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 | $1,260 |
| 1 Bedroom | $1,270 |
| 2 Bedrooms | $1,660 |
| 3 Bedrooms | $2,300 |
| 4 Bedrooms | $2,630 |
| 5 Bedrooms | $3,051 |
| 6 Bedrooms | $3,417 |
| 7 Bedrooms | $3,690 |
| 8 Bedrooms | $3,875 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $1,270 | $271,484 | 0.47% | F |
| 2BR | $1,660 | $327,787 | 0.51% | F |
| 3BR | $2,300 | $446,783 | 0.51% | F |
| 4BR | $2,630 | $560,791 | 0.47% | F |
| 5BR | $3,051 | $618,371 | 0.49% | F |
U.S. Census Bureau data (2024)
The Section 8 housing market in ZIP code 96067, which encompasses Mount Shasta, CA, and parts of Siskiyou County, presents a balanced opportunity for investors. The HUD Fair Market Rent (FMR) for the area is set at $1,630 for the fiscal year 2026, slightly above the market rent of $1,607 as reported by the Census Bureau's American Community Survey (ACS).
This indicates that voucher tenants can cashflow at the HUD FMR without requiring premium units, making it a feasible option for landlords looking to maintain steady income. However, the slight premium over market rent means that landlords must be selective about their properties to ensure they do not lose out on the difference between FMR and actual market rates.
The median home value in the area is $411,360. To derive the rent-to-price ratio, we divide the median rent by the median home value: $1,607 / $411,360 = 0.0039, or approximately 0.4%. This ratio suggests that rental income represents a small portion of the property's value, indicating that appreciation could be a significant factor in investment returns.
Note that the median Days on Market (DOM) is not applicable (N/A), and the percentage of homes that required a price cut during the sale process is 0.2%. These figures suggest a stable real estate market where sales are quick and few sellers need to reduce their asking price, though the lack of DOM data means there isn't a clear picture of how long listings typically remain active before being rented or sold.
The strongest investor angle in this market is likely to be stability. Given the low percentage of homes needing price cuts and the absence of prolonged listing times, investors can expect consistent performance from their rental properties. While appreciation is possible, the primary benefit lies in the predictable nature of the market, allowing for reliable cash flow and minimal risk.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.