Location: Siskiyou County, CA | Metro: Siskiyou County, CA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $870 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $1,130 |
| 3 Bedrooms | $1,570 |
| 4 Bedrooms | $1,730 |
| 5 Bedrooms | $2,007 |
| 6 Bedrooms | $2,248 |
| 7 Bedrooms | $2,428 |
| 8 Bedrooms | $2,549 |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP code 96058 presents a unique set of conditions that both landlords and small-portfolio investors should consider carefully. With a median home value of $116,675, the area remains affordable compared to many other regions across the United States. However, the absence of data on the percentage of listings that have been reduced and the median days on market (DOM) suggest a stable but less dynamic market environment.
This stability in pricing, indicated by the lack of reductions and a steady median home value, signals that landlords and investors can maintain their current rental rates without significant adjustments. The Fair Market Rent (FMR) for the metro area is set at $1,090 for fiscal year 2026, which aligns closely with the current market rents in ZIP 96058, assuming they are similar. This parity suggests that there is little room for substantial increases in rent prices, as any hikes would need to be justified by local economic conditions and tenant affordability.
For long-term hold investors, the appreciation thesis is somewhat limited by the current data. The median home value has remained relatively constant, indicating a slow-growth area where capital appreciation might not be as robust as in other parts of the country. However, the low median home value also means that ZIP 96058 could still see gradual increases in property values if broader economic factors such as employment growth, population influx, or infrastructure improvements positively impact the region.
Investors should focus on the income side of their investments, leveraging the stable rental market and potentially the gradual increase in property values. Given the current median home value and FMR, it's reasonable to expect continued demand for rental properties in this price range, making ZIP 96058 a viable option for those looking to generate steady cash flow rather than rapid capital gains.
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.