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Los Angeles County/Gardena/90248

90248

ZIPSAFMR
Los Angeles County, CA
Zillow

ZIP Investment Score

78Below average

095130300
BRFMR
Eff. Rent
0 BR$1,860$1,930
1 BR$2,070$2,180
2 BR$2,560$2,810
3 BR$3,250$3,580
4 BR$3,630$3,890
5 BR$4,175Not available
6 BR$4,801Not available
7 BR$5,521Not available
8 BR$6,349Not available

Purchase Price Calculator

Maximum purchase price
$355,648

Cost breakdown

+Likely effective rent$2,810
HUD FMR$2,560
Market rent$2,950
Est. payment standard (110%)Used$2,810
-Principal and interest-$1,798
Loan amount$284,519
Down payment$71,130
Rate6.50%
Term30 years
-Operating costs-$812
Property taxes-$356
Insurance-$175
Utilities$0
HOA$0
Management-$281
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$44,740(62.9% ROI)
Projected value
$382,994
Return breakdown
Property appreciation+$27,346
Loan principal paid down+$10,194
Rental cash flow+$7,200
5-year hold
+$76,913(108.1% ROI)
Projected value
$402,383
Return breakdown
Property appreciation+$46,735
Loan principal paid down+$18,178
Rental cash flow+$12,000
10-year hold
+$166,926(234.7% ROI)
Projected value
$455,260
Return breakdown
Property appreciation+$99,612
Loan principal paid down+$43,315
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.95
1 BR
0.92
2 BR
0.87
3 BR
0.82
4 BR
0.90
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 90248 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 90248 (Gardena, CA) is $2,560 a month. That is up 3.2% from $2,480 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, 90248 is tied for the 411th-highest two-bedroom rent (county range $1,870–$4,450). The median county two-bedroom FMR in California is $1,725, so ZIP 90248 is 48% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 90248
BedroomsFY 2027Change90–110% range
Studio$1,860+4.5%$1,674–$2,046
1BR$2,070+4.0%$1,863–$2,277
2BR$2,560+3.2%$2,304–$2,816
3BR$3,250+3.5%$2,925–$3,575
4BR$3,630+3.7%$3,267–$3,993

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 90248
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,860$2,070$2,560$3,250$3,630
FY 2026$1,780$1,990$2,480$3,140$3,500
FY 2025$1,600$1,810$2,290$2,940$3,240
FY 2024$1,470$1,660$2,100$2,690$2,970
FY 2023$1,280$1,450$1,850$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 code2 bedroomvs. 90248
90239$2,960+15.6%
90240$3,010+17.6%
90241$3,030+18.4%
90242$2,870+12.1%
90245$4,250+66.0%
90247$2,710+5.9%
90248Current$2,560—
90249$2,640+3.1%
90250$2,790+9.0%
90251$2,960+15.6%
90254$4,310+68.4%
90255$2,400−6.2%

Questions about ZIP 90248 rents

How much will Section 8 pay for a two-bedroom in ZIP 90248?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,560, that basic range is $2,304 to $2,816 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 90248 in?

ZIP 90248 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 90248 for FY 2027?

The two-bedroom FMR rose 3.2%, from $2,480 in FY 2026 to $2,560 in FY 2027. Since FY 2023 it has risen 38.4%.

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

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