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 | $1,640 |
| 1 Bedroom | $1,690 |
| 2 Bedrooms | $2,070 |
| 3 Bedrooms | $2,710 |
| 4 Bedrooms | $3,130 |
| 5 Bedrooms | $3,631 |
| 6 Bedrooms | $4,067 |
| 7 Bedrooms | $4,392 |
| 8 Bedrooms | $4,612 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $2,070 | $264,371 | 0.78% | D |
| 3BR | $2,710 | $439,670 | 0.62% | D |
| 4BR | $3,130 | $495,671 | 0.63% | D |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 95841 in Sacramento, California, for fiscal year 2024 is set at $1840. This figure represents the maximum amount that a landlord can receive from the federal government under the Section 8 Housing Choice Voucher program. It does not mean that you will charge $1840 for rent; rather, it's the ceiling for the government subsidy.
To put this into context, the Zillow Observed Rent Index (ZORI) for the area is $1703. This means that the average market rent in ZIP 95841 is slightly below the FMR. However, Section 8 vouchers allow tenants to pay only a portion of their income towards rent, typically around 30%, while the rest is covered by the government.
The demand for rentals in this area is strong, with 65.3% of residents being renters. This high percentage indicates a robust market for rental properties, which is beneficial if you're considering entering the rental market with a Section 8 property. The potential tenant pool is large, ensuring that your property will likely be occupied.
If you're looking to acquire a property in ZIP 95841, the median home value is approximately $433,313. This is an important figure to consider when evaluating whether the investment aligns with your financial goals. Keep in mind that the acquisition cost is just one part of the equation; you also need to factor in maintenance, insurance, and other costs associated with owning a rental property.
Before making your final decision, verify that the property meets all local housing quality standards required by the Section 8 program. These standards ensure that the property is safe, decent, and sanitary for tenants. Non-compliance can lead to penalties and loss of rental income.
In summary, the FMR of $1840 sets the maximum subsidy you can receive, while the local average rent of $1703 gives you a benchmark for setting your own rent. With a significant 65.3% of residents renting, there is a high demand for rental properties. The median home value of $433,313 provides insight into the cost of acquiring a property. Ensure your property meets all necessary standards to avoid issues down the line.
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.