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

Montauk, NY 11954'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 11954 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 $1,899 to a high of $2,321, with an average of $2,110.
One-bedroom: One-bedroom rental prices vary, with a minimum of $2,385, a maximum of $2,915, and an average of $2,650.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $2,790, peaking at a maximum of $3,410, and averaging at $3,100.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $3,609, a maximum of $4,411, and an average of $4,010.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $3,915 to a maximum of $4,785, with an average of $4,350.

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 Montauk, NY 11954 Low Rent (90%) $1,899 $2,385 $2,790 $3,609 $3,915
Average Rent $2,110 $2,650 $3,100 $4,010 $4,350
High Rent(110%) $2,321 $2,915 $3,410 $4,411 $4,785
2023 Montauk, NY 11954 Low Rent (90%) $1,818 $2,268 $2,718 $3,492 $3,843
Average Rent $2,020 $2,520 $3,020 $3,880 $4,270
High Rent (110%) $2,222 $2,772 $3,322 $4,268 $4,697
2022 Montauk, NY 11954 Low Rent (90%) $1,620 $1,998 $2,439 $3,123 $3,438
Average Rent $1,800 $2,220 $2,710 $3,470 $3,820
High Rent(110%) $1,980 $2,442 $2,981 $3,817 $4,202
2021 Montauk, NY 11954 Low Rent (90%) $1,422 $1,764 $2,160 $2,763 $3,078
Average Rent $1,580 $1,960 $2,400 $3,070 $3,420
High Rent (110%) $1,738 $2,156 $2,640 $3,377 $3,762
2020 Montauk, NY 11954 Low Rent (90%) $1,161 $1,449 $1,782 $2,295 $2,556
Average Rent $1,290 $1,610 $1,980 $2,550 $2,840
High Rent(110%) $1,419 $1,771 $2,178 $2,805 $3,124
2019 Montauk, NY 11954 Low Rent (90%) $990 $1,242 $1,530 $1,971 $2,214
Average Rent $1,100 $1,380 $1,700 $2,190 $2,460
High Rent (110%) $1,210 $1,518 $1,870 $2,409 $2,706


Discover Section 8 FMR by zip code