FY2027 Small Area FMR · Paramount, CA
ZIP 90723 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 90723 (Paramount, CA) is $2,770 a month, up 5.7% from FY2026. That is 7% below the Los Angeles-Long Beach-Glendale, CA area-wide FMR of $2,964.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 90723 sits in the Los Angeles-Long Beach-Glendale, CA area
Of the 474 ZIP codes HUD lists for the area, 90723 has the 391st highest two-bedroom Small Area FMR. Los Angeles-Long Beach-Glendale, CA is one of the 65 metro areas where HUD requires Small Area FMRs for the Housing Choice Voucher program (designated 2023), so local housing agencies must set payment standards from this ZIP code's figure, normally between $2,493 and $3,047 for two bedrooms.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $2,010 | $1,809 – $2,211 | $2,151 | $1,880 |
| 1 bedroom | $2,240 | $2,016 – $2,464 | $2,402 | $2,100 |
| 2 bedrooms | $2,770 | $2,493 – $3,047 | $2,964 | $2,620 |
| 3 bedrooms | $3,510 | $3,159 – $3,861 | $3,760 | $3,320 |
| 4 bedrooms | $3,930 | $3,537 – $4,323 | $4,208 | $3,700 |
A household renting a two-bedroom home at the Small Area FMR of $2,770 needs about $110,800 a year to keep housing costs at 30% of income. The area median family income is $108,100 and the 80% low-income limit for four people is $133,250. ZIP code 90723 lies mainly in Los Angeles County. See the Los Angeles-Long Beach-Glendale, CA county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 90723?
HUD's FY2027 Small Area Fair Market Rents for 90723 are $2,010 (studio), $2,240 (1 BR), $2,770 (2 BR), $3,510 (3 BR) and $3,930 (4 BR) a month.
What is the Section 8 payment standard in 90723?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 90723 that range is $2,493 to $3,047 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 90723?
The FY2026 income limits of the Los Angeles-Long Beach-Glendale, CA area apply: median family income $108,100, low-income (80%) limit $133,250 for a family of four.