Section 8 Fair Market Rent (FMR) for ZIP 96032 - 2027

Location: Siskiyou County, CA | Metro: Siskiyou County, CA

Investment Score for ZIP 96032

F
Monthly Rent (2BR)
$1,280
Median Price (2BR)
$235,811
1% Rule
0.54%
Annual Yield
6.51%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$970
1 Bedroom$980
2 Bedrooms$1,280
3 Bedrooms$1,770
4 Bedrooms$2,030
5 Bedrooms$2,355
6 Bedrooms$2,638
7 Bedrooms$2,849
8 Bedrooms$2,991

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $1,280 $235,811 0.54% F
3BR $1,770 $324,657 0.55% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
2,408
Median Household Income
$72,951
Housing Units
1,307
Renter Percentage
25.6%
Occupancy Rate
79.3%
Renter Occupied
265

Fort Jones, California, located in ZIP code 96032, stands out within Siskiyou County due to its relatively low population of 2,408 residents, a rental rate of 25.6%, a median income of $72,951, and a median home value of $282,896. These figures indicate a modest-sized community where homeownership is slightly more prevalent than renting.

The voucher economics in Fort Jones present a favorable scenario for landlords. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,240, which is only marginally higher than the current market rent of $1,228 based on Census ACS data. This suggests that landlords can expect a steady and reliable source of income through Section 8 vouchers without significant fluctuations in rental rates.

Given the data signature, Fort Jones appears to be a stable ZIP code. The slight increase in FMR over the market rent indicates that there is a consistent demand for affordable housing, but it does not suggest rapid changes or transitions in the local economy. Landlords and small-portfolio investors can anticipate a predictable environment with manageable risks.

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.