Location: Trinity County, CA | Metro: Trinity County, CA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $800 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $1,150 |
| 3 Bedrooms | $1,510 |
| 4 Bedrooms | $1,510 |
| 5 Bedrooms | $1,752 |
| 6 Bedrooms | $1,962 |
| 7 Bedrooms | $2,119 |
| 8 Bedrooms | $2,225 |
U.S. Census Bureau data (2024)
To determine if you should buy in ZIP code 96048 for Section 8 investment, follow this decision tree:
Yes: The Fair Market Rent (FMR) of $1,200 can support a property valued at $240,909. This means that the rental income would likely cover the mortgage payments and other expenses associated with owning the property.
No: If the FMR of $1,200 does not clear the debt service, purchasing a property in this area for Section 8 purposes would not be financially viable. The rental income would be insufficient to cover the costs of ownership.
Above: If the market rent is higher than the FMR of $1,200, then the property might also appeal to non-Section 8 tenants willing to pay more. However, Section 8 vouchers are capped at the FMR, so this additional potential revenue is irrelevant for Section 8 investments.
At: If market rents match the FMR, then the property is perfectly positioned for Section 8 tenants without the possibility of attracting higher-paying tenants.
Below: If market rents are below the FMR, then the property is overpriced relative to what tenants can afford. This scenario would make it difficult to find tenants even with Section 8 vouchers.
It Depends: With 26.3% of residents being renters, there is a moderate level of demand for rental properties. However, the Days on Market (DOM) being N/A indicates incomplete data, which could mean either high demand where properties rent quickly or low demand where listings are not updated frequently. Without knowing the DOM, it's challenging to assess the overall rental market health and competition in the area.
If you answered "Yes" to the first question and "At" or "Above" to the second, you still need to consider the third question. A 26.3% rental rate suggests there is a significant portion of the population seeking rental housing, but without a concrete DOM figure, it remains uncertain how quickly you can expect to fill your units. Incomplete data means you must rely on other sources or local knowledge to make a fully informed decision.
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.