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

Hanford-Corcoran, CA MSA, CA

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 Hanford-Corcoran, CA MSA, you can consider the following rental prices based on HUD income limits.

Efficiency:The efficiency rental rates range from a low of $972 to a high of $1,188, with an average of $1,080.
One-bedroom: One-bedroom rental prices vary, with a minimum of $978, a maximum of $1,196, and an average of $1,087.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $1,234, peaking at a maximum of $1,508, and averaging at $1,371.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $1,739, a maximum of $2,125, and an average of $1,932.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $2,079 to a maximum of $2,541, with an average of $2,310.

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 Hanford-Corcoran, CA MSA 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 Hanford-Corcoran, CA MSA, CA Low Rent (90%) $972 $978 $1,234 $1,739 $2,079
Average Rent $1,080 $1,087 $1,371 $1,932 $2,310
High Rent(110%) $1,188 $1,196 $1,508 $2,125 $2,541
2023 Hanford-Corcoran, CA MSA, CA Low Rent (90%) $927 $932 $1,158 $1,646 $1,882
Average Rent $1,030 $1,036 $1,287 $1,829 $2,091
High Rent (110%) $1,133 $1,140 $1,416 $2,012 $2,300
2022 Hanford-Corcoran, CA MSA, CA Low Rent (90%) $832 $837 $1,046 $1,486 $1,619
Average Rent $924 $930 $1,162 $1,651 $1,799
High Rent(110%) $1,016 $1,023 $1,278 $1,816 $1,979
2021 Hanford-Corcoran, CA MSA, CA Low Rent (90%) $805 $813 $998 $1,428 $1,537
Average Rent $894 $903 $1,109 $1,587 $1,708
High Rent (110%) $983 $993 $1,220 $1,746 $1,879
2020 Hanford-Corcoran, CA MSA, CA Low Rent (90%) $757 $775 $958 $1,382 $1,482
Average Rent $841 $861 $1,064 $1,535 $1,647
High Rent(110%) $925 $947 $1,170 $1,689 $1,812
2019 Hanford-Corcoran, CA MSA, CA Low Rent (90%) $700 $730 $888 $1,284 $1,403
Average Rent $778 $811 $987 $1,427 $1,559
High Rent (110%) $856 $892 $1,086 $1,570 $1,715
2018 Hanford-Corcoran, CA MSA, CA Low Rent (90%) $672 $677 $836 $1,198 $1,346
Average Rent $747 $752 $929 $1,331 $1,496
High Rent(110%) $822 $827 $1,022 $1,464 $1,646
2017 Hanford-Corcoran, CA MSA, CA Low Rent (90%) $557 $561 $723 $1,020 $1,166
Average Rent $619 $623 $803 $1,133 $1,296
High Rent (110%) $681 $685 $883 $1,246 $1,426


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