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

Coxs Creek, KY 40013'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 40013 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 $828 to a high of $1,012, with an average of $920.
One-bedroom: One-bedroom rental prices vary, with a minimum of $918, a maximum of $1,122, and an average of $1,020.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $1,107, peaking at a maximum of $1,353, and averaging at $1,230.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $1,449, a maximum of $1,771, and an average of $1,610.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $1,665 to a maximum of $2,035, with an average of $1,850.

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 Coxs Creek, KY 40013 Low Rent (90%) $828 $918 $1,107 $1,449 $1,665
Average Rent $920 $1,020 $1,230 $1,610 $1,850
High Rent(110%) $1,012 $1,122 $1,353 $1,771 $2,035
2023 Coxs Creek, KY 40013 Low Rent (90%) $603 $684 $819 $1,089 $1,251
Average Rent $670 $760 $910 $1,210 $1,390
High Rent (110%) $737 $836 $1,001 $1,331 $1,529
2022 Coxs Creek, KY 40013 Low Rent (90%) $540 $630 $756 $1,008 $1,152
Average Rent $600 $700 $840 $1,120 $1,280
High Rent(110%) $660 $770 $924 $1,232 $1,408
2021 Coxs Creek, KY 40013 Low Rent (90%) $513 $603 $729 $972 $1,116
Average Rent $570 $670 $810 $1,080 $1,240
High Rent (110%) $627 $737 $891 $1,188 $1,364
2020 Coxs Creek, KY 40013 Low Rent (90%) $540 $630 $765 $1,026 $1,170
Average Rent $600 $700 $850 $1,140 $1,300
High Rent(110%) $660 $770 $935 $1,254 $1,430
2019 Coxs Creek, KY 40013 Low Rent (90%) $576 $657 $810 $1,098 $1,242
Average Rent $640 $730 $900 $1,220 $1,380
High Rent (110%) $704 $803 $990 $1,342 $1,518


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