Location: Yuba City, CA | Metro: Yuba City, 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 | $1,310 |
| 1 Bedroom | $1,550 |
| 2 Bedrooms | $1,810 |
| 3 Bedrooms | $2,510 |
| 4 Bedrooms | $3,030 |
| 5 Bedrooms | $3,515 |
| 6 Bedrooms | $3,937 |
| 7 Bedrooms | $4,252 |
| 8 Bedrooms | $4,465 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,810 | $348,386 | 0.52% | F |
| 3BR | $2,510 | $442,709 | 0.57% | F |
| 4BR | $3,030 | $528,202 | 0.57% | F |
| 5BR | $3,515 | $605,994 | 0.58% | F |
U.S. Census Bureau data (2024)
31.1% of residents in ZIP 95993, Yuba City, CA, are renters, indicating a significant portion of the population relies on rental properties. The Fair Market Rent (FMR) for the area in fiscal year 2024 is set at $1640, which is notably lower than the Zillow Observed Rental Index (ZORI) of $2,338, suggesting that market rents exceed the federally determined fair market rates. This discrepancy can be advantageous for landlords seeking to maximize their rental income while still being eligible for Section 8 subsidies. With a median home value of $477,471, it's clear that the real estate market in Yuba City has substantial equity for homeowners, but the median income of $93,763 might limit affordability for some potential buyers, thus maintaining a steady demand for rentals. Despite the relatively low 0.2% price-cut share, indicating that few listings are being discounted, the lack of available data on days on market (DOM) suggests stability without excessive volatility in the rental market. For landlords and small-portfolio investors looking to enter or expand in Yuba City, the current conditions present a favorable environment where rental incomes can be higher than the FMR, yet still within reach of tenants receiving Section 8 assistance. Given these factors, Yuba City, CA, remains a viable market for Section 8 properties.
Section 8 Verdict: Viable
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.