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

Forest Hills, NY 11375'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 11375 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 $2,637 to a high of $3,223, with an average of $2,930.
One-bedroom: One-bedroom rental prices vary, with a minimum of $2,709, a maximum of $3,311, and an average of $3,010.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $3,042, peaking at a maximum of $3,718, and averaging at $3,380.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $3,798, a maximum of $4,642, and an average of $4,220.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $4,086 to a maximum of $4,994, with an average of $4,540.

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 Forest Hills, NY 11375 Low Rent (90%) $2,637 $2,709 $3,042 $3,798 $4,086
Average Rent $2,930 $3,010 $3,380 $4,220 $4,540
High Rent(110%) $3,223 $3,311 $3,718 $4,642 $4,994
2023 Forest Hills, NY 11375 Low Rent (90%) $2,457 $2,511 $2,835 $3,564 $3,834
Average Rent $2,730 $2,790 $3,150 $3,960 $4,260
High Rent (110%) $3,003 $3,069 $3,465 $4,356 $4,686
2022 Forest Hills, NY 11375 Low Rent (90%) $2,295 $2,340 $2,664 $3,357 $3,609
Average Rent $2,550 $2,600 $2,960 $3,730 $4,010
High Rent(110%) $2,805 $2,860 $3,256 $4,103 $4,411
2021 Forest Hills, NY 11375 Low Rent (90%) $2,007 $2,052 $2,340 $2,961 $3,177
Average Rent $2,230 $2,280 $2,600 $3,290 $3,530
High Rent (110%) $2,453 $2,508 $2,860 $3,619 $3,883
2020 Forest Hills, NY 11375 Low Rent (90%) $1,899 $1,953 $2,223 $2,817 $3,015
Average Rent $2,110 $2,170 $2,470 $3,130 $3,350
High Rent(110%) $2,321 $2,387 $2,717 $3,443 $3,685
2019 Forest Hills, NY 11375 Low Rent (90%) $1,782 $1,836 $2,097 $2,664 $2,835
Average Rent $1,980 $2,040 $2,330 $2,960 $3,150
High Rent (110%) $2,178 $2,244 $2,563 $3,256 $3,465


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