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Los Angeles County/Canoga Park/91303

91303

ZIPSAFMR
Los Angeles County, CA
Zillow

ZIP Investment Score

96Above average

095130300
BRFMR
Eff. Rent
0 BR$2,350$2,060
1 BR$2,630$2,260
2 BR$3,240$3,250
3 BR$4,110$4,280
4 BR$4,600$5,060
5 BR$5,290Not available
6 BR$6,083Not available
7 BR$6,996Not available
8 BR$8,045Not available

Purchase Price Calculator

Maximum purchase price
$421,032

Cost breakdown

+Likely effective rent$3,250
HUD FMR$3,240
Market rent$3,260
Est. payment standard (100%)Used$3,250
-Principal and interest-$2,129
Loan amount$336,826
Down payment$84,206
Rate6.50%
Term30 years
-Operating costs-$921
Property taxes-$421
Insurance-$175
Utilities$0
HOA$0
Management-$325
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$51,641(61.3% ROI)
Projected value
$453,406
Return breakdown
Property appreciation+$32,373
Loan principal paid down+$12,068
Rental cash flow+$7,200
5-year hold
+$88,847(105.5% ROI)
Projected value
$476,359
Return breakdown
Property appreciation+$55,327
Loan principal paid down+$21,520
Rental cash flow+$12,000
10-year hold
+$193,203(229.4% ROI)
Projected value
$538,957
Return breakdown
Property appreciation+$117,925
Loan principal paid down+$51,278
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.14
1 BR
1.16
2 BR
0.99
3 BR
0.94
4 BR
0.81
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 91303 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 91303 (Canoga Park, CA) is $3,240 a month. That is up 4.2% from $3,110 in FY 2026. Canoga Park 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, 91303 has the 133rd-highest two-bedroom rent (county range $1,870–$4,450). The median county two-bedroom FMR in California is $1,725, so ZIP 91303 is 88% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 91303
BedroomsFY 2027Change90–110% range
Studio$2,350+5.4%$2,115–$2,585
1BR$2,630+5.6%$2,367–$2,893
2BR$3,240+4.2%$2,916–$3,564
3BR$4,110+4.3%$3,699–$4,521
4BR$4,600+4.8%$4,140–$5,060

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 91303
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,350$2,630$3,240$4,110$4,600
FY 2026$2,230$2,490$3,110$3,940$4,390
FY 2025$1,920$2,150$2,710$3,440$3,820
FY 2024$1,850$2,090$2,650$3,400$3,750
FY 2023$1,640$1,870$2,380$3,090$3,400

Two-bedroom rent in nearby Los Angeles County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 91303
91301$4,450+37.3%
91302$4,450+37.3%
91303Current$3,240—
91304$3,070−5.2%
91305$2,960−8.6%
91306$2,920−9.9%
91307$3,540+9.3%
91308$2,960−8.6%
91309$2,960−8.6%
91310$2,960−8.6%
91311$3,450+6.5%
91313$2,960−8.6%

Questions about ZIP 91303 rents

How much will Section 8 pay for a two-bedroom in ZIP 91303?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $3,240, that basic range is $2,916 to $3,564 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 91303 in?

ZIP 91303 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 91303 for FY 2027?

The two-bedroom FMR rose 4.2%, from $3,110 in FY 2026 to $3,240 in FY 2027. Since FY 2023 it has risen 36.1%.

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