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

Boynton Beach, FL 33472'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 33472 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 $2,070 to a high of $2,530, with an average of $2,300.
One-bedroom: One-bedroom rental prices vary, with a minimum of $2,430, a maximum of $2,970, and an average of $2,700.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $2,925, peaking at a maximum of $3,575, and averaging at $3,250.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $3,870, a maximum of $4,730, and an average of $4,300.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $4,671 to a maximum of $5,709, with an average of $5,190.

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 33472 Low Rent (90%) $2,070 $2,430 $2,925 $3,870 $4,671
Average Rent $2,300 $2,700 $3,250 $4,300 $5,190
High Rent(110%) $2,530 $2,970 $3,575 $4,730 $5,709
2023 Boynton Beach, FL 33472 Low Rent (90%) $1,701 $2,079 $2,538 $3,393 $4,149
Average Rent $1,890 $2,310 $2,820 $3,770 $4,610
High Rent (110%) $2,079 $2,541 $3,102 $4,147 $5,071
2022 Boynton Beach, FL 33472 Low Rent (90%) $1,422 $1,719 $2,133 $2,862 $3,483
Average Rent $1,580 $1,910 $2,370 $3,180 $3,870
High Rent(110%) $1,738 $2,101 $2,607 $3,498 $4,257
2021 Boynton Beach, FL 33472 Low Rent (90%) $1,323 $1,593 $1,980 $2,673 $3,222
Average Rent $1,470 $1,770 $2,200 $2,970 $3,580
High Rent (110%) $1,617 $1,947 $2,420 $3,267 $3,938
2020 Boynton Beach, FL 33472 Low Rent (90%) $1,341 $1,593 $1,989 $2,700 $3,195
Average Rent $1,490 $1,770 $2,210 $3,000 $3,550
High Rent(110%) $1,639 $1,947 $2,431 $3,300 $3,905
2019 Boynton Beach, FL 33472 Low Rent (90%) $1,152 $1,386 $1,737 $2,367 $2,772
Average Rent $1,280 $1,540 $1,930 $2,630 $3,080
High Rent (110%) $1,408 $1,694 $2,123 $2,893 $3,388


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