90024

ZIPSAFMR

Los Angeles County, CA

ZIP Investment Score

42Below average

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$3,230	$3,260	6.8%
1 BR	$3,610	$3,820	6.4%
2 BR	$4,450	$4,900	5.4%
3 BR	$5,650	$6,180	5.1%
4 BR	$6,320	$6,950	5.5%
5 BR	$7,268	Not available	5.5%
6 BR	$8,358	Not available	5.5%
7 BR	$9,612	Not available	5.5%
8 BR	$11,054	Not available	5.5%

Purchase Price Calculator

Maximum purchase price

$666,222

Cost breakdown

+Likely effective rent$4,900

HUD FMR$4,450

Market rent$5,150

Est. payment standard (110%)Used$4,900

-Principal and interest-$3,369

Loan amount$532,977

Down payment$133,244

Rate6.50%

Term30 years

-Operating costs-$1,331

Property taxes-$666

Insurance-$175

Utilities$0

HOA$0

Management-$490

=Target cash flow+$200

Calculation mode

BedroomsCash-flow target

Down payment methodDown payment %

HOA / mo

Utilities methodUtilities amount

Management methodManagement % of rent

Hold period projections

Annual appreciation rate

3-year hold

+$77,521(58.2% ROI)

Projected value

$717,448

Return breakdown

Property appreciation+$51,226

Loan principal paid down+$19,095

Rental cash flow+$7,200

5-year hold

+$133,599(100.3% ROI)

Projected value

$753,768

Return breakdown

Property appreciation+$87,547

Loan principal paid down+$34,052

Rental cash flow+$12,000

10-year hold

+$291,738(218.9% ROI)

Projected value

$852,820

Return breakdown

Property appreciation+$186,598

Loan principal paid down+$81,140

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

0.99ratio

FMR$3,230

Market$3,270

vs market-$40

FMR is near market; voucher and private rents are aligned.

0.99

1 BR

0.92ratio

FMR$3,610

Market$3,930

vs market-$320

FMR is near market; voucher and private rents are aligned.

0.92

2 BR

0.86ratio

FMR$4,450

Market$5,150

vs market-$700

FMR is below market; voucher rent may lag private rents.

0.86

3 BR

0.87ratio

FMR$5,650

Market$6,460

vs market-$810

FMR is below market; voucher rent may lag private rents.

0.87

4 BR

0.59ratio

FMR$6,320

Market$10,680

vs market-$4,360

FMR is below market; voucher rent may lag private rents.

0.59

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: --

ZIP 90024 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 90024 (Los Angeles, CA) is $4,450 a month. That is up 3.5% from $4,300 in FY 2026. Los Angeles 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. Among 458 ZIP codes in Los Angeles County, 90024 is tied for the highest two-bedroom rent (county range $1,870–$4,450). The median county two-bedroom FMR in California is $1,725, so ZIP 90024 is 158% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 90024
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$3,080	$3,230	+4.9%	$2,907–$3,553
1BR	$3,450	$3,610	+4.6%	$3,249–$3,971
2BR	$4,300	$4,450	+3.5%	$4,005–$4,895
3BR	$5,450	$5,650	+3.7%	$5,085–$6,215
4BR	$6,070	$6,320	+4.1%	$5,688–$6,952

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 90024
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$3,230	$3,610	$4,450	$5,650	$6,320
FY 2026	$3,080	$3,450	$4,300	$5,450	$6,070
FY 2025	$2,700	$3,030	$3,820	$4,850	$5,380
FY 2024	$2,650	$3,000	$3,800	$4,870	$5,380
FY 2023	$2,300	$2,620	$3,330	$4,330	$4,750

Two-bedroom rent in nearby Los Angeles County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 90024
90018	$2,510	−43.6%
90019	$2,950	−33.7%
90020	$3,290	−26.1%
90021	$2,420	−45.6%
90022	$2,360	−47.0%
90023	$2,270	−49.0%
90024Current	$4,450	—
90025	$4,380	−1.6%
90026	$3,040	−31.7%
90027	$3,600	−19.1%
90028	$3,190	−28.3%
90029	$2,970	−33.3%

Questions about ZIP 90024 rents

How much will Section 8 pay for a two-bedroom in ZIP 90024?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $4,450, that basic range is $4,005 to $4,895 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 ZIP 90024 in?

ZIP 90024 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 ZIP 90024 for FY 2027?

The two-bedroom FMR rose 3.5%, from $4,300 in FY 2026 to $4,450 in FY 2027. Since FY 2023 it has risen 33.6%.

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

County fair market rent Los Angeles, CA fair market rent CA statewide rents What is SAFMR?Data sources