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

East Norwich, NY 11732'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 11732 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 $2,016 to a high of $2,464, with an average of $2,240.
One-bedroom: One-bedroom rental prices vary, with a minimum of $2,529, a maximum of $3,091, and an average of $2,810.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $2,961, peaking at a maximum of $3,619, and averaging at $3,290.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $3,834, a maximum of $4,686, and an average of $4,260.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $4,158 to a maximum of $5,082, with an average of $4,620.

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 East Norwich, NY 11732 Low Rent (90%) $2,016 $2,529 $2,961 $3,834 $4,158
Average Rent $2,240 $2,810 $3,290 $4,260 $4,620
High Rent(110%) $2,464 $3,091 $3,619 $4,686 $5,082
2023 East Norwich, NY 11732 Low Rent (90%) $1,791 $2,232 $2,682 $3,447 $3,789
Average Rent $1,990 $2,480 $2,980 $3,830 $4,210
High Rent (110%) $2,189 $2,728 $3,278 $4,213 $4,631
2022 East Norwich, NY 11732 Low Rent (90%) $1,575 $1,944 $2,367 $3,024 $3,339
Average Rent $1,750 $2,160 $2,630 $3,360 $3,710
High Rent(110%) $1,925 $2,376 $2,893 $3,696 $4,081
2021 East Norwich, NY 11732 Low Rent (90%) $1,566 $1,935 $2,376 $3,042 $3,384
Average Rent $1,740 $2,150 $2,640 $3,380 $3,760
High Rent (110%) $1,914 $2,365 $2,904 $3,718 $4,136
2020 East Norwich, NY 11732 Low Rent (90%) $1,548 $1,935 $2,376 $3,060 $3,411
Average Rent $1,720 $2,150 $2,640 $3,400 $3,790
High Rent(110%) $1,892 $2,365 $2,904 $3,740 $4,169
2019 East Norwich, NY 11732 Low Rent (90%) $1,503 $1,872 $2,304 $2,970 $3,330
Average Rent $1,670 $2,080 $2,560 $3,300 $3,700
High Rent (110%) $1,837 $2,288 $2,816 $3,630 $4,070


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