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

Storrs Mansfield, CT 6268'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 6268 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 $1,161 to a high of $1,419, with an average of $1,290.
One-bedroom: One-bedroom rental prices vary, with a minimum of $1,368, a maximum of $1,672, and an average of $1,520.
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 $2,079, a maximum of $2,541, and an average of $2,310.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $2,520 to a maximum of $3,080, with an average of $2,800.

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 Storrs Mansfield, CT 6268 Low Rent (90%) $1,161 $1,368 $1,719 $2,079 $2,520
Average Rent $1,290 $1,520 $1,910 $2,310 $2,800
High Rent(110%) $1,419 $1,672 $2,101 $2,541 $3,080
2023 Storrs Mansfield, CT 6268 Low Rent (90%) $1,044 $1,260 $1,566 $1,908 $2,322
Average Rent $1,160 $1,400 $1,740 $2,120 $2,580
High Rent (110%) $1,276 $1,540 $1,914 $2,332 $2,838
2022 Storrs Mansfield, CT 6268 Low Rent (90%) $873 $1,062 $1,314 $1,620 $1,926
Average Rent $970 $1,180 $1,460 $1,800 $2,140
High Rent(110%) $1,067 $1,298 $1,606 $1,980 $2,354
2021 Storrs Mansfield, CT 6268 Low Rent (90%) $864 $1,062 $1,314 $1,638 $1,908
Average Rent $960 $1,180 $1,460 $1,820 $2,120
High Rent (110%) $1,056 $1,298 $1,606 $2,002 $2,332
2020 Storrs Mansfield, CT 6268 Low Rent (90%) $774 $963 $1,188 $1,476 $1,701
Average Rent $860 $1,070 $1,320 $1,640 $1,890
High Rent(110%) $946 $1,177 $1,452 $1,804 $2,079
2019 Storrs Mansfield, CT 6268 Low Rent (90%) $729 $909 $1,134 $1,422 $1,593
Average Rent $810 $1,010 $1,260 $1,580 $1,770
High Rent (110%) $891 $1,111 $1,386 $1,738 $1,947


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