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Los Angeles County/Pasadena/91104

91104

ZIPSAFMR
Los Angeles County, CA
Zillow

ZIP Investment Score

60Below average

095130300
BRFMR
Eff. Rent
0 BR$2,320$2,130
1 BR$2,590$2,600
2 BR$3,200$3,520
3 BR$4,060$4,470
4 BR$4,540$4,990
5 BR$5,221Not available
6 BR$6,004Not available
7 BR$6,905Not available
8 BR$7,940Not available

Purchase Price Calculator

Maximum purchase price
$461,154

Cost breakdown

+Likely effective rent$3,520
HUD FMR$3,200
Market rent$3,860
Est. payment standard (110%)Used$3,520
-Principal and interest-$2,332
Loan amount$368,923
Down payment$92,231
Rate6.50%
Term30 years
-Operating costs-$988
Property taxes-$461
Insurance-$175
Utilities$0
HOA$0
Management-$352
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$55,876(60.6% ROI)
Projected value
$496,612
Return breakdown
Property appreciation+$35,458
Loan principal paid down+$13,218
Rental cash flow+$7,200
5-year hold
+$96,170(104.3% ROI)
Projected value
$521,754
Return breakdown
Property appreciation+$60,599
Loan principal paid down+$23,571
Rental cash flow+$12,000
10-year hold
+$209,327(227.0% ROI)
Projected value
$590,316
Return breakdown
Property appreciation+$129,162
Loan principal paid down+$56,164
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.09
1 BR
0.99
2 BR
0.83
3 BR
0.77
4 BR
0.85
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 91104 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 91104 (Pasadena, CA) is $3,200 a month. That is up 4.6% from $3,060 in FY 2026. Pasadena 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, 91104 is tied for the 139th-highest two-bedroom rent (county range $1,870–$4,450). The median county two-bedroom FMR in California is $1,725, so ZIP 91104 is 86% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 91104
BedroomsFY 2027Change90–110% range
Studio$2,320+5.9%$2,088–$2,552
1BR$2,590+5.7%$2,331–$2,849
2BR$3,200+4.6%$2,880–$3,520
3BR$4,060+4.6%$3,654–$4,466
4BR$4,540+5.1%$4,086–$4,994

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 91104
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,320$2,590$3,200$4,060$4,540
FY 2026$2,190$2,450$3,060$3,880$4,320
FY 2025$1,890$2,120$2,670$3,390$3,760
FY 2024$1,830$2,070$2,620$3,360$3,710
FY 2023$1,640$1,860$2,370$3,080$3,380

Two-bedroom rent in nearby Los Angeles County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 91104
91101$3,860+20.6%
91102$2,960−7.5%
91103$3,130−2.2%
91104Current$3,200—
91105$4,450+39.1%
91106$3,530+10.3%
91107$3,700+15.6%
91108$3,410+6.6%
91109$2,960−7.5%
91114$2,960−7.5%
91115$2,960−7.5%
91116$2,960−7.5%

Questions about ZIP 91104 rents

How much will Section 8 pay for a two-bedroom in ZIP 91104?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $3,200, that basic range is $2,880 to $3,520 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 91104 in?

ZIP 91104 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 91104 for FY 2027?

The two-bedroom FMR rose 4.6%, from $3,060 in FY 2026 to $3,200 in FY 2027. Since FY 2023 it has risen 35.0%.

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