Location: Yuba City, CA | Metro: Chico, CA MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,050 |
| 1 Bedroom | $1,170 |
| 2 Bedrooms | $1,470 |
| 3 Bedrooms | $2,040 |
| 4 Bedrooms | $2,460 |
| 5 Bedrooms | $2,854 |
| 6 Bedrooms | $3,196 |
| 7 Bedrooms | $3,452 |
| 8 Bedrooms | $3,625 |
U.S. Census Bureau data (2024)
The median home value in ZIP 95914 (Yuba City, CA MSA) is $397,897. The HUD Fair Market Rent (FMR) for FY 2024 is set at $1,250, while the market rent according to Census ACS data is $1,385. This indicates that voucher tenants will cashflow at FMR, but only marginally given the slight gap between FMR and market rent.
To derive the rent-to-price ratio, we divide the market rent by the median home value. This yields approximately 0.35%, suggesting a low rental yield relative to property values. However, this metric alone does not fully capture the investment dynamics, especially when considering long-term stability and potential appreciation.
The recent data from Redfin reveals that the median days on market (DOM) for homes in ZIP 95914 is 62 days, with a significant portion of homes selling under their list price. This implies a moderately balanced market where neither buyers nor sellers have overwhelming leverage, which supports stability for investors.
The strongest angle for Section 8 investors in ZIP 95914 is likely stability. Given the relatively low rent-to-price ratio and the balanced market conditions, investors can expect consistent cash flow and minimal fluctuations in property values, making it a reliable choice for those prioritizing steady returns over high-risk, high-reward scenarios.
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.