Location: Sacramento--Roseville--Arden-Arcade, CA | Metro: Sacramento--Roseville--Arden-Arcade, CA HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $2,120 |
| 1 Bedroom | $2,180 |
| 2 Bedrooms | $2,680 |
| 3 Bedrooms | $3,510 |
| 4 Bedrooms | $4,050 |
| 5 Bedrooms | $4,698 |
| 6 Bedrooms | $5,262 |
| 7 Bedrooms | $5,683 |
| 8 Bedrooms | $5,967 |
U.S. Census Bureau data (2024)
1990 is the Fair Market Rent (FMR) for ZIP code 95736 as set by HUD for fiscal year 2024. This figure represents the maximum amount that a Section 8 voucher holder can pay towards their rent. 2262 is the average market rent reported by the Census Bureau's American Community Survey, indicating that properties in this area are priced slightly above the HUD guidelines. Despite the lack of data on median home values, it is clear that 100.0% of the population are renters, making this an ideal location for landlords and investors focused on rental properties. The median income of $190,670 suggests that residents have the financial stability to cover higher rents, which could support rental pricing strategies above the FMR. Although there is no information available on days on market (DOM) or the percentage of listings that have had their prices cut, the high median income and low FMR difference hint at a robust rental market. Given these conditions, landlords can expect steady demand for rental properties without significant competition from homeownership. Furthermore, the absence of DOM and price-cut data implies that the rental market is stable and does not experience frequent fluctuations in vacancy rates or rental prices. In conclusion, the alignment between the FMR and market rent, combined with the high renter share and median income, makes ZIP 95736 a favorable location for Section 8 properties.
Verdict: ZIP 95736 is highly suitable for Section 8 investments due to its strong rental market and resident financial stability.
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.