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

Fort Lauderdale, FL 33305'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 33305 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 $1,368 to a high of $1,672, with an average of $1,520.
One-bedroom: One-bedroom rental prices vary, with a minimum of $1,467, a maximum of $1,793, and an average of $1,630.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $1,827, peaking at a maximum of $2,233, and averaging at $2,030.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $2,538, a maximum of $3,102, and an average of $2,820.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $3,096 to a maximum of $3,784, with an average of $3,440.

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 Fort Lauderdale, FL 33305 Low Rent (90%) $1,368 $1,467 $1,827 $2,538 $3,096
Average Rent $1,520 $1,630 $2,030 $2,820 $3,440
High Rent(110%) $1,672 $1,793 $2,233 $3,102 $3,784
2023 Fort Lauderdale, FL 33305 Low Rent (90%) $1,197 $1,296 $1,620 $2,268 $2,763
Average Rent $1,330 $1,440 $1,800 $2,520 $3,070
High Rent (110%) $1,463 $1,584 $1,980 $2,772 $3,377
2022 Fort Lauderdale, FL 33305 Low Rent (90%) $990 $1,089 $1,368 $1,944 $2,340
Average Rent $1,100 $1,210 $1,520 $2,160 $2,600
High Rent(110%) $1,210 $1,331 $1,672 $2,376 $2,860
2021 Fort Lauderdale, FL 33305 Low Rent (90%) $918 $1,035 $1,305 $1,872 $2,259
Average Rent $1,020 $1,150 $1,450 $2,080 $2,510
High Rent (110%) $1,122 $1,265 $1,595 $2,288 $2,761
2020 Fort Lauderdale, FL 33305 Low Rent (90%) $864 $1,008 $1,278 $1,845 $2,241
Average Rent $960 $1,120 $1,420 $2,050 $2,490
High Rent(110%) $1,056 $1,232 $1,562 $2,255 $2,739
2019 Fort Lauderdale, FL 33305 Low Rent (90%) $765 $909 $1,161 $1,683 $2,043
Average Rent $850 $1,010 $1,290 $1,870 $2,270
High Rent (110%) $935 $1,111 $1,419 $2,057 $2,497


Discover Section 8 FMR by zip code