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

Port Aransas, TX 78373'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 78373 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 $1,206 to a high of $1,474, with an average of $1,340.
One-bedroom: One-bedroom rental prices vary, with a minimum of $1,287, a maximum of $1,573, and an average of $1,430.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $1,584, peaking at a maximum of $1,936, and averaging at $1,760.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $2,061, a maximum of $2,519, and an average of $2,290.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $2,412 to a maximum of $2,948, with an average of $2,680.

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 Port Aransas, TX 78373 Low Rent (90%) $1,206 $1,287 $1,584 $2,061 $2,412
Average Rent $1,340 $1,430 $1,760 $2,290 $2,680
High Rent(110%) $1,474 $1,573 $1,936 $2,519 $2,948
2023 Port Aransas, TX 78373 Low Rent (90%) $1,008 $1,098 $1,341 $1,755 $2,052
Average Rent $1,120 $1,220 $1,490 $1,950 $2,280
High Rent (110%) $1,232 $1,342 $1,639 $2,145 $2,508
2022 Port Aransas, TX 78373 Low Rent (90%) $801 $882 $1,089 $1,440 $1,674
Average Rent $890 $980 $1,210 $1,600 $1,860
High Rent(110%) $979 $1,078 $1,331 $1,760 $2,046
2021 Port Aransas, TX 78373 Low Rent (90%) $828 $900 $1,125 $1,485 $1,773
Average Rent $920 $1,000 $1,250 $1,650 $1,970
High Rent (110%) $1,012 $1,100 $1,375 $1,815 $2,167
2020 Port Aransas, TX 78373 Low Rent (90%) $918 $972 $1,233 $1,647 $1,917
Average Rent $1,020 $1,080 $1,370 $1,830 $2,130
High Rent(110%) $1,122 $1,188 $1,507 $2,013 $2,343
2019 Port Aransas, TX 78373 Low Rent (90%) $1,017 $1,080 $1,368 $1,827 $2,124
Average Rent $1,130 $1,200 $1,520 $2,030 $2,360
High Rent (110%) $1,243 $1,320 $1,672 $2,233 $2,596


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