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

Thousand Oaks, CA 91358'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 91358 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 $1,548 to a high of $1,892, with an average of $1,720.
One-bedroom: One-bedroom rental prices vary, with a minimum of $1,809, a maximum of $2,211, and an average of $2,010.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $2,169, peaking at a maximum of $2,651, and averaging at $2,410.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $2,970, a maximum of $3,630, and an average of $3,300.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $3,474 to a maximum of $4,246, with an average of $3,860.

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 Thousand Oaks, CA 91358 Low Rent (90%) $1,548 $1,809 $2,169 $2,970 $3,474
Average Rent $1,720 $2,010 $2,410 $3,300 $3,860
High Rent(110%) $1,892 $2,211 $2,651 $3,630 $4,246
2023 Thousand Oaks, CA 91358 Low Rent (90%) $1,539 $1,809 $2,187 $3,042 $3,573
Average Rent $1,710 $2,010 $2,430 $3,380 $3,970
High Rent (110%) $1,881 $2,211 $2,673 $3,718 $4,367
2022 Thousand Oaks, CA 91358 Low Rent (90%) $1,359 $1,611 $1,998 $2,790 $3,294
Average Rent $1,510 $1,790 $2,220 $3,100 $3,660
High Rent(110%) $1,661 $1,969 $2,442 $3,410 $4,026
2021 Thousand Oaks, CA 91358 Low Rent (90%) $1,143 $1,368 $1,728 $2,421 $2,862
Average Rent $1,270 $1,520 $1,920 $2,690 $3,180
High Rent (110%) $1,397 $1,672 $2,112 $2,959 $3,498
2020 Thousand Oaks, CA 91358 Low Rent (90%) $1,134 $1,350 $1,746 $2,439 $2,916
Average Rent $1,260 $1,500 $1,940 $2,710 $3,240
High Rent(110%) $1,386 $1,650 $2,134 $2,981 $3,564
2019 Thousand Oaks, CA 91358 Low Rent (90%) $1,044 $1,233 $1,620 $2,277 $2,727
Average Rent $1,160 $1,370 $1,800 $2,530 $3,030
High Rent (110%) $1,276 $1,507 $1,980 $2,783 $3,333


Discover Section 8 FMR by zip code