The PHA sets a payment standard ranging from 90% to 110% of the Fair Market Rents (FMRs).

Gem County, ID HUD Metro FMR Area, ID

In the year 2024, as a landlord, if you're looking to rent your property to a Section 8 tenant or another housing voucher program in Gem County, ID HUD Metro FMR Area, you can consider the following rental prices based on HUD income limits.

Efficiency:The efficiency rental rates range from a low of $688 to a high of $840, with an average of $764.
One-bedroom: One-bedroom rental prices vary, with a minimum of $733, a maximum of $895, and an average of $814.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $963, peaking at a maximum of $1,177, and averaging at $1,070.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $1,263, a maximum of $1,543, and an average of $1,403.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $1,533 to a maximum of $1,873, with an average of $1,703.

The fair market rent mentioned already includes all utilities. If a landlord chooses not to provide utility coverage, they can subtract the utility costs from the rent to determine the adjusted rental price.

Each housing authority establishes its own rental rates, so you should check the pricing set by that specific housing authority to determine the maximum amount they can offer. It's advisable to adhere to their pricing guidelines.

To apply for Section 8 housing, you can check your income against the Gem County, ID HUD Metro FMR Area Housing Choice voucher income limit to determine your eligibility.

HUD's Fair Market Rent guides Section 8 rates for your rental unit.

Year Area HUD Fair Market Rent Bedrooms
Studio 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom
2024 Gem County, ID HUD Metro FMR Area, ID Low Rent (90%) $688 $733 $963 $1,263 $1,533
Average Rent $764 $814 $1,070 $1,403 $1,703
High Rent(110%) $840 $895 $1,177 $1,543 $1,873
2023 Gem County, ID HUD Metro FMR Area, ID Low Rent (90%) $693 $740 $974 $1,302 $1,472
Average Rent $770 $822 $1,082 $1,447 $1,635
High Rent (110%) $847 $904 $1,190 $1,592 $1,799
2022 Gem County, ID HUD Metro FMR Area, ID Low Rent (90%) $614 $701 $874 $1,156 $1,288
Average Rent $682 $779 $971 $1,284 $1,431
High Rent(110%) $750 $857 $1,068 $1,412 $1,574
2021 Gem County, ID HUD Metro FMR Area, ID Low Rent (90%) $553 $646 $809 $1,064 $1,170
Average Rent $614 $718 $899 $1,182 $1,300
High Rent (110%) $675 $790 $989 $1,300 $1,430
2020 Gem County, ID HUD Metro FMR Area, ID Low Rent (90%) $500 $583 $769 $1,001 $1,096
Average Rent $556 $648 $854 $1,112 $1,218
High Rent(110%) $612 $713 $939 $1,223 $1,340
2019 Gem County, ID HUD Metro FMR Area, ID Low Rent (90%) $465 $547 $724 $965 $996
Average Rent $517 $608 $804 $1,072 $1,107
High Rent (110%) $569 $669 $884 $1,179 $1,218
2018 Gem County, ID HUD Metro FMR Area, ID Low Rent (90%) $454 $535 $711 $974 $986
Average Rent $504 $594 $790 $1,082 $1,095
High Rent(110%) $554 $653 $869 $1,190 $1,205
2017 Gem County, ID HUD Metro FMR Area, ID Low Rent (90%) $418 $495 $658 $933 $950
Average Rent $464 $550 $731 $1,037 $1,056
High Rent (110%) $510 $605 $804 $1,141 $1,162


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