Location: Sierra County, CA | Metro: Sierra County, CA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,070 |
| 1 Bedroom | $1,170 |
| 2 Bedrooms | $1,530 |
| 3 Bedrooms | $2,120 |
| 4 Bedrooms | $2,530 |
| 5 Bedrooms | $2,935 |
| 6 Bedrooms | $3,287 |
| 7 Bedrooms | $3,550 |
| 8 Bedrooms | $3,728 |
U.S. Census Bureau data (2024)
The ZIP code 95944 stands out as a renter-heavy area, with 90.2% of its population renting their homes. This high percentage indicates a strong potential for Section 8 tenants who rely on housing vouchers to find affordable accommodation. Given that the median household income is not available, we cannot directly calculate the proportion of income spent on rent. However, we can infer that the rental market is likely to be competitive due to the high concentration of renters.
The Fair Market Rent (FMR) for the metro area, which includes ZIP 95944, is set at $1,530 per month for fiscal year 2026. This figure represents the maximum amount landlords can charge for a voucher-assisted lease. Without specific market rent data, it's challenging to provide an exact percentage of local income consumed by typical rent. Nonetheless, the FMR serves as a benchmark for understanding the affordability landscape in the area.
A landlord in ZIP 95944 should anticipate a tenant pool heavily reliant on government assistance for housing. These tenants will be looking for properties that fall within the voucher limits, making the $1,530 FMR a critical consideration. While the exact income levels of potential tenants remain unspecified, the high rate of renters suggests that many may be seeking affordable options due to limited financial resources. Therefore, landlords must ensure they comply with all regulations associated with accepting Section 8 vouchers to attract and retain these tenants effectively.
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.