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

Homosassa Springs, FL MSA, FL

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 Homosassa Springs, FL MSA, you can consider the following rental prices based on HUD income limits.

Efficiency:The efficiency rental rates range from a low of $763 to a high of $933, with an average of $848.
One-bedroom: One-bedroom rental prices vary, with a minimum of $768, a maximum of $938, and an average of $853.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $1,004, peaking at a maximum of $1,228, and averaging at $1,116.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $1,399, a maximum of $1,709, and an average of $1,554.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $1,705 to a maximum of $2,083, with an average of $1,894.

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 Homosassa Springs, FL 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 Homosassa Springs, FL MSA, FL Low Rent (90%) $763 $768 $1,004 $1,399 $1,705
Average Rent $848 $853 $1,116 $1,554 $1,894
High Rent(110%) $933 $938 $1,228 $1,709 $2,083
2023 Homosassa Springs, FL MSA, FL Low Rent (90%) $649 $662 $870 $1,204 $1,482
Average Rent $721 $735 $967 $1,338 $1,647
High Rent (110%) $793 $809 $1,064 $1,472 $1,812
2022 Homosassa Springs, FL MSA, FL Low Rent (90%) $626 $645 $849 $1,184 $1,453
Average Rent $695 $717 $943 $1,316 $1,614
High Rent(110%) $765 $789 $1,037 $1,448 $1,775
2021 Homosassa Springs, FL MSA, FL Low Rent (90%) $593 $611 $806 $1,151 $1,395
Average Rent $659 $679 $895 $1,279 $1,550
High Rent (110%) $725 $747 $985 $1,407 $1,705
2020 Homosassa Springs, FL MSA, FL Low Rent (90%) $580 $583 $769 $1,096 $1,349
Average Rent $644 $648 $854 $1,218 $1,499
High Rent(110%) $708 $713 $939 $1,340 $1,649
2019 Homosassa Springs, FL MSA, FL Low Rent (90%) $558 $576 $761 $1,072 $1,337
Average Rent $620 $640 $846 $1,191 $1,486
High Rent (110%) $682 $704 $931 $1,310 $1,635
2018 Homosassa Springs, FL MSA, FL Low Rent (90%) $536 $540 $718 $995 $1,258
Average Rent $596 $600 $798 $1,105 $1,398
High Rent(110%) $656 $660 $878 $1,216 $1,538
2017 Homosassa Springs, FL MSA, FL Low Rent (90%) $518 $522 $689 $932 $1,161
Average Rent $576 $580 $766 $1,035 $1,290
High Rent (110%) $634 $638 $843 $1,139 $1,419


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