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

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

Efficiency:The efficiency rental rates range from a low of $980 to a high of $1,198, with an average of $1,089.
One-bedroom: One-bedroom rental prices vary, with a minimum of $1,009, a maximum of $1,233, and an average of $1,121.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $1,242, peaking at a maximum of $1,518, and averaging at $1,380.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $1,751, a maximum of $2,140, and an average of $1,945.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $2,075 to a maximum of $2,537, with an average of $2,306.

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 Punta Gorda, 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 Punta Gorda, FL MSA, FL Low Rent (90%) $980 $1,009 $1,242 $1,751 $2,075
Average Rent $1,089 $1,121 $1,380 $1,945 $2,306
High Rent(110%) $1,198 $1,233 $1,518 $2,140 $2,537
2023 Punta Gorda, FL MSA, FL Low Rent (90%) $837 $923 $1,143 $1,625 $1,947
Average Rent $930 $1,025 $1,270 $1,805 $2,163
High Rent (110%) $1,023 $1,128 $1,397 $1,986 $2,379
2022 Punta Gorda, FL MSA, FL Low Rent (90%) $749 $835 $1,028 $1,460 $1,760
Average Rent $832 $928 $1,142 $1,622 $1,955
High Rent(110%) $915 $1,021 $1,256 $1,784 $2,151
2021 Punta Gorda, FL MSA, FL Low Rent (90%) $719 $779 $960 $1,355 $1,662
Average Rent $799 $866 $1,067 $1,506 $1,847
High Rent (110%) $879 $953 $1,174 $1,657 $2,032
2020 Punta Gorda, FL MSA, FL Low Rent (90%) $719 $736 $920 $1,292 $1,615
Average Rent $799 $818 $1,022 $1,436 $1,794
High Rent(110%) $879 $900 $1,124 $1,580 $1,973
2019 Punta Gorda, FL MSA, FL Low Rent (90%) $680 $684 $880 $1,245 $1,546
Average Rent $755 $760 $978 $1,383 $1,718
High Rent (110%) $831 $836 $1,076 $1,521 $1,890
2018 Punta Gorda, FL MSA, FL Low Rent (90%) $578 $604 $797 $1,125 $1,403
Average Rent $642 $671 $885 $1,250 $1,559
High Rent(110%) $706 $738 $974 $1,375 $1,715
2017 Punta Gorda, FL MSA, FL Low Rent (90%) $567 $595 $790 $1,104 $1,339
Average Rent $630 $661 $878 $1,227 $1,488
High Rent (110%) $693 $727 $966 $1,350 $1,637


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