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

Orange Park, FL 32003'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 32003 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 $1,530 to a high of $1,870, with an average of $1,700.
One-bedroom: One-bedroom rental prices vary, with a minimum of $1,674, a maximum of $2,046, and an average of $1,860.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $1,980, peaking at a maximum of $2,420, and averaging at $2,200.
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 $3,186 to a maximum of $3,894, with an average of $3,540.

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 Orange Park, FL 32003 Low Rent (90%) $1,530 $1,674 $1,980 $2,502 $3,186
Average Rent $1,700 $1,860 $2,200 $2,780 $3,540
High Rent(110%) $1,870 $2,046 $2,420 $3,058 $3,894
2023 Orange Park, FL 32003 Low Rent (90%) $1,170 $1,350 $1,593 $2,052 $2,592
Average Rent $1,300 $1,500 $1,770 $2,280 $2,880
High Rent (110%) $1,430 $1,650 $1,947 $2,508 $3,168
2022 Orange Park, FL 32003 Low Rent (90%) $1,026 $1,233 $1,476 $1,917 $2,421
Average Rent $1,140 $1,370 $1,640 $2,130 $2,690
High Rent(110%) $1,254 $1,507 $1,804 $2,343 $2,959
2021 Orange Park, FL 32003 Low Rent (90%) $936 $1,152 $1,395 $1,827 $2,322
Average Rent $1,040 $1,280 $1,550 $2,030 $2,580
High Rent (110%) $1,144 $1,408 $1,705 $2,233 $2,838
2020 Orange Park, FL 32003 Low Rent (90%) $891 $1,116 $1,350 $1,773 $2,268
Average Rent $990 $1,240 $1,500 $1,970 $2,520
High Rent(110%) $1,089 $1,364 $1,650 $2,167 $2,772
2019 Orange Park, FL 32003 Low Rent (90%) $828 $1,044 $1,269 $1,674 $2,151
Average Rent $920 $1,160 $1,410 $1,860 $2,390
High Rent (110%) $1,012 $1,276 $1,551 $2,046 $2,629


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