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

Fort Lauderdale, FL 33331'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 33331 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 $2,124 to a high of $2,596, with an average of $2,360.
One-bedroom: One-bedroom rental prices vary, with a minimum of $2,286, a maximum of $2,794, and an average of $2,540.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $2,835, peaking at a maximum of $3,465, and averaging at $3,150.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $3,933, a maximum of $4,807, and an average of $4,370.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $4,815 to a maximum of $5,885, with an average of $5,350.

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 33331 Low Rent (90%) $2,124 $2,286 $2,835 $3,933 $4,815
Average Rent $2,360 $2,540 $3,150 $4,370 $5,350
High Rent(110%) $2,596 $2,794 $3,465 $4,807 $5,885
2023 Fort Lauderdale, FL 33331 Low Rent (90%) $1,845 $1,998 $2,493 $3,483 $4,248
Average Rent $2,050 $2,220 $2,770 $3,870 $4,720
High Rent (110%) $2,255 $2,442 $3,047 $4,257 $5,192
2022 Fort Lauderdale, FL 33331 Low Rent (90%) $1,521 $1,674 $2,097 $2,970 $3,591
Average Rent $1,690 $1,860 $2,330 $3,300 $3,990
High Rent(110%) $1,859 $2,046 $2,563 $3,630 $4,389
2021 Fort Lauderdale, FL 33331 Low Rent (90%) $1,431 $1,620 $2,043 $2,925 $3,537
Average Rent $1,590 $1,800 $2,270 $3,250 $3,930
High Rent (110%) $1,749 $1,980 $2,497 $3,575 $4,323
2020 Fort Lauderdale, FL 33331 Low Rent (90%) $1,395 $1,629 $2,061 $2,970 $3,618
Average Rent $1,550 $1,810 $2,290 $3,300 $4,020
High Rent(110%) $1,705 $1,991 $2,519 $3,630 $4,422
2019 Fort Lauderdale, FL 33331 Low Rent (90%) $1,287 $1,539 $1,953 $2,826 $3,429
Average Rent $1,430 $1,710 $2,170 $3,140 $3,810
High Rent (110%) $1,573 $1,881 $2,387 $3,454 $4,191


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