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 | $1,660 |
| 1 Bedroom | $1,720 |
| 2 Bedrooms | $2,140 |
| 3 Bedrooms | $2,900 |
| 4 Bedrooms | $3,340 |
| 5 Bedrooms | $3,874 |
| 6 Bedrooms | $4,339 |
| 7 Bedrooms | $4,686 |
| 8 Bedrooms | $4,920 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $2,140 | $426,341 | 0.5% | F |
| 3BR | $2,900 | $501,688 | 0.58% | F |
| 4BR | $3,340 | $572,379 | 0.58% | F |
U.S. Census Bureau data (2024)
The ZIP code 95633, located in Garden Valley, CA, stands out within El Dorado County due to its unique demographic and economic characteristics. With a population of 2,653 residents, only 10.0% of whom are renters, the area has a predominantly owner-occupied housing market. The median income for households in this ZIP is $74,258, which is relatively high compared to national averages. This is further underscored by the median home value of $486,331, indicating a prosperous community.
When it comes to Section 8 voucher economics, the Fair Market Rent (FMR) for ZIP 95633 in fiscal year 2024 is set at $2,540. However, the actual market rent, as reported by the Census Bureau's American Community Survey (ACS), is significantly lower at $2,065. This discrepancy means that landlords can potentially charge higher rents for properties participating in the Section 8 program, making it an attractive option for those looking to maximize their rental income without compromising on affordability for tenants.
Based on the available data, the ZIP code 95633 presents a stable environment. The low percentage of renters suggests a strong preference for homeownership among residents, which typically correlates with long-term stability and investment security. Additionally, the high median income and median home value indicate a robust local economy capable of sustaining property values and supporting a healthy landlord-tenant relationship. For small-portfolio investors considering Section 8 participation, the higher FMR compared to market rates provides an opportunity to secure steady rental income while serving the needs of low-income families.
Landlords in this ZIP should be aware of the following:
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.