Location: Amador County, CA | Metro: Amador County, CA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,300 |
| 1 Bedroom | $1,310 |
| 2 Bedrooms | $1,680 |
| 3 Bedrooms | $2,110 |
| 4 Bedrooms | $2,450 |
| 5 Bedrooms | $2,842 |
| 6 Bedrooms | $3,183 |
| 7 Bedrooms | $3,438 |
| 8 Bedrooms | $3,610 |
U.S. Census Bureau data (2024)
ZIP code 95699, located within Amador County, CA, presents an interesting case when compared to typical ZIP codes in the same county. The Fair Market Rent (FMR) for ZIP 95699 is set at $1,610 for fiscal year 2026. This figure is crucial for landlords and small-portfolio investors operating under the Section 8 housing program.
A key piece of information missing here is the market rent and home value for ZIP 95699. However, the 7.0% renter share provides insight into the local rental dynamics. Typically, Amador County ZIP codes have a lower renter share, indicating that homeownership is more prevalent. The higher-than-average renter share in 95699 suggests a greater demand for rental properties, which can be beneficial for landlords.
To determine if ZIP 95699 is a value pocket, a mid-tier neighborhood, or a premium sub-market, we must consider the FMR in context with the overall market conditions. Given that the market rent and home values are not available, we cannot definitively classify it without additional data. However, the FMR of $1,610 can be used as a benchmark against which other ZIP codes' rents might be compared once that information is obtained.
The divergence between the higher renter share and the lack of specific market rent and home value data for 95699 is noteworthy. In many cases, a high renter share coupled with below-metro average home values can signal a sweet spot for Section 8 investments, as it indicates a strong rental market with potentially lower property acquisition costs. However, since the home values in 95699 are not specified, we cannot confirm this trend solely based on the given figures.
To make a precise determination, further analysis is required. Specifically, comparing the FMR of $1,610 with the actual market rents would clarify whether 95699 is indeed a value pocket or if it aligns more closely with premium sub-markets. Landlords should also seek to understand the local economic factors influencing the renter share and how they impact the broader real estate landscape.
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.