Location: Plumas County, CA | Metro: Plumas 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 | $990 |
| 1 Bedroom | $1,090 |
| 2 Bedrooms | $1,420 |
| 3 Bedrooms | $1,880 |
| 4 Bedrooms | $1,960 |
| 5 Bedrooms | $2,274 |
| 6 Bedrooms | $2,547 |
| 7 Bedrooms | $2,751 |
| 8 Bedrooms | $2,889 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,420 | $476,614 | 0.3% | F |
| 3BR | $1,880 | $669,572 | 0.28% | F |
U.S. Census Bureau data (2024)
ZIP code 96106, located in Portola, CA within the Plumas County, CA metro area, has a Fair Market Rent (FMR) of $1,410 for fiscal year 2026. This figure is critical for landlords and small-portfolio investors as it represents the maximum rental amount that can be charged for units to qualify under the Section 8 housing program.
The median home value in ZIP 96106 stands at $612,523. In contrast, the market rent data is not available, which might indicate a lower demand for rental properties compared to other areas within the county. However, given that 63.6% of households in this ZIP code are renters, it suggests a significant portion of the population relies on rentals, making it an important consideration for investors.
To understand the position of ZIP 96106 within the Plumas County, CA metro, we must compare these figures with typical ZIP codes in the region. The FMR of $1,410 places this ZIP code slightly above average, indicating that it is not a value pocket but rather a mid-tier neighborhood. The high renter share combined with the substantial home value could signal that 96106 is a desirable location for renters, possibly due to its proximity to amenities, employment opportunities, or natural attractions unique to the area.
While the lack of market rent data limits a direct comparison, the high renter share and the relatively high home value suggest that 96106 might attract tenants who are willing to pay close to the FMR for quality living conditions. This scenario is favorable for landlords and investors as it aligns with the higher FMR without exceeding it, ensuring compliance with Section 8 guidelines while still maintaining competitive rental rates.
In summary, ZIP code 96106 appears to be a mid-tier neighborhood within the Plumas County, CA metro, characterized by a significant renter population and a moderate FMR. The combination of a high renter share and a notable home value points towards a balanced investment opportunity where rental income can meet the needs of both landlords and 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.