Location: Colusa County, 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: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,900 | $365,192 | 0.52% | F |
| 3BR | $2,630 | $421,448 | 0.62% | D |
U.S. Census Bureau data (2024)
The ZIP code 95645, which encompasses Knights Landing, CA, is characterized by a moderate rental presence with 21.4% of its population being renters. This indicates that while there is a significant number of tenants, it is not dominated by renters, suggesting that the demand for Section 8 vouchers might be somewhat limited compared to areas with higher percentages of renters.
The median household income in Knights Landing is $61,652, which provides a baseline for assessing the affordability of housing. The market rent for the area is $1,610, representing approximately 20.6% of the median annual income. This percentage is calculated by taking the monthly rent ($1,610) and multiplying it by 12 months, then dividing by the median annual income ($61,652). This means that a typical rent eats up about one-fifth of the average income, which can be seen as relatively high but manageable for many households.
Comparing the market rent to the Fair Market Rent (FMR) set at $1,670 for FY 2024, it's evident that the actual market rent is slightly below the FMR. This suggests that landlords in Knights Landing have some flexibility in setting their rents without exceeding the voucher limits, potentially attracting more tenants who qualify for assistance.
A landlord in this ZIP code should expect tenants who are likely to rely on government assistance due to the high cost of living relative to income. These tenants will often have a steady source of income, as eligibility for Section 8 vouchers requires meeting certain income thresholds and maintaining employment or other forms of income stability. Landlords should prepare for a tenant base that includes families with children, seniors, and individuals with disabilities, all of whom commonly benefit from Section 8 programs.
In conclusion, while Knights Landing is not a renter-heavy ZIP with overwhelming voucher demand, it does present an opportunity for landlords to cater to a segment of the population that relies on financial aid to afford housing. The balance between market rent and the FMR offers a practical range for pricing units to attract these tenants effectively.
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.