90040

ZIPSAFMR

Los Angeles County, CA

ZIP Investment Score

80Below average

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$1,660	$1,740	6.1%
1 BR	$1,860	$2,000	5.6%
2 BR	$2,290	$2,520	4.6%
3 BR	$2,910	$3,200	3.8%
4 BR	$3,250	$3,580	4.4%
5 BR	$3,737	Not available	4.3%
6 BR	$4,298	Not available	4.4%
7 BR	$4,943	Not available	4.4%
8 BR	$5,684	Not available	4.4%

Purchase Price Calculator

Maximum purchase price

$312,554

Cost breakdown

+Likely effective rent$2,520

HUD FMR$2,290

Market rent$2,740

Est. payment standard (110%)Used$2,520

-Principal and interest-$1,580

Loan amount$250,044

Down payment$62,511

Rate6.50%

Term30 years

-Operating costs-$740

Property taxes-$313

Insurance-$175

Utilities$0

HOA$0

Management-$252

=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

+$40,191(64.3% ROI)

Projected value

$336,587

Return breakdown

Property appreciation+$24,033

Loan principal paid down+$8,958

Rental cash flow+$7,200

5-year hold

+$69,048(110.5% ROI)

Projected value

$353,627

Return breakdown

Property appreciation+$41,072

Loan principal paid down+$15,975

Rental cash flow+$12,000

10-year hold

+$149,608(239.3% ROI)

Projected value

$400,096

Return breakdown

Property appreciation+$87,542

Loan principal paid down+$38,066

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

0.93ratio

FMR$1,660

Market$1,790

vs market-$130

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

0.93

1 BR

0.89ratio

FMR$1,860

Market$2,080

vs market-$220

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

0.89

2 BR

0.84ratio

FMR$2,290

Market$2,740

vs market-$450

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

0.84

3 BR

0.86ratio

FMR$2,910

Market$3,370

vs market-$460

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

0.86

4 BR

0.82ratio

FMR$3,250

Market$3,960

vs market-$710

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

0.82

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 90040 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 90040 (Los Angeles, CA) is $2,290 a month. That is up 6.5% from $2,150 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, 90040 has the 450th-highest two-bedroom rent (county range $1,870–$4,450). The median county two-bedroom FMR in California is $1,725, so ZIP 90040 is 33% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 90040
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$1,540	$1,660	+7.8%	$1,494–$1,826
1BR	$1,720	$1,860	+8.1%	$1,674–$2,046
2BR	$2,150	$2,290	+6.5%	$2,061–$2,519
3BR	$2,730	$2,910	+6.6%	$2,619–$3,201
4BR	$3,040	$3,250	+6.9%	$2,925–$3,575

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 90040
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$1,660	$1,860	$2,290	$2,910	$3,250
FY 2026	$1,540	$1,720	$2,150	$2,730	$3,040
FY 2025	$1,600	$1,810	$2,290	$2,940	$3,240
FY 2024	$1,390	$1,580	$2,000	$2,600	$2,860
FY 2023	$1,250	$1,450	$1,840	$2,430	$2,640

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. 90040
90034	$3,710	+62.0%
90035	$4,100	+79.0%
90036	$4,450	+94.3%
90037	$2,310	+0.9%
90038	$3,390	+48.0%
90039	$3,190	+39.3%
90040Current	$2,290	—
90041	$2,980	+30.1%
90042	$2,970	+29.7%
90043	$2,430	+6.1%
90044	$2,350	+2.6%
90045	$4,360	+90.4%

Questions about ZIP 90040 rents

How much will Section 8 pay for a two-bedroom in ZIP 90040?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,290, that basic range is $2,061 to $2,519 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 90040 in?

ZIP 90040 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 90040 for FY 2027?

The two-bedroom FMR rose 6.5%, from $2,150 in FY 2026 to $2,290 in FY 2027. Since FY 2023 it has risen 24.5%.

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

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