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Los Angeles County/Gardena/90247

90247

ZIPSAFMR
Los Angeles County, CA
Zillow

ZIP Investment Score

88Below average

095130300
BRFMR
Eff. Rent
0 BR$1,970$2,060
1 BR$2,200$2,330
2 BR$2,710$2,830
3 BR$3,440$3,780
4 BR$3,850$4,050
5 BR$4,428Not available
6 BR$5,092Not available
7 BR$5,855Not available
8 BR$6,734Not available

Purchase Price Calculator

Maximum purchase price
$358,620

Cost breakdown

+Likely effective rent$2,830
HUD FMR$2,710
Market rent$2,900
Est. payment standard (105%)Used$2,830
-Principal and interest-$1,813
Loan amount$286,896
Down payment$71,724
Rate6.50%
Term30 years
-Operating costs-$817
Property taxes-$359
Insurance-$175
Utilities$0
HOA$0
Management-$283
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$45,053(62.8% ROI)
Projected value
$386,195
Return breakdown
Property appreciation+$27,575
Loan principal paid down+$10,279
Rental cash flow+$7,200
5-year hold
+$77,456(108.0% ROI)
Projected value
$405,746
Return breakdown
Property appreciation+$47,126
Loan principal paid down+$18,330
Rental cash flow+$12,000
10-year hold
+$168,121(234.4% ROI)
Projected value
$459,064
Return breakdown
Property appreciation+$100,444
Loan principal paid down+$43,677
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.93
1 BR
0.92
2 BR
0.93
3 BR
0.87
4 BR
0.93
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 90247 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 90247 (Gardena, CA) is $2,710 a month. That is up 3.0% from $2,630 in FY 2026. Gardena 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, 90247 is tied for the 395th-highest two-bedroom rent (county range $1,870–$4,450). The median county two-bedroom FMR in California is $1,725, so ZIP 90247 is 57% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 90247
BedroomsFY 2027Change90–110% range
Studio$1,970+4.8%$1,773–$2,167
1BR$2,200+4.3%$1,980–$2,420
2BR$2,710+3.0%$2,439–$2,981
3BR$3,440+3.3%$3,096–$3,784
4BR$3,850+3.8%$3,465–$4,235

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 90247
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,970$2,200$2,710$3,440$3,850
FY 2026$1,880$2,110$2,630$3,330$3,710
FY 2025$1,630$1,830$2,310$2,940$3,250
FY 2024$1,570$1,770$2,250$2,890$3,180
FY 2023$1,380$1,570$2,000$2,600$2,850

Two-bedroom rent in nearby Los Angeles County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 90247
90239$2,960+9.2%
90240$3,010+11.1%
90241$3,030+11.8%
90242$2,870+5.9%
90245$4,250+56.8%
90247Current$2,710—
90248$2,560−5.5%
90249$2,640−2.6%
90250$2,790+3.0%
90251$2,960+9.2%
90254$4,310+59.0%
90255$2,400−11.4%

Questions about ZIP 90247 rents

How much will Section 8 pay for a two-bedroom in ZIP 90247?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,710, that basic range is $2,439 to $2,981 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 90247 in?

ZIP 90247 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 90247 for FY 2027?

The two-bedroom FMR rose 3.0%, from $2,630 in FY 2026 to $2,710 in FY 2027. Since FY 2023 it has risen 35.5%.

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 rentGardena, CA fair market rentCA statewide rentsWhat is SAFMR?Data sources