Location: Siskiyou County, CA | Metro: Siskiyou County, CA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $940 |
| 1 Bedroom | $950 |
| 2 Bedrooms | $1,240 |
| 3 Bedrooms | $1,720 |
| 4 Bedrooms | $1,970 |
| 5 Bedrooms | $2,285 |
| 6 Bedrooms | $2,559 |
| 7 Bedrooms | $2,764 |
| 8 Bedrooms | $2,902 |
U.S. Census Bureau data (2024)
The ZIP code 96037 is not a renter-heavy area but rather a homeowner-dominated region where the presence of Section 8 vouchers is relatively scarce. With a population of 168 residents and an astonishingly low 0.0% of the population being renters, it's clear that homeownership is prevalent in this area. The median household income stands at $117,379, which is significantly higher than the typical market rent figures, as specific market rent data is not available for this ZIP.
To understand the dynamics better, let's compare the median income to the Fair Market Rent (FMR) of $1,230, which is set for FY 2026 in the metropolitan area. Assuming that the FMR is reflective of the market conditions in ZIP 96037, we can deduce that the typical rent would consume only a small portion of the local income. For instance, if we take the FMR as the average rent, then rent would account for approximately 10.5% of the median household income. This calculation suggests that rental housing is affordable relative to the income levels in the area.
Given the scarcity of rental units and the low percentage of renters, landlords in ZIP 96037 should not expect a large pool of Section 8 tenants. Instead, they should anticipate a tenant profile that consists primarily of individuals or families who have higher incomes and can afford market rents without the need for housing vouchers. Landlords should focus on attracting those few renters who are likely to be financially stable and able to meet the higher rent expectations typical of such a high-income area.
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.