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

Washington, DC 20016'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 20016 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 $1,800 to a high of $2,200, with an average of $2,000.
One-bedroom: One-bedroom rental prices vary, with a minimum of $1,836, a maximum of $2,244, and an average of $2,040.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $2,079, peaking at a maximum of $2,541, and averaging at $2,310.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $2,583, a maximum of $3,157, and an average of $2,870.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $3,069 to a maximum of $3,751, with an average of $3,410.

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 Washington, DC 20016 Low Rent (90%) $1,800 $1,836 $2,079 $2,583 $3,069
Average Rent $2,000 $2,040 $2,310 $2,870 $3,410
High Rent(110%) $2,200 $2,244 $2,541 $3,157 $3,751
2023 Washington, DC 20016 Low Rent (90%) $1,629 $1,656 $1,881 $2,349 $2,808
Average Rent $1,810 $1,840 $2,090 $2,610 $3,120
High Rent (110%) $1,991 $2,024 $2,299 $2,871 $3,432
2022 Washington, DC 20016 Low Rent (90%) $1,737 $1,773 $2,016 $2,556 $3,060
Average Rent $1,930 $1,970 $2,240 $2,840 $3,400
High Rent(110%) $2,123 $2,167 $2,464 $3,124 $3,740
2021 Washington, DC 20016 Low Rent (90%) $1,746 $1,782 $2,034 $2,610 $3,159
Average Rent $1,940 $1,980 $2,260 $2,900 $3,510
High Rent (110%) $2,134 $2,178 $2,486 $3,190 $3,861
2020 Washington, DC 20016 Low Rent (90%) $1,755 $1,800 $2,052 $2,664 $3,258
Average Rent $1,950 $2,000 $2,280 $2,960 $3,620
High Rent(110%) $2,145 $2,200 $2,508 $3,256 $3,982
2019 Washington, DC 20016 Low Rent (90%) $1,764 $1,818 $2,079 $2,718 $3,339
Average Rent $1,960 $2,020 $2,310 $3,020 $3,710
High Rent (110%) $2,156 $2,222 $2,541 $3,322 $4,081


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