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

Cos Cob, CT 06807's Section 8 Fair Market Rent

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 the 06807 zip code area, you can consider the following rental prices based on HUD income limits.

Efficiency:The efficiency rental rates range from a low of $1,665 to a high of $2,035, with an average of $1,850.
One-bedroom: One-bedroom rental prices vary, with a minimum of $2,034, a maximum of $2,486, and an average of $2,260.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $2,457, peaking at a maximum of $3,003, and averaging at $2,730.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $2,997, a maximum of $3,663, and an average of $3,330.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $3,276 to a maximum of $4,004, with an average of $3,640.

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.

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

Year City, State, Zipcode HUD Fair Market Rent Bedrooms
Studio 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom
2024 Cos Cob, CT 6807 Low Rent (90%) $1,665 $2,034 $2,457 $2,997 $3,276
Average Rent $1,850 $2,260 $2,730 $3,330 $3,640
High Rent(110%) $2,035 $2,486 $3,003 $3,663 $4,004
2023 Cos Cob, CT 6807 Low Rent (90%) $1,611 $1,980 $2,385 $2,943 $3,204
Average Rent $1,790 $2,200 $2,650 $3,270 $3,560
High Rent (110%) $1,969 $2,420 $2,915 $3,597 $3,916
2022 Cos Cob, CT 6807 Low Rent (90%) $1,431 $1,755 $2,106 $2,601 $2,889
Average Rent $1,590 $1,950 $2,340 $2,890 $3,210
High Rent(110%) $1,749 $2,145 $2,574 $3,179 $3,531
2021 Cos Cob, CT 6807 Low Rent (90%) $1,251 $1,557 $1,971 $2,511 $2,997
Average Rent $1,390 $1,730 $2,190 $2,790 $3,330
High Rent (110%) $1,529 $1,903 $2,409 $3,069 $3,663
2020 Cos Cob, CT 6807 Low Rent (90%) $1,386 $1,728 $2,187 $2,790 $3,321
Average Rent $1,540 $1,920 $2,430 $3,100 $3,690
High Rent(110%) $1,694 $2,112 $2,673 $3,410 $4,059
2019 Cos Cob, CT 6807 Low Rent (90%) $1,539 $1,917 $2,421 $3,096 $3,681
Average Rent $1,710 $2,130 $2,690 $3,440 $4,090
High Rent (110%) $1,881 $2,343 $2,959 $3,784 $4,499


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