Location: Siskiyou County, CA | Metro: Siskiyou County, CA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $950 |
| 1 Bedroom | $960 |
| 2 Bedrooms | $1,250 |
| 3 Bedrooms | $1,730 |
| 4 Bedrooms | $1,980 |
| 5 Bedrooms | $2,297 |
| 6 Bedrooms | $2,573 |
| 7 Bedrooms | $2,779 |
| 8 Bedrooms | $2,918 |
U.S. Census Bureau data (2024)
The Section 8 market analysis for ZIP code 96031 in Siskiyou County, CA, reveals several key points that investors should consider. The HUD Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,250. However, due to the lack of specific market rent data for this ZIP code, it's challenging to make an exact comparison. Based on the available HUD FMR, voucher tenants would generally cashflow at this rate, assuming the market rent is close to or slightly above the FMR.
The median home value for ZIP 96031 is also not specified, which makes deriving an accurate rent-to-price ratio difficult. Nonetheless, the absence of this data does not necessarily indicate a weak market; it could simply reflect a lack of recent sales activity or a limited number of homes listed for sale in the area.
In terms of days on market (DOM) and price-cut shares, both metrics are not provided, suggesting a stable housing market where homes sell relatively quickly and without significant price reductions. This stability can be advantageous for rental properties, as it implies a steady demand for housing in the area, which is likely to support consistent rental income.
The strongest investor angle in ZIP 96031 is cashflow. Given the HUD FMR and the assumption that market rents align closely with this figure, investors can expect to achieve positive cashflow with their Section 8 investments, particularly if they focus on maintaining or upgrading units to attract tenants willing to pay closer to market rates. This positive cashflow scenario provides a solid foundation for long-term investment success, especially in a region known for its stable housing market conditions.
Data Sources: FMR data from HUD (2027). 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.