate.
To summarize, landlords in ZIP 95627 should understand that the SAFMR of $1760 is the ceiling for government reimbursement. They will receive the tenant's 30% contribution plus the government subsidy up to this limit. With utility allowances included, the total reimbursement can exceed the local market rent, providing a financial benefit to landlords who participate in the Section 8 program.
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.