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California, LA

CitySAFMR
Los Angeles Parish
Found 1 ZIP
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City Median Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$2,150$2,050
1 BR$2,400$2,450
2 BR$2,960$2,920
3 BR$3,760$3,840
4 BR$4,200$4,530
5 BR$4,830Not available
6 BR$5,554Not available
7 BR$6,388Not available
8 BR$7,346Not available

Purchase Price Calculator

Maximum purchase price
$371,994

Cost breakdown

+Likely effective rent$2,920
HUD FMR$2,960
Market rentUsed$2,920
Est. payment standard (99%)$2,930
-Principal and interest-$1,881
Loan amount$297,595
Down payment$74,399
Rate6.50%
Term30 years
-Operating costs-$839
Property taxes-$372
Insurance-$175
Utilities$0
HOA$0
Management-$292
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$46,465(62.5% ROI)
Projected value
$400,597
Return breakdown
Property appreciation+$28,603
Loan principal paid down+$10,662
Rental cash flow+$7,200
5-year hold
+$79,897(107.4% ROI)
Projected value
$420,877
Return breakdown
Property appreciation+$48,883
Loan principal paid down+$19,013
Rental cash flow+$12,000
10-year hold
+$173,495(233.2% ROI)
Projected value
$476,184
Return breakdown
Property appreciation+$104,190
Loan principal paid down+$45,306
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.05
1 BR
0.97
2 BR
1.01
3 BR
0.97
4 BR
0.89
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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California, LA fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in California, LA is $2,960 a month. That is up 2.1% from $2,900 in FY 2026. California is in the Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Louisiana is $995, so California is 197% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for California, LA
BedroomsFY 2027Change90–110% range
Studio$2,150+3.4%$1,935–$2,365
1BR$2,400+3.0%$2,160–$2,640
2BR$2,960+2.1%$2,664–$3,256
3BR$3,760+2.2%$3,384–$4,136
4BR$4,200+2.7%$3,780–$4,620

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for California, LA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,150$2,400$2,960$3,760$4,200
FY 2026$2,080$2,330$2,900$3,680$4,090
FY 2025$1,860$2,090$2,630$3,340$3,710
FY 2024area FMR$1,777$2,006$2,544$3,263$3,600
FY 2023area FMR$1,534$1,747$2,222$2,888$3,170

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Questions about California, LA rents

How much will Section 8 pay for a two-bedroom in California, LA?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,960, that basic range is $2,664 to $3,256 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is California, LA in?

California, LA is in the Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in California, LA for FY 2027?

The two-bedroom FMR rose 2.1%, from $2,900 in FY 2026 to $2,960 in FY 2027. Since FY 2025 it has risen 12.5%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set