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

Holbrook, NY 11741'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 11741 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 $1,611 to a high of $1,969, with an average of $1,790.
One-bedroom: One-bedroom rental prices vary, with a minimum of $2,025, a maximum of $2,475, and an average of $2,250.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $2,367, peaking at a maximum of $2,893, and averaging at $2,630.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $3,060, a maximum of $3,740, and an average of $3,400.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $3,321 to a maximum of $4,059, with an average of $3,690.

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 Holbrook, NY 11741 Low Rent (90%) $1,611 $2,025 $2,367 $3,060 $3,321
Average Rent $1,790 $2,250 $2,630 $3,400 $3,690
High Rent(110%) $1,969 $2,475 $2,893 $3,740 $4,059
2023 Holbrook, NY 11741 Low Rent (90%) $1,458 $1,818 $2,178 $2,799 $3,078
Average Rent $1,620 $2,020 $2,420 $3,110 $3,420
High Rent (110%) $1,782 $2,222 $2,662 $3,421 $3,762
2022 Holbrook, NY 11741 Low Rent (90%) $1,332 $1,647 $2,007 $2,565 $2,826
Average Rent $1,480 $1,830 $2,230 $2,850 $3,140
High Rent(110%) $1,628 $2,013 $2,453 $3,135 $3,454
2021 Holbrook, NY 11741 Low Rent (90%) $1,323 $1,638 $2,007 $2,574 $2,853
Average Rent $1,470 $1,820 $2,230 $2,860 $3,170
High Rent (110%) $1,617 $2,002 $2,453 $3,146 $3,487
2020 Holbrook, NY 11741 Low Rent (90%) $1,287 $1,611 $1,980 $2,547 $2,844
Average Rent $1,430 $1,790 $2,200 $2,830 $3,160
High Rent(110%) $1,573 $1,969 $2,420 $3,113 $3,476
2019 Holbrook, NY 11741 Low Rent (90%) $1,242 $1,548 $1,908 $2,457 $2,754
Average Rent $1,380 $1,720 $2,120 $2,730 $3,060
High Rent (110%) $1,518 $1,892 $2,332 $3,003 $3,366


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