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

Phillipsburg, OH 45354'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 45354 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 $891 to a high of $1,089, with an average of $990.
One-bedroom: One-bedroom rental prices vary, with a minimum of $954, a maximum of $1,166, and an average of $1,060.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $1,224, peaking at a maximum of $1,496, and averaging at $1,360.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $1,593, a maximum of $1,947, and an average of $1,770.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $1,746 to a maximum of $2,134, with an average of $1,940.

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 Phillipsburg, OH 45354 Low Rent (90%) $891 $954 $1,224 $1,593 $1,746
Average Rent $990 $1,060 $1,360 $1,770 $1,940
High Rent(110%) $1,089 $1,166 $1,496 $1,947 $2,134
2023 Phillipsburg, OH 45354 Low Rent (90%) $720 $801 $1,026 $1,350 $1,467
Average Rent $800 $890 $1,140 $1,500 $1,630
High Rent (110%) $880 $979 $1,254 $1,650 $1,793
2022 Phillipsburg, OH 45354 Low Rent (90%) $540 $603 $774 $1,035 $1,107
Average Rent $600 $670 $860 $1,150 $1,230
High Rent(110%) $660 $737 $946 $1,265 $1,353
2021 Phillipsburg, OH 45354 Low Rent (90%) $477 $549 $711 $954 $1,035
Average Rent $530 $610 $790 $1,060 $1,150
High Rent (110%) $583 $671 $869 $1,166 $1,265
2020 Phillipsburg, OH 45354 Low Rent (90%) $432 $486 $639 $855 $972
Average Rent $480 $540 $710 $950 $1,080
High Rent(110%) $528 $594 $781 $1,045 $1,188
2019 Phillipsburg, OH 45354 Low Rent (90%) $450 $513 $675 $900 $1,017
Average Rent $500 $570 $750 $1,000 $1,130
High Rent (110%) $550 $627 $825 $1,100 $1,243


Discover Section 8 FMR by zip code