Section 8 Fair Market Rent (FMR) for ZIP 95851 - 2027

FY 2027 Fair Market Rent Rates

The ZIP code 95851 in the Sacramento--Roseville--Arden-Arcade area stands out due to a lack of comprehensive data on its resident demographics, rental rates, median income, and median home values. This scarcity of detailed information can make it challenging for landlords and small-portfolio investors to assess the market conditions accurately.

However, the Federal Market Rent (FMR) for ZIP 95851 provides a clearer picture. The FMR for the fiscal year 2024 is set at $2030, which serves as a benchmark for the maximum rent that can be charged under the Section 8 program. Despite the absence of specific market rent data, this figure can still guide landlords in setting their rents to ensure compliance with Section 8 requirements.

The voucher economics in ZIP 95851 are straightforward. Landlords who accept Section 8 vouchers can expect to receive up to $2030 per month, which is the FMR for the area. This amount should cover the majority of rental costs, making it financially viable for landlords to participate in the program.

Given the incomplete data signature for ZIP 95851, it is difficult to categorize the area as either stable or transitional. However, the presence of a defined FMR suggests that there is some level of government oversight and stability in the housing market, even if precise details are lacking. For investors and landlords looking to enter this market, it's advisable to conduct thorough local research to understand the specific dynamics at play.

Data Sources: FMR data from HUD (2027).

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.