Location: Yolo, CA | Metro: Yolo, CA HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,550 |
| 1 Bedroom | $1,560 |
| 2 Bedrooms | $1,990 |
| 3 Bedrooms | $2,760 |
| 4 Bedrooms | $2,880 |
| 5 Bedrooms | $3,341 |
| 6 Bedrooms | $3,742 |
| 7 Bedrooms | $4,041 |
| 8 Bedrooms | $4,243 |
U.S. Census Bureau data (2024)
ZIP code 95697, located within the Yolo, CA HUD Metro FMR Area, has a Fair Market Rent (FMR) of $1730 for fiscal year 2024. This figure aligns closely with the area's average FMR, indicating that it is neither a value pocket nor a premium sub-market when compared to other ZIP codes in the region.
The market rent in 95697 is slightly higher at $1,803, which suggests that the rental market is somewhat competitive. However, the home value in this ZIP code stands at $490,344, which is notably above the typical home values in the Yolo, CA HUD Metro FMR Area. This indicates that properties in 95697 are generally more expensive than those in surrounding areas.
A significant point of interest is the 100.0% renter share in ZIP code 95697. This is an extremely high percentage, suggesting that virtually all residents are renters. In contrast, most ZIP codes within the Yolo, CA HUD Metro FMR Area have a lower renter share, indicating a mix of homeowners and renters.
The combination of a high renter share and above-average home values in 95697 can be interpreted as a sign of a robust rental market. Landlords and small-portfolio investors should note that while the FMR is on par with the broader metro area, the actual market rents are slightly higher, potentially offering better returns on investment.
However, the high home values also imply higher acquisition costs for rental properties. Therefore, while 95697 offers opportunities for landlords, it is not a value pocket but rather a mid-tier neighborhood with a strong rental presence.
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.