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

Frisco, TX 75034'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 75034 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 $1,665 to a high of $2,035, with an average of $1,850.
One-bedroom: One-bedroom rental prices vary, with a minimum of $1,755, a maximum of $2,145, and an average of $1,950.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $2,052, peaking at a maximum of $2,508, and averaging at $2,280.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $2,583, a maximum of $3,157, and an average of $2,870.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $3,321 to a maximum of $4,059, with an average of $3,690.

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 Frisco, TX 75034 Low Rent (90%) $1,665 $1,755 $2,052 $2,583 $3,321
Average Rent $1,850 $1,950 $2,280 $2,870 $3,690
High Rent(110%) $2,035 $2,145 $2,508 $3,157 $4,059
2023 Frisco, TX 75034 Low Rent (90%) $1,476 $1,557 $1,836 $2,313 $3,015
Average Rent $1,640 $1,730 $2,040 $2,570 $3,350
High Rent (110%) $1,804 $1,903 $2,244 $2,827 $3,685
2022 Frisco, TX 75034 Low Rent (90%) $1,260 $1,341 $1,593 $2,034 $2,664
Average Rent $1,400 $1,490 $1,770 $2,260 $2,960
High Rent(110%) $1,540 $1,639 $1,947 $2,486 $3,256
2021 Frisco, TX 75034 Low Rent (90%) $1,215 $1,332 $1,593 $2,061 $2,718
Average Rent $1,350 $1,480 $1,770 $2,290 $3,020
High Rent (110%) $1,485 $1,628 $1,947 $2,519 $3,322
2020 Frisco, TX 75034 Low Rent (90%) $1,143 $1,305 $1,566 $2,061 $2,691
Average Rent $1,270 $1,450 $1,740 $2,290 $2,990
High Rent(110%) $1,397 $1,595 $1,914 $2,519 $3,289
2019 Frisco, TX 75034 Low Rent (90%) $990 $1,170 $1,422 $1,890 $2,466
Average Rent $1,100 $1,300 $1,580 $2,100 $2,740
High Rent (110%) $1,210 $1,430 $1,738 $2,310 $3,014


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