Section 8 Fair Market Rent (FMR) for ZIP 95634 - 2027

Location: Sacramento--Roseville--Arden-Arcade, CA | Metro: Sacramento--Roseville--Arden-Arcade, CA HUD Metro FMR Area

Investment Score for ZIP 95634

F
Monthly Rent (2BR)
$2,170
Median Price (2BR)
$362,265
1% Rule
0.6%
Annual Yield
7.19%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$1,690
1 Bedroom$1,770
2 Bedrooms$2,170
3 Bedrooms$2,890
4 Bedrooms$3,330
5 Bedrooms$3,863
6 Bedrooms$4,327
7 Bedrooms$4,673
8 Bedrooms$4,907

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
1BR $1,770 $266,516 0.66% D
2BR $2,170 $362,265 0.6% F
3BR $2,890 $465,349 0.62% D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
3,536
Median Household Income
$57,328
Housing Units
1,993
Renter Percentage
17.3%
Occupancy Rate
84.5%
Renter Occupied
291
The available data suggests a classification for ZIP 95634 (Georgetown, CA) based on yield and stability.

The yield is relatively high due to the disparity between the Fair Market Rent (FMR) set at $2300 for the fiscal year 2024 and the current market rent of $1,085. This indicates a potential for higher rental income compared to the average market rate, which could attract investors looking for above-average returns. However, the median home value of $417,668 must also be considered when evaluating the overall investment cost.

On the stability axis, the picture is somewhat mixed. The area has a low percentage of renters at only 17.3%, suggesting a primarily owner-occupied community. While this might imply lower turnover and potentially more stable tenants, the lack of specific data on days on market (DOM) and the reported average income of $57,328 provide limited insight into the financial health and employment stability of the residents. This could mean that the market is less predictable in terms of tenant reliability and rental demand.

Given these figures, ZIP 95634 appears to offer a balance between high-yield potential and moderate stability. It is not a high-yield/low-stability flip-style market, nor is it a steady-cashflow zone. Instead, it presents an opportunity where careful selection of properties and tenants can leverage the higher rental rates while managing the risks associated with a smaller rental market.

To make a more precise assessment, additional data such as unemployment rates, job growth trends, and historical rental vacancy rates would be beneficial. Nonetheless, the current data points toward a market that requires strategic investment and property management practices to maximize returns and ensure long-term success.

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.