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

Prince George, VA 23875'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 23875 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 $1,188 to a high of $1,452, with an average of $1,320.
One-bedroom: One-bedroom rental prices vary, with a minimum of $1,215, a maximum of $1,485, and an average of $1,350.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $1,368, peaking at a maximum of $1,672, and averaging at $1,520.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $1,746, a maximum of $2,134, and an average of $1,940.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $2,133 to a maximum of $2,607, with an average of $2,370.

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 Prince George, VA 23875 Low Rent (90%) $1,188 $1,215 $1,368 $1,746 $2,133
Average Rent $1,320 $1,350 $1,520 $1,940 $2,370
High Rent(110%) $1,452 $1,485 $1,672 $2,134 $2,607
2023 Prince George, VA 23875 Low Rent (90%) $1,071 $1,089 $1,233 $1,593 $1,935
Average Rent $1,190 $1,210 $1,370 $1,770 $2,150
High Rent (110%) $1,309 $1,331 $1,507 $1,947 $2,365
2022 Prince George, VA 23875 Low Rent (90%) $963 $981 $1,116 $1,458 $1,746
Average Rent $1,070 $1,090 $1,240 $1,620 $1,940
High Rent(110%) $1,177 $1,199 $1,364 $1,782 $2,134
2021 Prince George, VA 23875 Low Rent (90%) $954 $981 $1,116 $1,476 $1,764
Average Rent $1,060 $1,090 $1,240 $1,640 $1,960
High Rent (110%) $1,166 $1,199 $1,364 $1,804 $2,156
2020 Prince George, VA 23875 Low Rent (90%) $873 $900 $1,026 $1,368 $1,629
Average Rent $970 $1,000 $1,140 $1,520 $1,810
High Rent(110%) $1,067 $1,100 $1,254 $1,672 $1,991
2019 Prince George, VA 23875 Low Rent (90%) $864 $900 $1,035 $1,377 $1,665
Average Rent $960 $1,000 $1,150 $1,530 $1,850
High Rent (110%) $1,056 $1,100 $1,265 $1,683 $2,035


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