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

Nodaway County, MO, MO

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 Nodaway County, MO, you can consider the following rental prices based on HUD income limits.

Efficiency:The efficiency rental rates range from a low of $572 to a high of $700, with an average of $636.
One-bedroom: One-bedroom rental prices vary, with a minimum of $606, a maximum of $740, and an average of $673.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $760, peaking at a maximum of $928, and averaging at $844.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $959, a maximum of $1,173, and an average of $1,066.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $1,289 to a maximum of $1,575, with an average of $1,432.

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 Nodaway County, MO 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 Nodaway County, MO, MO Low Rent (90%) $572 $606 $760 $959 $1,289
Average Rent $636 $673 $844 $1,066 $1,432
High Rent(110%) $700 $740 $928 $1,173 $1,575
2023 Nodaway County, MO, MO Low Rent (90%) $546 $564 $718 $896 $1,198
Average Rent $607 $627 $798 $996 $1,331
High Rent (110%) $668 $690 $878 $1,096 $1,464
2022 Nodaway County, MO, MO Low Rent (90%) $505 $512 $668 $856 $998
Average Rent $561 $569 $742 $951 $1,109
High Rent(110%) $617 $626 $816 $1,046 $1,220
2021 Nodaway County, MO, MO Low Rent (90%) $431 $472 $621 $806 $962
Average Rent $479 $524 $690 $896 $1,069
High Rent (110%) $527 $576 $759 $986 $1,176
2020 Nodaway County, MO, MO Low Rent (90%) $391 $455 $599 $797 $930
Average Rent $434 $506 $666 $886 $1,033
High Rent(110%) $477 $557 $733 $975 $1,136
2019 Nodaway County, MO, MO Low Rent (90%) $402 $473 $626 $828 $986
Average Rent $447 $525 $695 $920 $1,095
High Rent (110%) $492 $578 $765 $1,012 $1,205
2018 Nodaway County, MO, MO Low Rent (90%) $393 $461 $613 $808 $964
Average Rent $437 $512 $681 $898 $1,071
High Rent(110%) $481 $563 $749 $988 $1,178
2017 Nodaway County, MO, MO Low Rent (90%) $405 $458 $608 $789 $924
Average Rent $450 $509 $676 $877 $1,027
High Rent (110%) $495 $560 $744 $965 $1,130


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