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

Saint Petersburg, FL 33706'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 33706 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 $1,350 to a high of $1,650, with an average of $1,500.
One-bedroom: One-bedroom rental prices vary, with a minimum of $1,449, a maximum of $1,771, and an average of $1,610.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $1,719, peaking at a maximum of $2,101, and averaging at $1,910.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $2,196, a maximum of $2,684, and an average of $2,440.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $2,682 to a maximum of $3,278, with an average of $2,980.

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 Saint Petersburg, FL 33706 Low Rent (90%) $1,350 $1,449 $1,719 $2,196 $2,682
Average Rent $1,500 $1,610 $1,910 $2,440 $2,980
High Rent(110%) $1,650 $1,771 $2,101 $2,684 $3,278
2023 Saint Petersburg, FL 33706 Low Rent (90%) $1,206 $1,287 $1,548 $1,980 $2,430
Average Rent $1,340 $1,430 $1,720 $2,200 $2,700
High Rent (110%) $1,474 $1,573 $1,892 $2,420 $2,970
2022 Saint Petersburg, FL 33706 Low Rent (90%) $999 $1,062 $1,287 $1,656 $2,034
Average Rent $1,110 $1,180 $1,430 $1,840 $2,260
High Rent(110%) $1,221 $1,298 $1,573 $2,024 $2,486
2021 Saint Petersburg, FL 33706 Low Rent (90%) $972 $1,026 $1,251 $1,629 $1,998
Average Rent $1,080 $1,140 $1,390 $1,810 $2,220
High Rent (110%) $1,188 $1,254 $1,529 $1,991 $2,442
2020 Saint Petersburg, FL 33706 Low Rent (90%) $927 $972 $1,197 $1,566 $1,908
Average Rent $1,030 $1,080 $1,330 $1,740 $2,120
High Rent(110%) $1,133 $1,188 $1,463 $1,914 $2,332
2019 Saint Petersburg, FL 33706 Low Rent (90%) $891 $945 $1,170 $1,530 $1,854
Average Rent $990 $1,050 $1,300 $1,700 $2,060
High Rent (110%) $1,089 $1,155 $1,430 $1,870 $2,266


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