What is the Fair Market Rent in Covina, CA?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $2,670 to $3,260 a month across the 3 ZIP codes that cover Covina.

By ZIP code: 91723 $2,670, 91722 $3,120, 91724 $3,260.

Across the whole Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area the two-bedroom figure is $2,964.

The Census Bureau’s median gross rent for a two-bedroom home in Covina is $2,009 (±$132), below the Small Area figure for ZIP 91723.

Figures last updated on .

2 bedrooms, whole area
$2,964
2 bedrooms, ZIP 91723
$2,670
2 bedrooms, ZIP 91722
$3,120
2 bedrooms, ZIP 91724
$3,260

Fair Market Rents for Covina, fiscal year 2027

HUD Fair Market Rent, dollars a month (gross rent, including utilities), beside the Census Bureau’s median gross rent for each ZIP code
Studio1 bedroom2 bedrooms3 bedrooms4 bedroomsCensus median rent
Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area (whole area)$2,151$2,402$2,964$3,760$4,208—
ZIP 91723 (97% of the ZIP’s land is in this place)$1,940$2,160$2,670$3,390$3,790$1,801
ZIP 91722 (57% of the ZIP’s land is in this place)$2,260$2,530$3,120$3,960$4,430$2,063
ZIP 91724 (39% of the ZIP’s land is in this place)$2,370$2,640$3,260$4,140$4,630$2,142

A Fair Market Rent is HUD’s estimate of the gross rent (shelter plus utilities) of a modest rental home in the area.

Whether a housing authority uses the ZIP code (Small Area) figures or the area-wide one depends on whether HUD has designated the area for Small Area FMRs or the authority has opted in; ask the local housing authority which applies.

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Questions about Covina

What is the Section 8 payment standard in Covina?

Housing authorities set payment standards between 90% and 110% of HUD’s Fair Market Rent; for fiscal year 2027, the two-bedroom Fair Market Rent for the Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area is $2,964, and the Small Area figure for 91723 is $2,670.

What is the Fair Market Rent for a two-bedroom in ZIP 91723?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 91723 is $2,670 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,801 (±$63).

What is the Fair Market Rent for a two-bedroom in ZIP 91722?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 91722 is $3,120 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $2,063 (±$126).

What is the Fair Market Rent for a two-bedroom in ZIP 91724?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 91724 is $3,260 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $2,142 (±$131).

What is the Fair Market Rent for a one-bedroom in Covina?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 91723 is $2,160 a month, against $2,402 across the Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area.

Sources

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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