Location: Sacramento--Roseville--Arden-Arcade, CA | Metro: Sacramento--Roseville--Arden-Arcade, CA HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,990 |
| 1 Bedroom | $2,050 |
| 2 Bedrooms | $2,510 |
| 3 Bedrooms | $3,290 |
| 4 Bedrooms | $3,800 |
| 5 Bedrooms | $4,408 |
| 6 Bedrooms | $4,937 |
| 7 Bedrooms | $5,332 |
| 8 Bedrooms | $5,599 |
U.S. Census Bureau data (2024)
The ZIP code 95652 presents a dynamic rental market characterized by strong tenant demand. With a Fair Market Rent (FMR) set at $2130 for fiscal year 2024, it reflects the government's benchmark for affordability in the area. However, the actual market rent stands slightly lower at $1,888, according to the latest Census ACS data. This suggests that while there is a defined threshold for what is considered fair market pricing, the competitive landscape of the rental market has driven prices down somewhat.
The fact that the renter share is 100.0% indicates a significant long-term pressure on housing availability. In such a scenario, virtually all residents are renters, which points towards a lack of homeownership opportunities or financial means for purchasing homes. This high percentage of renters can be indicative of an area where the cost of living is high relative to income levels, making homeownership unattainable for many. It also implies that the local economy might be heavily reliant on rental properties, with a potential shortage of available homes for sale.
While the specific percentages for price-cut share and days on market (DOM) are not provided, the close alignment between the FMR and the actual market rent suggests a tight balance between supply and demand. Landlords and small-portfolio investors must remain vigilant in maintaining their properties and ensuring they meet the standards that tenants seek, as competition for tenants is likely fierce. The absence of home sales data further underscores the rental-centric nature of this market, highlighting the importance of rental properties in providing housing solutions for the community.
In summary, ZIP 95652 is a market dominated by renters, with a strong demand that closely matches the supply of rental units. The dynamics here favor those who can provide quality rental accommodations at competitive rates, aligning closely with the government's FMR guidelines. For investors, understanding these dynamics is crucial for navigating the rental market effectively and ensuring sustainable returns on investment.
Data Sources: FMR data from HUD (2027). 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.