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

Maple Shade, NJ 08052'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 08052 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 $1,314 to a high of $1,606, with an average of $1,460.
One-bedroom: One-bedroom rental prices vary, with a minimum of $1,467, a maximum of $1,793, and an average of $1,630.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $1,755, peaking at a maximum of $2,145, and averaging at $1,950.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $2,124, a maximum of $2,596, and an average of $2,360.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $2,448 to a maximum of $2,992, with an average of $2,720.

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 Maple Shade, NJ 8052 Low Rent (90%) $1,314 $1,467 $1,755 $2,124 $2,448
Average Rent $1,460 $1,630 $1,950 $2,360 $2,720
High Rent(110%) $1,606 $1,793 $2,145 $2,596 $2,992
2023 Maple Shade, NJ 8052 Low Rent (90%) $1,116 $1,260 $1,521 $1,854 $2,151
Average Rent $1,240 $1,400 $1,690 $2,060 $2,390
High Rent (110%) $1,364 $1,540 $1,859 $2,266 $2,629
2022 Maple Shade, NJ 8052 Low Rent (90%) $999 $1,134 $1,377 $1,701 $1,953
Average Rent $1,110 $1,260 $1,530 $1,890 $2,170
High Rent(110%) $1,221 $1,386 $1,683 $2,079 $2,387
2021 Maple Shade, NJ 8052 Low Rent (90%) $954 $1,098 $1,332 $1,656 $1,899
Average Rent $1,060 $1,220 $1,480 $1,840 $2,110
High Rent (110%) $1,166 $1,342 $1,628 $2,024 $2,321
2020 Maple Shade, NJ 8052 Low Rent (90%) $891 $1,044 $1,269 $1,584 $1,818
Average Rent $990 $1,160 $1,410 $1,760 $2,020
High Rent(110%) $1,089 $1,276 $1,551 $1,936 $2,222
2019 Maple Shade, NJ 8052 Low Rent (90%) $855 $1,008 $1,224 $1,530 $1,746
Average Rent $950 $1,120 $1,360 $1,700 $1,940
High Rent (110%) $1,045 $1,232 $1,496 $1,870 $2,134


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