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

Port Charlotte, FL 33954'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 33954 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 $1,224 to a high of $1,496, with an average of $1,360.
One-bedroom: One-bedroom rental prices vary, with a minimum of $1,260, a maximum of $1,540, and an average of $1,400.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $1,548, peaking at a maximum of $1,892, and averaging at $1,720.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $2,178, a maximum of $2,662, and an average of $2,420.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $2,583 to a maximum of $3,157, with an average of $2,870.

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 Port Charlotte, FL 33954 Low Rent (90%) $1,224 $1,260 $1,548 $2,178 $2,583
Average Rent $1,360 $1,400 $1,720 $2,420 $2,870
High Rent(110%) $1,496 $1,540 $1,892 $2,662 $3,157
2023 Port Charlotte, FL 33954 Low Rent (90%) $1,071 $1,179 $1,458 $2,070 $2,484
Average Rent $1,190 $1,310 $1,620 $2,300 $2,760
High Rent (110%) $1,309 $1,441 $1,782 $2,530 $3,036
2022 Port Charlotte, FL 33954 Low Rent (90%) $954 $1,071 $1,314 $1,863 $2,250
Average Rent $1,060 $1,190 $1,460 $2,070 $2,500
High Rent(110%) $1,166 $1,309 $1,606 $2,277 $2,750
2021 Port Charlotte, FL 33954 Low Rent (90%) $927 $999 $1,233 $1,737 $2,133
Average Rent $1,030 $1,110 $1,370 $1,930 $2,370
High Rent (110%) $1,133 $1,221 $1,507 $2,123 $2,607
2020 Port Charlotte, FL 33954 Low Rent (90%) $891 $909 $1,134 $1,593 $1,989
Average Rent $990 $1,010 $1,260 $1,770 $2,210
High Rent(110%) $1,089 $1,111 $1,386 $1,947 $2,431
2019 Port Charlotte, FL 33954 Low Rent (90%) $810 $819 $1,053 $1,485 $1,854
Average Rent $900 $910 $1,170 $1,650 $2,060
High Rent (110%) $990 $1,001 $1,287 $1,815 $2,266


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