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

Redding, CT 6896'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 6896 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 $1,917 to a high of $2,343, with an average of $2,130.
One-bedroom: One-bedroom rental prices vary, with a minimum of $2,322, a maximum of $2,838, and an average of $2,580.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $2,826, peaking at a maximum of $3,454, and averaging at $3,140.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $3,609, a maximum of $4,411, and an average of $4,010.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $3,816 to a maximum of $4,664, with an average of $4,240.

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 Redding, CT 6896 Low Rent (90%) $1,917 $2,322 $2,826 $3,609 $3,816
Average Rent $2,130 $2,580 $3,140 $4,010 $4,240
High Rent(110%) $2,343 $2,838 $3,454 $4,411 $4,664
2024 Redding, CT 6896 Low Rent (90%) $1,917 $2,322 $2,826 $3,609 $3,816
Average Rent $2,130 $2,580 $3,140 $4,010 $4,240
High Rent (110%) $2,343 $2,838 $3,454 $4,411 $4,664
2024 Redding, CT 6896 Low Rent (90%) $1,917 $2,322 $2,826 $3,609 $3,816
Average Rent $2,130 $2,580 $3,140 $4,010 $4,240
High Rent(110%) $2,343 $2,838 $3,454 $4,411 $4,664
2023 Redding, CT 6896 Low Rent (90%) $1,719 $2,070 $2,574 $3,276 $3,501
Average Rent $1,910 $2,300 $2,860 $3,640 $3,890
High Rent (110%) $2,101 $2,530 $3,146 $4,004 $4,279
2022 Redding, CT 6896 Low Rent (90%) $1,539 $1,809 $2,322 $2,943 $3,186
Average Rent $1,710 $2,010 $2,580 $3,270 $3,540
High Rent(110%) $1,881 $2,211 $2,838 $3,597 $3,894
2021 Redding, CT 6896 Low Rent (90%) $1,368 $1,620 $2,070 $2,601 $3,069
Average Rent $1,520 $1,800 $2,300 $2,890 $3,410
High Rent (110%) $1,672 $1,980 $2,530 $3,179 $3,751
2020 Redding, CT 6896 Low Rent (90%) $1,278 $1,521 $1,962 $2,457 $3,006
Average Rent $1,420 $1,690 $2,180 $2,730 $3,340
High Rent(110%) $1,562 $1,859 $2,398 $3,003 $3,674
2019 Redding, CT 6896 Low Rent (90%) $1,251 $1,557 $1,953 $2,457 $3,060
Average Rent $1,390 $1,730 $2,170 $2,730 $3,400
High Rent (110%) $1,529 $1,903 $2,387 $3,003 $3,740


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