Location: Yolo, CA | Metro: Yolo, CA HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,450 |
| 1 Bedroom | $1,460 |
| 2 Bedrooms | $1,900 |
| 3 Bedrooms | $2,630 |
| 4 Bedrooms | $2,870 |
| 5 Bedrooms | $3,329 |
| 6 Bedrooms | $3,728 |
| 7 Bedrooms | $4,026 |
| 8 Bedrooms | $4,227 |
U.S. Census Bureau data (2024)
The Section 8 housing market in ZIP code 95698, located in Yolo County, California, presents a unique opportunity for landlords and small-portfolio investors. The HUD Fair Market Rent (FMR) for the area, as of fiscal year 2024, is set at $1670. However, due to the lack of recent market rent data, it's challenging to make an exact comparison. Despite this gap, we can infer that voucher tenants in this area will generally cashflow at the FMR level, meaning that landlords can expect to cover their expenses without significant profit or loss.
To further analyze the investment potential, consider the median home value in the area, which is also currently unavailable. This data point would be crucial for deriving the rent-to-price ratio, offering insight into the relative affordability of renting versus buying. Without this information, however, it's difficult to provide a precise rent-to-price ratio. Nevertheless, the absence of recent price cuts and days on market (DOM) data suggests a stable housing market, which benefits both renters and buyers.
In conclusion, while specific market rent and median home value data are not available, the HUD FMR of $1670 indicates that landlords can expect to break even or have minimal positive cashflow with standard units. The strongest investor angle in this market appears to be stability, given the lack of volatility in pricing and rental rates.
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.