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

Cabin John, MD 20818'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 20818 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 $2,331 to a high of $2,849, with an average of $2,590.
One-bedroom: One-bedroom rental prices vary, with a minimum of $2,376, a maximum of $2,904, and an average of $2,640.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $2,691, peaking at a maximum of $3,289, and averaging at $2,990.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $3,348, a maximum of $4,092, and an average of $3,720.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $3,969 to a maximum of $4,851, with an average of $4,410.

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 Cabin John, MD 20818 Low Rent (90%) $2,331 $2,376 $2,691 $3,348 $3,969
Average Rent $2,590 $2,640 $2,990 $3,720 $4,410
High Rent(110%) $2,849 $2,904 $3,289 $4,092 $4,851
2023 Cabin John, MD 20818 Low Rent (90%) $2,007 $2,043 $2,322 $2,907 $3,474
Average Rent $2,230 $2,270 $2,580 $3,230 $3,860
High Rent (110%) $2,453 $2,497 $2,838 $3,553 $4,246
2022 Cabin John, MD 20818 Low Rent (90%) $1,926 $1,953 $2,232 $2,826 $3,393
Average Rent $2,140 $2,170 $2,480 $3,140 $3,770
High Rent(110%) $2,354 $2,387 $2,728 $3,454 $4,147
2021 Cabin John, MD 20818 Low Rent (90%) $1,917 $1,962 $2,241 $2,871 $3,474
Average Rent $2,130 $2,180 $2,490 $3,190 $3,860
High Rent (110%) $2,343 $2,398 $2,739 $3,509 $4,246
2020 Cabin John, MD 20818 Low Rent (90%) $1,890 $1,944 $2,214 $2,871 $3,510
Average Rent $2,100 $2,160 $2,460 $3,190 $3,900
High Rent(110%) $2,310 $2,376 $2,706 $3,509 $4,290
2019 Cabin John, MD 20818 Low Rent (90%) $1,350 $1,395 $1,593 $2,079 $2,565
Average Rent $1,500 $1,550 $1,770 $2,310 $2,850
High Rent (110%) $1,650 $1,705 $1,947 $2,541 $3,135


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