Location: Chico, CA | Metro: Chico, CA MSA
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 | $1,040 |
| 1 Bedroom | $1,150 |
| 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 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,470 | $267,782 | 0.55% | F |
| 3BR | $2,040 | $392,283 | 0.52% | F |
| 4BR | $2,460 | $513,385 | 0.48% | F |
U.S. Census Bureau data (2024)
The ZIP code 95969, located in Paradise, California, is a community that has been recovering from the devastating Camp Fire in 2018. Despite the challenges faced, the real estate market in this area continues to show signs of resilience and growth, particularly in rental properties. Here's a concise market analysis based on the latest available data points:
The data indicates a favorable environment for landlords and small-portfolio investors in Paradise, CA. With the market rent exceeding the Fair Market Rent, there is a clear opportunity to generate above-average returns on rental investments. The median home value, while not exceptionally high, still presents a good entry point for those looking to invest in single-family homes or multi-unit properties. The substantial renter share of the population underscores the ongoing need for quality rental accommodations, ensuring a steady stream of potential tenants. Given the median income levels, there is sufficient economic support to sustain rental prices without being prohibitively expensive for local residents. In summary, the combination of higher-than-FMR rents, reasonable property values, and a solid tenant base makes ZIP 95969 an attractive investment location for those focused on rental real estate.
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.