Location: Plumas County, CA | Metro: Plumas County, CA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $880 |
| 1 Bedroom | $990 |
| 2 Bedrooms | $1,270 |
| 3 Bedrooms | $1,770 |
| 4 Bedrooms | $1,840 |
| 5 Bedrooms | $2,134 |
| 6 Bedrooms | $2,390 |
| 7 Bedrooms | $2,581 |
| 8 Bedrooms | $2,710 |
U.S. Census Bureau data (2024)
To understand the economics of Section 8 housing in ZIP code 95923, it's essential to break down the financials based on the available data. The SAFMR (Small Area Fair Market Rent) for a two-bedroom apartment in this ZIP code for fiscal year 2026 is set at $1,260. This figure represents the maximum amount that the Housing Choice Voucher program will pay toward the rent for a unit of this size.
The SAFMR does not take into account the local market rent for ZIP 95923, which is currently unavailable. However, the SAFMR is specifically tailored to reflect the rental market conditions in this particular ZIP code, unlike a broader metro or county-level FMR which would apply uniformly across a larger area.
When a landlord participates in the Section 8 program with a two-bedroom unit in ZIP 95923, they receive a voucher payment that covers part of the rent. The voucher payment is calculated by subtracting the tenant's portion of the rent from the SAFMR. The tenant's portion is generally 30% of their adjusted income, but it cannot exceed a specified cap, which varies based on family size and income level.
In addition to the base rent, the voucher also includes an allowance for utilities. This allowance is designed to cover the cost of electricity, gas, water, and sewer services. However, the exact amount of the utility allowance is not provided here and can vary based on local utility costs and the specifics of the voucher agreement.
To illustrate, if a tenant's portion of the rent is $378 (assuming a 30% contribution towards the SAFMR), then the voucher would cover the remaining $882 of the $1,260 SAFMR. If the utility allowance is $100, the total reimbursement to the landlord would be $982 per month, assuming the rent charged is exactly at the SAFMR level.
If the actual market rent for a two-bedroom in ZIP 95923 exceeds $1,260, the landlord would face a shortfall. For instance, if the market rent is $1,400, the landlord would have to accept a reimbursement gap of $418 ($1,400 - $982). Conversely, if the market rent is below $1,260, the landlord might benefit from a surplus, receiving more than they would in a non-voucher scenario.
Given the SAFMR of $1,260 and without knowing the exact local market rent, we can conclude that landlords participating in the Section 8 program for a two-bedroom unit in ZIP 95923 should expect a reimbursement that closely aligns with this figure, minus the tenant's portion and plus any applicable utility allowances. The precise surplus or gap depends on the actual market rent, which must be determined independently.
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.