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

Winter Springs, FL 32708'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 32708 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 $1,512 to a high of $1,848, with an average of $1,680.
One-bedroom: One-bedroom rental prices vary, with a minimum of $1,584, a maximum of $1,936, and an average of $1,760.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $1,800, peaking at a maximum of $2,200, and averaging at $2,000.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $2,286, a maximum of $2,794, and an average of $2,540.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $2,763 to a maximum of $3,377, with an average of $3,070.

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 Winter Springs, FL 32708 Low Rent (90%) $1,512 $1,584 $1,800 $2,286 $2,763
Average Rent $1,680 $1,760 $2,000 $2,540 $3,070
High Rent(110%) $1,848 $1,936 $2,200 $2,794 $3,377
2023 Winter Springs, FL 32708 Low Rent (90%) $1,287 $1,368 $1,557 $1,989 $2,412
Average Rent $1,430 $1,520 $1,730 $2,210 $2,680
High Rent (110%) $1,573 $1,672 $1,903 $2,431 $2,948
2022 Winter Springs, FL 32708 Low Rent (90%) $1,098 $1,179 $1,359 $1,746 $2,115
Average Rent $1,220 $1,310 $1,510 $1,940 $2,350
High Rent(110%) $1,342 $1,441 $1,661 $2,134 $2,585
2021 Winter Springs, FL 32708 Low Rent (90%) $1,008 $1,089 $1,260 $1,638 $1,962
Average Rent $1,120 $1,210 $1,400 $1,820 $2,180
High Rent (110%) $1,232 $1,331 $1,540 $2,002 $2,398
2020 Winter Springs, FL 32708 Low Rent (90%) $945 $1,017 $1,188 $1,557 $1,863
Average Rent $1,050 $1,130 $1,320 $1,730 $2,070
High Rent(110%) $1,155 $1,243 $1,452 $1,903 $2,277
2019 Winter Springs, FL 32708 Low Rent (90%) $891 $954 $1,134 $1,503 $1,791
Average Rent $990 $1,060 $1,260 $1,670 $1,990
High Rent (110%) $1,089 $1,166 $1,386 $1,837 $2,189


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