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

Linwood, NJ 08221'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 08221 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 $1,575 to a high of $1,925, with an average of $1,750.
One-bedroom: One-bedroom rental prices vary, with a minimum of $1,809, a maximum of $2,211, and an average of $2,010.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $2,250, peaking at a maximum of $2,750, and averaging at $2,500.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $3,168, a maximum of $3,872, and an average of $3,520.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $3,483 to a maximum of $4,257, with an average of $3,870.

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 Linwood, NJ 8221 Low Rent (90%) $1,575 $1,809 $2,250 $3,168 $3,483
Average Rent $1,750 $2,010 $2,500 $3,520 $3,870
High Rent(110%) $1,925 $2,211 $2,750 $3,872 $4,257
2023 Linwood, NJ 8221 Low Rent (90%) $1,458 $1,692 $2,133 $3,015 $3,294
Average Rent $1,620 $1,880 $2,370 $3,350 $3,660
High Rent (110%) $1,782 $2,068 $2,607 $3,685 $4,026
2022 Linwood, NJ 8221 Low Rent (90%) $1,278 $1,494 $1,899 $2,664 $2,943
Average Rent $1,420 $1,660 $2,110 $2,960 $3,270
High Rent(110%) $1,562 $1,826 $2,321 $3,256 $3,597
2021 Linwood, NJ 8221 Low Rent (90%) $1,260 $1,485 $1,881 $2,574 $2,871
Average Rent $1,400 $1,650 $2,090 $2,860 $3,190
High Rent (110%) $1,540 $1,815 $2,299 $3,146 $3,509
2020 Linwood, NJ 8221 Low Rent (90%) $1,152 $1,359 $1,728 $2,313 $2,619
Average Rent $1,280 $1,510 $1,920 $2,570 $2,910
High Rent(110%) $1,408 $1,661 $2,112 $2,827 $3,201
2019 Linwood, NJ 8221 Low Rent (90%) $1,107 $1,287 $1,647 $2,169 $2,466
Average Rent $1,230 $1,430 $1,830 $2,410 $2,740
High Rent (110%) $1,353 $1,573 $2,013 $2,651 $3,014


Discover Section 8 FMR by zip code