FMR is near market; voucher and private rents are aligned.
1.08
1 BR
1 BR- 90723
0.95ratio
FMR$2,240
Market$2,350
vs market-$110
FMR is near market; voucher and private rents are aligned.
0.95
2 BR
2 BR- 90723
1.05ratio
FMR$2,770
Market$2,650
vs market+$120
FMR is near market; voucher and private rents are aligned.
1.05
3 BR
3 BR- 90723
0.99ratio
FMR$3,510
Market$3,560
vs market-$50
FMR is near market; voucher and private rents are aligned.
0.99
4 BR
4 BR- 90723
0.98ratio
FMR$3,930
Market$4,010
vs market-$80
FMR is near market; voucher and private rents are aligned.
0.98
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
Paramount, CA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Paramount, CA is $2,770 a month. That is up 5.7% from $2,620 in FY 2026. Paramount 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 California is $1,725, so Paramount is 61% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Paramount, CA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,880
$2,010
+6.9%
$1,809–$2,211
1BR
$2,100
$2,240
+6.7%
$2,016–$2,464
2BR
$2,620
$2,770
+5.7%
$2,493–$3,047
3BR
$3,320
$3,510
+5.7%
$3,159–$3,861
4BR
$3,700
$3,930
+6.2%
$3,537–$4,323
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Paramount, CA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,010
$2,240
$2,770
$3,510
$3,930
FY 2026
$1,880
$2,100
$2,620
$3,320
$3,700
FY 2025
$1,630
$1,820
$2,300
$2,940
$3,240
FY 2024
$1,580
$1,780
$2,260
$2,900
$3,200
FY 2023
$1,440
$1,640
$2,080
$2,700
$2,970
Questions about Paramount, CA rents
How much will Section 8 pay for a two-bedroom in Paramount, CA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,770, that basic range is $2,493 to $3,047 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 Paramount, CA in?
Paramount, CA 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 Paramount, CA for FY 2027?
The two-bedroom FMR rose 5.7%, from $2,620 in FY 2026 to $2,770 in FY 2027. Since FY 2023 it has risen 33.2%.
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