Location: Yuba City, CA | Metro: Yuba City, CA MSA
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 | $1,500 |
| 1 Bedroom | $1,720 |
| 2 Bedrooms | $2,040 |
| 3 Bedrooms | $2,810 |
| 4 Bedrooms | $3,330 |
| 5 Bedrooms | $3,863 |
| 6 Bedrooms | $4,327 |
| 7 Bedrooms | $4,673 |
| 8 Bedrooms | $4,907 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $2,810 | $566,588 | 0.5% | F |
U.S. Census Bureau data (2024)
The ZIP code 95659 stands out due to its unique demographic and economic characteristics. With a population of only 617 residents, it has a rental rate of 28.6%, which is slightly below the national average. The median income in this area is $68,929, indicating a middle-class community. Notably, the median home value is quite high at $530,386, suggesting that homeownership is more expensive compared to other areas.
When analyzing the voucher economics for ZIP 95659, the Fair Market Rent (FMR) for the fiscal year 2024 is set at $1,490, while the market rent based on Census ACS data is $1,581. This indicates that the FMR is slightly below the actual market rent, which could affect the attractiveness of Section 8 vouchers for both tenants and landlords. Landlords should be aware that accepting Section 8 vouchers might mean receiving slightly less rent than the market rate, but they also benefit from guaranteed payments and stable tenancy.
The data signature for ZIP 95659 reads as relatively stable. Despite the high median home values, the rental rates are competitive with the FMR, making it a balanced market for landlords who accept Section 8 vouchers. The low population density and moderate income levels suggest a community where housing needs are met without extreme pressure on either rental or homeownership markets. For small-portfolio investors, this stability means predictable returns and fewer risks associated with sudden market changes.
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.