Section 8 Fair Market Rent (FMR) for ZIP 95668 - 2027
Location: Yuba City, CA | Metro: Sacramento--Roseville--Arden-Arcade, CA HUD Metro FMR Area
FY 2027 Fair Market Rent Rates
| Unit Size |
Monthly FMR |
| Studio | $1,770 |
| 1 Bedroom | $2,060 |
| 2 Bedrooms | $2,420 |
| 3 Bedrooms | $3,340 |
| 4 Bedrooms | $4,020 |
| 5 Bedrooms | $4,663 |
| 6 Bedrooms | $5,223 |
| 7 Bedrooms | $5,641 |
| 8 Bedrooms | $5,923 |
Demographics & Housing Statistics
U.S. Census Bureau data (2024)
Median Household Income
$90,750
A landlord considering investing in ZIP code 95668 for Section 8 properties must follow a structured decision-making process. Here's how to approach it:
- Does the Fair Market Rent (FMR) of $2,240 cover the debt service on a property valued at $785,755?
- If the debt service is less than $2,240 per month, then the answer is Yes. The FMR provides sufficient income to meet the mortgage obligations.
- If the debt service exceeds $2,240 per month, then the answer is No. The FMR does not cover the monthly mortgage payments, making the investment unfeasible without additional rental income or subsidies.
- Is the market rent of $2,200 above, at, or below the FMR?
- If the market rent is above $2,240, then the answer is It depends. While the market rent suggests higher potential earnings, it also indicates that Section 8 vouchers might not be competitive enough to attract tenants, unless there's a significant shortage of affordable housing.
- If the market rent is at or slightly below $2,240, then the answer is Yes. This means that Section 8 rents align closely with what the market can bear, providing a stable income source for landlords.
- Are 22.2% of residents renting and the Days on Market (DOM) status sufficient to indicate strong demand?
- If the Days on Market (DOM) is low or rapidly decreasing, then the answer is Yes. This combination suggests a robust rental market where the demand for housing, including Section 8 units, is high.
- If the DOM is high or increasing, then the answer is No. A slow-moving market indicates weak demand, making it difficult to find tenants even if the percentage of renters is substantial.
The key to making a successful Section 8 investment in ZIP 95668 lies in understanding the local rental dynamics and ensuring that the FMR can support the financial requirements of the property. Landlords must also consider the broader economic context and the availability of voucher holders in the area.
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.