Location: Plumas County, CA | Metro: Plumas County, CA
| 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 |
The ZIP code 96135 presents several challenges for potential Section 8 landlords. Tenant turnover can be problematic due to the disparity between the market rent and the Fair Market Rent (FMR) set at $1,410 for FY 2026 in the metro area. This discrepancy may lead to higher tenant mobility, as those who qualify for Section 8 vouchers might seek more affordable housing options elsewhere.
Vacancy exposure is another significant concern. The average days on market (DOM) is not available, but it's critical to understand that prolonged vacancies can severely impact cash flow. Landlords must be prepared for the possibility of extended periods without rental income, especially if the property does not attract tenants quickly.
Deferred maintenance poses a risk as well. Without specific data on typical home values and median incomes, it's difficult to gauge the financial capacity of residents to cover maintenance costs. However, it's essential to note that properties receiving Section 8 tenants should maintain a high standard of upkeep to avoid penalties and ensure safety and habitability. Landlords must budget for unexpected repairs and regular maintenance.
On the positive side, the high renter share in the area suggests strong demand for rental properties, which often translates into a higher number of Section 8 voucher holders looking for housing. This demand can help mitigate some of the risks associated with vacancy and turnover, as there is a steady pool of potential tenants.
Verdict: Moderate risk for a first-time Section 8 landlord. While the high renter density provides a buffer against vacancy, the unknowns regarding market conditions and maintenance costs necessitate careful planning and management.
Data Sources: FMR data from HUD (2027).
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.