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

El Monte, CA 91732'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 91732 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 $1,368 to a high of $1,672, with an average of $1,520.
One-bedroom: One-bedroom rental prices vary, with a minimum of $1,548, a maximum of $1,892, and an average of $1,720.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $1,962, peaking at a maximum of $2,398, and averaging at $2,180.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $2,520, a maximum of $3,080, and an average of $2,800.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $2,772 to a maximum of $3,388, with an average of $3,080.

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 El Monte, CA 91732 Low Rent (90%) $1,368 $1,548 $1,962 $2,520 $2,772
Average Rent $1,520 $1,720 $2,180 $2,800 $3,080
High Rent(110%) $1,672 $1,892 $2,398 $3,080 $3,388
2023 El Monte, CA 91732 Low Rent (90%) $1,206 $1,377 $1,746 $2,268 $2,493
Average Rent $1,340 $1,530 $1,940 $2,520 $2,770
High Rent (110%) $1,474 $1,683 $2,134 $2,772 $3,047
2022 El Monte, CA 91732 Low Rent (90%) $1,116 $1,305 $1,674 $2,223 $2,421
Average Rent $1,240 $1,450 $1,860 $2,470 $2,690
High Rent(110%) $1,364 $1,595 $2,046 $2,717 $2,959
2021 El Monte, CA 91732 Low Rent (90%) $1,089 $1,278 $1,638 $2,178 $2,376
Average Rent $1,210 $1,420 $1,820 $2,420 $2,640
High Rent (110%) $1,331 $1,562 $2,002 $2,662 $2,904
2020 El Monte, CA 91732 Low Rent (90%) $1,026 $1,215 $1,566 $2,097 $2,286
Average Rent $1,140 $1,350 $1,740 $2,330 $2,540
High Rent(110%) $1,254 $1,485 $1,914 $2,563 $2,794
2019 El Monte, CA 91732 Low Rent (90%) $927 $1,116 $1,440 $1,926 $2,124
Average Rent $1,030 $1,240 $1,600 $2,140 $2,360
High Rent (110%) $1,133 $1,364 $1,760 $2,354 $2,596


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