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South Gate, CA

CitySAFMR
Los Angeles County
Found 1 ZIP

City Median Investment Score

80Below average

095130300
BRFMR
Eff. Rent
0 BR$1,760$1,860
1 BR$1,960$2,010
2 BR$2,420$2,660
3 BR$3,070$3,270
4 BR$3,440$3,500
5 BR$3,956Not available
6 BR$4,549Not available
7 BR$5,232Not available
8 BR$6,017Not available

Purchase Price Calculator

Maximum purchase price
$333,358

Cost breakdown

+Likely effective rent$2,660
HUD FMR$2,420
Market rent$2,820
Est. payment standard (110%)Used$2,660
-Principal and interest-$1,686
Loan amount$266,687
Down payment$66,672
Rate6.50%
Term30 years
-Operating costs-$774
Property taxes-$333
Insurance-$175
Utilities$0
HOA$0
Management-$266
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$42,387(63.6% ROI)
Projected value
$358,991
Return breakdown
Property appreciation+$25,632
Loan principal paid down+$9,555
Rental cash flow+$7,200
5-year hold
+$72,845(109.3% ROI)
Projected value
$377,164
Return breakdown
Property appreciation+$43,806
Loan principal paid down+$17,039
Rental cash flow+$12,000
10-year hold
+$157,969(236.9% ROI)
Projected value
$426,727
Return breakdown
Property appreciation+$93,369
Loan principal paid down+$40,600
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.92
1 BR
0.97
2 BR
0.86
3 BR
0.91
4 BR
0.97
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

South Gate, CA fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in South Gate, CA is $2,420 a month. That is up 3.9% from $2,330 in FY 2026. South Gate 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 South Gate is 40% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for South Gate, CA
BedroomsFY 2027Change90–110% range
Studio$1,760+5.4%$1,584–$1,936
1BR$1,960+4.8%$1,764–$2,156
2BR$2,420+3.9%$2,178–$2,662
3BR$3,070+4.1%$2,763–$3,377
4BR$3,440+4.6%$3,096–$3,784

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for South Gate, CA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,760$1,960$2,420$3,070$3,440
FY 2026$1,670$1,870$2,330$2,950$3,290
FY 2025$1,600$1,810$2,290$2,940$3,240
FY 2024$1,430$1,610$2,040$2,620$2,890
FY 2023$1,290$1,470$1,870$2,430$2,670

Questions about South Gate, CA rents

How much will Section 8 pay for a two-bedroom in South Gate, CA?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,420, that basic range is $2,178 to $2,662 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 South Gate, CA in?

South Gate, 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 South Gate, CA for FY 2027?

The two-bedroom FMR rose 3.9%, from $2,330 in FY 2026 to $2,420 in FY 2027. Since FY 2023 it has risen 29.4%.

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