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

Stormville, NY 12582'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 12582 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 $1,728 to a high of $2,112, with an average of $1,920.
One-bedroom: One-bedroom rental prices vary, with a minimum of $1,764, a maximum of $2,156, and an average of $1,960.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $1,989, peaking at a maximum of $2,431, and averaging at $2,210.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $2,502, a maximum of $3,058, and an average of $2,780.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $2,691 to a maximum of $3,289, with an average of $2,990.

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 Stormville, NY 12582 Low Rent (90%) $1,728 $1,764 $1,989 $2,502 $2,691
Average Rent $1,920 $1,960 $2,210 $2,780 $2,990
High Rent(110%) $2,112 $2,156 $2,431 $3,058 $3,289
2024 Stormville, NY 12582 Low Rent (90%) $1,728 $1,764 $1,989 $2,502 $2,691
Average Rent $1,920 $1,960 $2,210 $2,780 $2,990
High Rent (110%) $2,112 $2,156 $2,431 $3,058 $3,289
2023 Stormville, NY 12582 Low Rent (90%) $1,638 $1,665 $1,899 $2,394 $2,574
Average Rent $1,820 $1,850 $2,110 $2,660 $2,860
High Rent(110%) $2,002 $2,035 $2,321 $2,926 $3,146
2022 Stormville, NY 12582 Low Rent (90%) $1,431 $1,467 $1,665 $2,106 $2,259
Average Rent $1,590 $1,630 $1,850 $2,340 $2,510
High Rent (110%) $1,749 $1,793 $2,035 $2,574 $2,761
2021 Stormville, NY 12582 Low Rent (90%) $1,350 $1,395 $1,584 $2,007 $2,142
Average Rent $1,500 $1,550 $1,760 $2,230 $2,380
High Rent(110%) $1,650 $1,705 $1,936 $2,453 $2,618
2020 Stormville, NY 12582 Low Rent (90%) $1,269 $1,296 $1,485 $1,890 $2,025
Average Rent $1,410 $1,440 $1,650 $2,100 $2,250
High Rent (110%) $1,551 $1,584 $1,815 $2,310 $2,475
2019 Stormville, NY 12582 Low Rent (90%) $1,233 $1,269 $1,458 $1,854 $2,124
Average Rent $1,370 $1,410 $1,620 $2,060 $2,360
High Rent(110%) $1,507 $1,551 $1,782 $2,266 $2,596


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