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 | $870 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $1,140 |
| 3 Bedrooms | $1,580 |
| 4 Bedrooms | $1,800 |
| 5 Bedrooms | $2,088 |
| 6 Bedrooms | $2,339 |
| 7 Bedrooms | $2,526 |
| 8 Bedrooms | $2,652 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,140 | $197,274 | 0.58% | F |
| 3BR | $1,580 | $268,381 | 0.59% | F |
| 4BR | $1,800 | $349,580 | 0.51% | F |
U.S. Census Bureau data (2024)
The ZIP code 96097, located in Yreka, California, presents an interesting landscape for both tenants and landlords. The median household income in this area stands at $53,059, which is significantly lower than the market rate for rent, currently set at $997 according to Census ACS data. This disparity highlights a notable affordability gap for renters.
With 37.9% of the population being renters and a total population of 9,964, the competition among landlords could be fierce. Given that the median income is already strained by the market rate, landlords who accept Section 8 vouchers, which are based on the FMR of $1,160, might find it easier to secure tenants. However, they must also consider that the voucher amount is higher than the current market rate, potentially attracting more tenants but also requiring them to meet certain housing quality standards set by the government.
The takeaway for landlords is clear: accepting vouchers can provide a steady stream of tenants willing to pay up to $1,160 per month, which is above the current market rate. This strategy could help landlords avoid prolonged vacancies and ensure consistent rental income. However, landlords should also weigh the benefits against the administrative requirements and inspections associated with voucher programs.
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.