Section 8 Fair Market Rent (FMR) for ZIP 96041 - 2027

Location: Trinity County, CA | Metro: Trinity County, CA

Investment Score for ZIP 96041

N/A

Monthly Rent (2BR)

$1,090

Median Price (2BR)

$N/A

1% Rule

Annual Yield

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	$750
1 Bedroom	$830
2 Bedrooms	$1,090
3 Bedrooms	$1,480
4 Bedrooms	$1,490
5 Bedrooms	$1,728
6 Bedrooms	$1,935
7 Bedrooms	$2,090
8 Bedrooms	$2,195

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
3BR	$1,480	$246,591	0.6%	D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

2,889

Median Household Income

$N/A

Housing Units

1,590

Renter Percentage

32.3%

Occupancy Rate

76.9%

Renter Occupied

395

The ZIP code 96041, located in the heart of Eureka, California, offers a unique blend of natural beauty and urban amenities that attract both residents and visitors alike. Nestled along the coast of Northern California, this area is known for its temperate climate, lush forests, and proximity to the Pacific Ocean, making it a desirable location for those seeking a high quality of life.

The Fair Market Rent (FMR) for ZIP 96041 is set at $1,070 for fiscal year 2026, indicating the rental market's potential to support higher rents.
The current market rent, based on recent Census ACS data, stands at $840, suggesting there is room for growth towards the FMR.
The median home value in this ZIP code is $156,135, which is relatively affordable compared to other coastal areas in California.
Renters make up 32.3% of the housing market, showing a significant portion of the population relies on rental properties.
Unfortunately, the data does not provide the exact number of days on market (DOM) for rental listings, but the presence of a substantial renter base implies steady demand.
The median income figure is also not available, but considering the area's reliance on tourism and public sector jobs, it's likely that a diverse range of incomes supports the rental market.

For landlords and small-portfolio investors, ZIP 96041 presents a promising opportunity. The gap between the current market rent and the FMR suggests potential for increasing rental rates. The relatively low median home value indicates that this area could be more accessible for investment compared to other parts of California. With a notable renter share, there is a consistent demand for rental properties. While specific income levels aren't provided, the mix of industries in the region supports a varied tenant pool. These factors combined make 96041 a viable option for those looking to enter or expand their investment in the rental market.

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.