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Los Angeles County/Avalon/90704

90704

ZIPSAFMR
Los Angeles County, CA
Zillow

ZIP Investment Score

60Below average

095130300
BRFMR
Eff. Rent
0 BR$2,240$2,240
1 BR$2,500$2,500
2 BR$3,090$3,090
3 BR$3,920$3,920
4 BR$4,390$4,390
5 BR$5,049Not available
6 BR$5,806Not available
7 BR$6,677Not available
8 BR$7,678Not available

Purchase Price Calculator

Maximum purchase price
$397,256

Cost breakdown

+Likely effective rent$3,090
HUD FMRUsed$3,090
Market rentN/A
Est. payment standardN/A
-Principal and interest-$2,009
Loan amount$317,805
Down payment$79,451
Rate6.50%
Term30 years
-Operating costs-$881
Property taxes-$397
Insurance-$175
Utilities$0
HOA$0
Management-$309
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$49,131(61.8% ROI)
Projected value
$427,802
Return breakdown
Property appreciation+$30,545
Loan principal paid down+$11,386
Rental cash flow+$7,200
5-year hold
+$84,507(106.4% ROI)
Projected value
$449,459
Return breakdown
Property appreciation+$52,203
Loan principal paid down+$20,305
Rental cash flow+$12,000
10-year hold
+$183,648(231.1% ROI)
Projected value
$508,522
Return breakdown
Property appreciation+$111,265
Loan principal paid down+$48,382
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
--
Mortgage rate
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ZIP 90704 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 90704 (Avalon, CA) is $3,090 a month. That is up 4.0% from $2,970 in FY 2026. Avalon 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, 90704 has the 154th-highest two-bedroom rent (county range $1,870–$4,450). The median county two-bedroom FMR in California is $1,725, so ZIP 90704 is 79% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 90704
BedroomsFY 2027Change90–110% range
Studio$2,240+5.2%$2,016–$2,464
1BR$2,500+5.0%$2,250–$2,750
2BR$3,090+4.0%$2,781–$3,399
3BR$3,920+4.0%$3,528–$4,312
4BR$4,390+4.8%$3,951–$4,829

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 90704
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,240$2,500$3,090$3,920$4,390
FY 2026$2,130$2,380$2,970$3,770$4,190
FY 2025$1,880$2,110$2,660$3,380$3,750
FY 2024$1,840$2,070$2,630$3,370$3,720
FY 2023$1,600$1,820$2,320$3,010$3,310

Two-bedroom rent in nearby Los Angeles County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 90704
90701$3,450+11.7%
90702$2,960−4.2%
90703$4,450+44.0%
90704Current$3,090—
90706$2,840−8.1%
90707$2,960−4.2%
90710$2,430−21.4%
90711$2,960−4.2%
90712$3,620+17.2%
90713$4,060+31.4%
90714$2,960−4.2%
90715$3,400+10.0%

Questions about ZIP 90704 rents

How much will Section 8 pay for a two-bedroom in ZIP 90704?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $3,090, that basic range is $2,781 to $3,399 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 90704 in?

ZIP 90704 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 90704 for FY 2027?

The two-bedroom FMR rose 4.0%, from $2,970 in FY 2026 to $3,090 in FY 2027. Since FY 2023 it has risen 33.2%.

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