Location: Siskiyou County, CA | Metro: Siskiyou County, CA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,050 |
| 1 Bedroom | $1,060 |
| 2 Bedrooms | $1,380 |
| 3 Bedrooms | $1,910 |
| 4 Bedrooms | $2,180 |
| 5 Bedrooms | $2,529 |
| 6 Bedrooms | $2,832 |
| 7 Bedrooms | $3,059 |
| 8 Bedrooms | $3,212 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,380 | $280,079 | 0.49% | F |
| 3BR | $1,910 | $315,882 | 0.6% | D |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 96057, located in the Siskiyou County, CA metro area, reveals a favorable environment for those seeking rental properties. The HUD Fair Market Rent (FMR) for the metro area, set at $1,450 for fiscal year 2026, significantly exceeds the average market rent of $989 as reported by the Census ACS. This indicates that voucher tenants will not only cashflow but do so comfortably, even in standard units, without the need for premium upgrades.
To further assess the investment potential, consider the median home value in the area, which stands at $285,007. Using this figure, we can derive the rent-to-price ratio by dividing the average market rent by the median home value, resulting in a ratio of approximately 0.35%. This low ratio suggests that the rental market is undervalued relative to the housing market, making it an attractive option for investors looking to capitalize on the disparity between rents and property values.
In terms of the dynamics between renting and buying, the data shows a median Days on Market (DOM) and price-cut percentage that are not applicable (N/A), indicating a stable market with little fluctuation in sales activity. This stability supports the viability of long-term rental investments, as there is less risk associated with sudden changes in the local real estate market.
The strongest angle for investors in this ZIP code is cashflow, given the substantial gap between the HUD FMR and the current market rent. This allows for significant financial returns without the need to increase rents above what voucher holders can afford, ensuring a steady stream of income from reliable tenants.
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.