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Los Angeles County/North Hollywood/91602

91602

ZIPSAFMR
Los Angeles County, CA
Zillow

ZIP Investment Score

68Below average

095130300
BRFMR
Eff. Rent
0 BR$2,730$2,290
1 BR$3,050$2,430
2 BR$3,760$3,580
3 BR$4,770$4,990
4 BR$5,340$5,700
5 BR$6,141Not available
6 BR$7,062Not available
7 BR$8,121Not available
8 BR$9,340Not available

Purchase Price Calculator

Maximum purchase price
$470,070

Cost breakdown

+Likely effective rent$3,580
HUD FMR$3,760
Market rentUsed$3,580
Est. payment standard (97%)$3,640
-Principal and interest-$2,377
Loan amount$376,056
Down payment$94,014
Rate6.50%
Term30 years
-Operating costs-$1,003
Property taxes-$470
Insurance-$175
Utilities$0
HOA$0
Management-$358
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$56,817(60.4% ROI)
Projected value
$506,214
Return breakdown
Property appreciation+$36,144
Loan principal paid down+$13,473
Rental cash flow+$7,200
5-year hold
+$97,797(104.0% ROI)
Projected value
$531,841
Return breakdown
Property appreciation+$61,771
Loan principal paid down+$24,026
Rental cash flow+$12,000
10-year hold
+$212,910(226.5% ROI)
Projected value
$601,729
Return breakdown
Property appreciation+$131,659
Loan principal paid down+$57,250
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.19
1 BR
1.26
2 BR
1.05
3 BR
0.93
4 BR
0.91
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 91602 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 91602 (North Hollywood, CA) is $3,760 a month. That is up 3.3% from $3,640 in FY 2026. North Hollywood 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, 91602 has the 66th-highest two-bedroom rent (county range $1,870–$4,450). The median county two-bedroom FMR in California is $1,725, so ZIP 91602 is 118% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 91602
BedroomsFY 2027Change90–110% range
Studio$2,730+4.6%$2,457–$3,003
1BR$3,050+4.5%$2,745–$3,355
2BR$3,760+3.3%$3,384–$4,136
3BR$4,770+3.5%$4,293–$5,247
4BR$5,340+3.9%$4,806–$5,874

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 91602
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,730$3,050$3,760$4,770$5,340
FY 2026$2,610$2,920$3,640$4,610$5,140
FY 2025$2,290$2,570$3,240$4,120$4,560
FY 2024$2,230$2,520$3,190$4,090$4,510
FY 2023$1,990$2,260$2,880$3,740$4,110

Two-bedroom rent in nearby Los Angeles County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 91602
91601$3,560−5.3%
91602Current$3,760—
91603$2,960−21.3%
91604$4,030+7.2%
91605$2,720−27.7%
91606$2,940−21.8%
91607$3,360−10.6%
91608$3,850+2.4%
91609$2,960−21.3%
91610$2,960−21.3%
91614$2,960−21.3%
91615$2,960−21.3%

Questions about ZIP 91602 rents

How much will Section 8 pay for a two-bedroom in ZIP 91602?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $3,760, that basic range is $3,384 to $4,136 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 91602 in?

ZIP 91602 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 91602 for FY 2027?

The two-bedroom FMR rose 3.3%, from $3,640 in FY 2026 to $3,760 in FY 2027. Since FY 2023 it has risen 30.6%.

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