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91604

ZIPSAFMR
Los Angeles County, CA

ZIP Investment Score

57Below average

095130300
BRFMR
Eff. Rent
0 BR$2,920$2,480
1 BR$3,270$2,980
2 BR$4,030$4,430
3 BR$5,110$5,620
4 BR$5,720$6,290
5 BR$6,578Not available
6 BR$7,565Not available
7 BR$8,699Not available
8 BR$10,004Not available

Purchase Price Calculator

Maximum purchase price
$596,380

Cost breakdown

+Likely effective rent$4,430
HUD FMR$4,030
Market rent$4,700
Est. payment standard (110%)Used$4,430
-Principal and interest-$3,016
Loan amount$477,104
Down payment$119,276
Rate6.50%
Term30 years
-Operating costs-$1,214
Property taxes-$596
Insurance-$175
Utilities$0
HOA$0
Management-$443
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$70,149(58.8% ROI)
Projected value
$642,236
Return breakdown
Property appreciation+$45,856
Loan principal paid down+$17,093
Rental cash flow+$7,200
5-year hold
+$120,851(101.3% ROI)
Projected value
$674,749
Return breakdown
Property appreciation+$78,369
Loan principal paid down+$30,482
Rental cash flow+$12,000
10-year hold
+$263,670(221.1% ROI)
Projected value
$763,416
Return breakdown
Property appreciation+$167,037
Loan principal paid down+$72,634
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.18
1 BR
1.10
2 BR
0.86
3 BR
0.79
4 BR
0.57
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 91604 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 91604 (Studio City, CA) is $4,030 a month. That is up 3.1% from $3,910 in FY 2026. Studio City 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, 91604 is tied for the 44th-highest two-bedroom rent (county range $1,870–$4,450). The median county two-bedroom FMR in California is $1,725, so ZIP 91604 is 134% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 91604
BedroomsFY 2027Change90–110% range
Studio$2,920+4.3%$2,628–$3,212
1BR$3,270+4.5%$2,943–$3,597
2BR$4,030+3.1%$3,627–$4,433
3BR$5,110+3.0%$4,599–$5,621
4BR$5,720+3.6%$5,148–$6,292

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 91604
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,920$3,270$4,030$5,110$5,720
FY 2026$2,800$3,130$3,910$4,960$5,520
FY 2025$2,440$2,740$3,450$4,380$4,860
FY 2024$2,400$2,700$3,430$4,400$4,850
FY 2023$2,110$2,410$3,060$3,980$4,370

Two-bedroom rent in nearby Los Angeles County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 91604
91601$3,560−11.7%
91602$3,760−6.7%
91603$2,960−26.6%
91604Current$4,030—
91605$2,720−32.5%
91606$2,940−27.0%
91607$3,360−16.6%
91608$3,850−4.5%
91609$2,960−26.6%
91610$2,960−26.6%
91614$2,960−26.6%
91615$2,960−26.6%

Questions about ZIP 91604 rents

How much will Section 8 pay for a two-bedroom in ZIP 91604?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $4,030, that basic range is $3,627 to $4,433 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 91604 in?

ZIP 91604 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 91604 for FY 2027?

The two-bedroom FMR rose 3.1%, from $3,910 in FY 2026 to $4,030 in FY 2027. Since FY 2023 it has risen 31.7%.

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