Location: Amador County, CA | Metro: Amador County, CA
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 | $1,480 |
| 1 Bedroom | $1,490 |
| 2 Bedrooms | $1,900 |
| 3 Bedrooms | $2,390 |
| 4 Bedrooms | $2,760 |
| 5 Bedrooms | $3,202 |
| 6 Bedrooms | $3,586 |
| 7 Bedrooms | $3,873 |
| 8 Bedrooms | $4,067 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $1,490 | $266,578 | 0.56% | F |
| 2BR | $1,900 | $344,834 | 0.55% | F |
| 3BR | $2,390 | $465,543 | 0.51% | F |
| 4BR | $2,760 | $552,127 | 0.5% | F |
U.S. Census Bureau data (2024)
The ZIP code 95642, located in Jackson, CA, presents an interesting scenario for both renters and landlords. The median household income in this area stands at $81,438 according to recent Census data. Given the market rate rent of $1,419, a household earning the median income would dedicate approximately 17.4% of their annual income to rent, which is manageable but leaves little room for other expenses.
In comparison, the Fair Market Rent (FMR) for the metro area as of fiscal year 2026 is set at $1,900. This means that the government voucher payment standard exceeds the current market rate by almost $500 per month. For landlords, this could be seen as an opportunity to secure higher rental payments through voucher programs, even if it means taking on some administrative tasks associated with processing vouchers.
With 33.2% of the population being renters and a total population of 7,135, there is a notable demand for rental properties in Jackson, CA. However, the affordability gap between the median income and the FMR suggests that many potential tenants might struggle to find housing without financial assistance. This gap could lead to increased competition among landlords who accept vouchers, as they become more attractive to tenants seeking affordable housing options.
The takeaway for landlords considering voucher versus cash-pay strategies is clear: accepting vouchers can provide a steady stream of income at rates above the current market average. However, it also means navigating the requirements of government programs. Landlords should weigh the benefits of guaranteed higher rents against the potential administrative burden and competition from other voucher-friendly properties. In a market where the FMR significantly outpaces the actual rent paid, voucher acceptance is a viable strategy to remain competitive and financially stable.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.