Location: Lassen County, CA | Metro: Lassen 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 | $890 |
| 1 Bedroom | $1,050 |
| 2 Bedrooms | $1,250 |
| 3 Bedrooms | $1,730 |
| 4 Bedrooms | $2,090 |
| 5 Bedrooms | $2,424 |
| 6 Bedrooms | $2,715 |
| 7 Bedrooms | $2,932 |
| 8 Bedrooms | $3,079 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,730 | $235,076 | 0.74% | D |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 96009 in the fiscal year 2026 is set at $1,280. This figure represents the payment standard for Section 8 rentals, meaning it is the maximum amount that the housing authority will pay toward your tenant's rent. It does not represent the total rent you can charge, but rather the subsidy portion.
In ZIP 96009, the median rent for similar units is currently N/A, which indicates that the FMR is a key benchmark for setting reasonable rental prices. The 17.8% of the population who are renters suggests there is a steady demand for affordable housing options in this area. This percentage is significant because it shows that nearly one in five residents rely on renting, creating a consistent pool of potential tenants.
If you're considering purchasing a property to serve as a Section 8 rental, the average home value in ZIP 96009 is $210,405. This figure gives you an idea of the typical acquisition cost for a home in this area. While this investment might seem substantial, the FMR and the renter share can help ensure that you have a reliable income stream through the Section 8 program.
Before you proceed with your first Section 8 rental, it is crucial to verify that the property meets all local housing quality standards, known as Housing Quality Standards (HQS). These standards are set by the U.S. Department of Housing and Urban Development (HUD) and must be met for a landlord to participate in the Section 8 program. They cover a range of issues from structural integrity to health and safety concerns, ensuring the unit is fit for habitation. HUD provides a checklist that you should review to avoid any delays or disqualifications once you apply.
In summary, the FMR of $1,280 sets the subsidy cap for your rental, while the 17.8% renter share signals a strong demand for affordable housing. With an average home value of $210,405, acquiring a property in ZIP 96009 for Section 8 purposes is a strategic move, provided you meet the necessary HQS requirements.
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.