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

Lakewood, CA 90713'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 90713 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 $2,133 to a high of $2,607, with an average of $2,370.
One-bedroom: One-bedroom rental prices vary, with a minimum of $2,403, a maximum of $2,937, and an average of $2,670.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $3,051, peaking at a maximum of $3,729, and averaging at $3,390.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $3,915, a maximum of $4,785, and an average of $4,350.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $4,320 to a maximum of $5,280, with an average of $4,800.

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 Lakewood, CA 90713 Low Rent (90%) $2,133 $2,403 $3,051 $3,915 $4,320
Average Rent $2,370 $2,670 $3,390 $4,350 $4,800
High Rent(110%) $2,607 $2,937 $3,729 $4,785 $5,280
2023 Lakewood, CA 90713 Low Rent (90%) $1,845 $2,106 $2,673 $3,474 $3,816
Average Rent $2,050 $2,340 $2,970 $3,860 $4,240
High Rent (110%) $2,255 $2,574 $3,267 $4,246 $4,664
2022 Lakewood, CA 90713 Low Rent (90%) $1,701 $1,971 $2,511 $3,312 $3,600
Average Rent $1,890 $2,190 $2,790 $3,680 $4,000
High Rent(110%) $2,079 $2,409 $3,069 $4,048 $4,400
2021 Lakewood, CA 90713 Low Rent (90%) $1,728 $2,025 $2,592 $3,447 $3,753
Average Rent $1,920 $2,250 $2,880 $3,830 $4,170
High Rent (110%) $2,112 $2,475 $3,168 $4,213 $4,587
2020 Lakewood, CA 90713 Low Rent (90%) $1,656 $1,971 $2,538 $3,393 $3,708
Average Rent $1,840 $2,190 $2,820 $3,770 $4,120
High Rent(110%) $2,024 $2,409 $3,102 $4,147 $4,532
2019 Lakewood, CA 90713 Low Rent (90%) $1,539 $1,836 $2,376 $3,186 $3,501
Average Rent $1,710 $2,040 $2,640 $3,540 $3,890
High Rent (110%) $1,881 $2,244 $2,904 $3,894 $4,279


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