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

Saint Cloud, FL 34770'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 34770 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 $1,395 to a high of $1,705, with an average of $1,550.
One-bedroom: One-bedroom rental prices vary, with a minimum of $1,467, a maximum of $1,793, and an average of $1,630.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $1,665, peaking at a maximum of $2,035, and averaging at $1,850.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $2,115, a maximum of $2,585, and an average of $2,350.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $2,556 to a maximum of $3,124, with an average of $2,840.

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 Cloud, FL 34770 Low Rent (90%) $1,395 $1,467 $1,665 $2,115 $2,556
Average Rent $1,550 $1,630 $1,850 $2,350 $2,840
High Rent(110%) $1,705 $1,793 $2,035 $2,585 $3,124
2023 Saint Cloud, FL 34770 Low Rent (90%) $1,215 $1,287 $1,467 $1,872 $2,277
Average Rent $1,350 $1,430 $1,630 $2,080 $2,530
High Rent (110%) $1,485 $1,573 $1,793 $2,288 $2,783
2022 Saint Cloud, FL 34770 Low Rent (90%) $1,053 $1,134 $1,305 $1,674 $2,034
Average Rent $1,170 $1,260 $1,450 $1,860 $2,260
High Rent(110%) $1,287 $1,386 $1,595 $2,046 $2,486
2021 Saint Cloud, FL 34770 Low Rent (90%) $963 $1,044 $1,206 $1,566 $1,881
Average Rent $1,070 $1,160 $1,340 $1,740 $2,090
High Rent (110%) $1,177 $1,276 $1,474 $1,914 $2,299
2020 Saint Cloud, FL 34770 Low Rent (90%) $909 $972 $1,143 $1,503 $1,791
Average Rent $1,010 $1,080 $1,270 $1,670 $1,990
High Rent(110%) $1,111 $1,188 $1,397 $1,837 $2,189
2019 Saint Cloud, FL 34770 Low Rent (90%) $846 $909 $1,080 $1,431 $1,701
Average Rent $940 $1,010 $1,200 $1,590 $1,890
High Rent (110%) $1,034 $1,111 $1,320 $1,749 $2,079


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