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 | $1,700 |
| 1 Bedroom | $1,750 |
| 2 Bedrooms | $2,150 |
| 3 Bedrooms | $2,820 |
| 4 Bedrooms | $3,250 |
| 5 Bedrooms | $3,770 |
| 6 Bedrooms | $4,222 |
| 7 Bedrooms | $4,560 |
| 8 Bedrooms | $4,788 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $2,150 | $474,902 | 0.45% | F |
| 3BR | $2,820 | $677,118 | 0.42% | F |
U.S. Census Bureau data (2024)
Sacramento, CA, particularly ZIP 95814, can serve as a cash-flow anchor within a Section 8 portfolio strategy. The Fair Market Rent (FMR) for ZIP 95814 in fiscal year 2024 is set at $1900, which is just slightly below the market rate of $1935. This tight spread indicates that landlords participating in the Section 8 program will receive rental payments that closely match the local market conditions, thereby ensuring steady and predictable cash flows.
The median home value in ZIP 95814 stands at $540,718, which suggests that while the area may have higher property values, the rental income generated through Section 8 can still provide a reliable source of monthly cash flow. Given the low spread between the FMR and the market rate, landlords are less likely to experience significant shortfalls in rent, making this ZIP code a solid choice for those looking to stabilize their investment income.
While there isn't specific data on price-cut share or days on market (DOM), the high renter share of 88.8% and median income of $58,284 indicate a strong demand for rental properties. However, these factors alone do not outweigh the importance of the FMR being nearly equal to the market rate, which makes ZIP 95814 primarily a cash-flow anchor rather than an appreciation play or diversifier.
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.