Location: Sacramento--Roseville--Arden-Arcade, CA | Metro: Sacramento--Roseville--Arden-Arcade, 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 | $1,610 |
| 1 Bedroom | $1,660 |
| 2 Bedrooms | $2,040 |
| 3 Bedrooms | $2,680 |
| 4 Bedrooms | $3,090 |
| 5 Bedrooms | $3,584 |
| 6 Bedrooms | $4,014 |
| 7 Bedrooms | $4,335 |
| 8 Bedrooms | $4,552 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $1,660 | $275,169 | 0.6% | D |
| 2BR | $2,040 | $376,932 | 0.54% | F |
| 3BR | $2,680 | $507,820 | 0.53% | F |
| 4BR | $3,090 | $612,712 | 0.5% | F |
U.S. Census Bureau data (2024)
The ZIP code 95684, located in Somerset, CA, has a population of 2,708 individuals. Only 17.8% of the residents are renters, indicating that this area is primarily dominated by homeowners rather than renters. The median household income stands at $87,175, which is relatively high compared to the national average.
In terms of rental market dynamics, the typical market rent of $1,550 represents approximately 17.8% of the median household income. This suggests that the rent burden is manageable for most households in the area. However, the Federal Market Rent (FMR) for the fiscal year 2024 is set at $1,830, which is higher than the current market rent. Landlords should be aware that while rents are currently below the FMR, they might need to adjust their pricing to align with federal standards if they wish to participate in the Section 8 voucher program.
The demand for Section 8 vouchers in this ZIP code is likely to be lower due to the smaller proportion of renters. As such, landlords may find it challenging to attract tenants who rely solely on housing vouchers. Instead, they should anticipate a mix of tenants, some of whom may use vouchers but also contribute additional income from other sources to cover the gap between the voucher amount and the actual market rent.
To summarize, ZIP 95684 is not a renter-heavy area with deep voucher demand. It is a homeowner-dominated ZIP where vouchers are less common. Landlords should prepare for a tenant pool that includes those with vouchers but who also have supplementary income, ensuring they can afford the rent without exceeding 30% of their total income. The expected tenant profile will likely require landlords to offer competitive amenities and maintain high property standards to attract and retain tenants.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.