Location: Siskiyou County, CA | Metro: Siskiyou County, CA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $960 |
| 1 Bedroom | $1,020 |
| 2 Bedrooms | $1,300 |
| 3 Bedrooms | $1,800 |
| 4 Bedrooms | $2,090 |
| 5 Bedrooms | $2,424 |
| 6 Bedrooms | $2,715 |
| 7 Bedrooms | $2,932 |
| 8 Bedrooms | $3,079 |
U.S. Census Bureau data (2024)
27.8% of residents in ZIP 96086 are renters, indicating a significant portion of the population relies on rental housing. The $1,210 Fair Market Rent (FMR) for the metro area in fiscal year 2026 suggests that landlords can expect to receive this amount for a standard unit, which is higher than the $1,052 average market rent reported by the Census ACS. This discrepancy highlights an opportunity for landlords participating in the Section 8 program, as they can secure a more stable income compared to the volatile market conditions.
$215,348 represents the median home value in ZIP 96086, showing a relatively affordable housing market for both homeowners and investors looking to purchase properties. The median income of $88,750 supports the ability of residents to afford the $1,210 FMR, making it feasible for tenants to maintain their leases without financial strain. Landlords can leverage these figures to ensure that their rental units are priced competitively while still meeting the needs of potential Section 8 participants.
The lack of available data on days on market (DOM) and price-cut share does not provide a complete picture of the local real estate market's speed and flexibility. However, given the lower market rent compared to the FMR, landlords might find that properties listed under the Section 8 program move faster and with less negotiation. This scenario would be beneficial for those with small portfolios seeking to minimize vacancy rates and operational inefficiencies.
In conclusion, the $1,210 FMR provides a clear benchmark for landlords in ZIP 96086 to set their rents when participating in the Section 8 program, ensuring they can attract tenants who can afford the rent while also securing a steady income stream. The $215,348 median home value and $88,750 median income indicate a balanced market where both landlords and tenants can thrive. Therefore, the Section 8 program is a viable option for landlords and small-portfolio investors in ZIP 96086.
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.