Location: Siskiyou County, CA | Metro: Siskiyou 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 | $900 |
| 1 Bedroom | $900 |
| 2 Bedrooms | $1,180 |
| 3 Bedrooms | $1,630 |
| 4 Bedrooms | $1,870 |
| 5 Bedrooms | $2,169 |
| 6 Bedrooms | $2,429 |
| 7 Bedrooms | $2,623 |
| 8 Bedrooms | $2,754 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,180 | $217,345 | 0.54% | F |
| 3BR | $1,630 | $309,191 | 0.53% | F |
U.S. Census Bureau data (2024)
The ZIP code 96027, located in Etna, California, stands out within Siskiyou County due to its unique demographic and economic characteristics. With a total of 1,908 residents, it has a relatively low rental rate of 23.4%, indicating that most of the population owns their homes. The median income for residents is $64,308, which is slightly above the national average, suggesting a middle-class community. However, the median home value of $274,634 is notably higher, reflecting the real estate market dynamics in this area.
When it comes to Section 8 voucher economics, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,210. This figure contrasts sharply with the current market rent of $1,026, as reported by the Census Bureau's American Community Survey (ACS). Landlords and small-portfolio investors should note that the FMR provides a benchmark for rental assistance, and properties can be rented at or below this amount to qualify for the program. Given the gap between FMR and market rent, there is potential for landlords to benefit from the Section 8 program while still maintaining competitive pricing.
Evaluating the data signature of ZIP 96027, it appears to be stable rather than transitional. The relatively high median home value combined with a modest rental rate suggests a community where homeownership is prevalent and rental demand is lower. Additionally, the median income level indicates a steady financial situation among residents, reducing the likelihood of sudden shifts in housing patterns. For investors considering entering the Etna market, this stability presents an opportunity for long-term investment without the risks associated with more volatile markets.
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.