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

Boynton Beach, FL 33426'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 33426 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 $1,575 to a high of $1,925, with an average of $1,750.
One-bedroom: One-bedroom rental prices vary, with a minimum of $1,854, a maximum of $2,266, and an average of $2,060.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $2,232, peaking at a maximum of $2,728, and averaging at $2,480.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $2,952, a maximum of $3,608, and an average of $3,280.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $3,564 to a maximum of $4,356, with an average of $3,960.

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 Boynton Beach, FL 33426 Low Rent (90%) $1,575 $1,854 $2,232 $2,952 $3,564
Average Rent $1,750 $2,060 $2,480 $3,280 $3,960
High Rent(110%) $1,925 $2,266 $2,728 $3,608 $4,356
2023 Boynton Beach, FL 33426 Low Rent (90%) $1,314 $1,602 $1,962 $2,619 $3,204
Average Rent $1,460 $1,780 $2,180 $2,910 $3,560
High Rent (110%) $1,606 $1,958 $2,398 $3,201 $3,916
2022 Boynton Beach, FL 33426 Low Rent (90%) $1,134 $1,377 $1,710 $2,295 $2,790
Average Rent $1,260 $1,530 $1,900 $2,550 $3,100
High Rent(110%) $1,386 $1,683 $2,090 $2,805 $3,410
2021 Boynton Beach, FL 33426 Low Rent (90%) $1,089 $1,305 $1,620 $2,187 $2,637
Average Rent $1,210 $1,450 $1,800 $2,430 $2,930
High Rent (110%) $1,331 $1,595 $1,980 $2,673 $3,223
2020 Boynton Beach, FL 33426 Low Rent (90%) $1,134 $1,350 $1,683 $2,286 $2,709
Average Rent $1,260 $1,500 $1,870 $2,540 $3,010
High Rent(110%) $1,386 $1,650 $2,057 $2,794 $3,311
2019 Boynton Beach, FL 33426 Low Rent (90%) $1,062 $1,278 $1,602 $2,178 $2,556
Average Rent $1,180 $1,420 $1,780 $2,420 $2,840
High Rent (110%) $1,298 $1,562 $1,958 $2,662 $3,124


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