Location: Glenn County, CA | Metro: Glenn County, CA
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 | $850 |
| 1 Bedroom | $940 |
| 2 Bedrooms | $1,230 |
| 3 Bedrooms | $1,630 |
| 4 Bedrooms | $1,970 |
| 5 Bedrooms | $2,285 |
| 6 Bedrooms | $2,559 |
| 7 Bedrooms | $2,764 |
| 8 Bedrooms | $2,902 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,230 | $252,175 | 0.49% | F |
| 3BR | $1,630 | $306,443 | 0.53% | F |
U.S. Census Bureau data (2024)
With a Fair Market Rent (FMR) of $1,110 for ZIP 95951 in Hamilton City, CA, landlords can expect to receive a competitive subsidy if they participate in the Section 8 program. This figure, set for metro FY 2026, is notably higher than the average market rent of $903 as reported by the Census Bureau's American Community Survey. The median home value stands at $306,861, indicating a relatively stable housing market where property values are not excessively inflated.
The 36.2% renter share in Hamilton City suggests a significant portion of the population relies on rental properties, which could translate into steady demand for apartments and houses. However, the median income of $70,294 might limit the pool of potential tenants who qualify for Section 8 assistance, given the income restrictions associated with the program.
Despite the lack of specific data on days on market (DOM) and the percentage of homes that have had their prices cut, the combination of a lower market rent compared to the FMR and a moderate renter share implies that there is room for landlords to benefit from the Section 8 program without facing an oversaturated rental market.
Investors should consider the economic landscape of Hamilton City when deciding whether to enter the Section 8 market. With a median income of $70,294, some tenants may struggle to meet the non-subsidized portion of their rent, particularly in areas where living costs exceed this figure. Nevertheless, the difference between the FMR and market rent provides a buffer that can be advantageous for landlords.
In conclusion, the data points towards a favorable environment for Section 8 participation in Hamilton City, with a balance between reasonable market rents and the financial support offered by the program. Landlords can secure a reliable income stream while providing affordable housing options to those in need. Verdict: Section 8 is a viable option for landlords in Hamilton City, CA.
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.