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

Indio, CA 92203'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 92203 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 $1,575 to a high of $1,925, with an average of $1,750.
One-bedroom: One-bedroom rental prices vary, with a minimum of $1,674, a maximum of $2,046, and an average of $1,860.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $2,088, peaking at a maximum of $2,552, and averaging at $2,320.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $2,817, a maximum of $3,443, and an average of $3,130.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $3,429 to a maximum of $4,191, with an average of $3,810.

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 Indio, CA 92203 Low Rent (90%) $1,575 $1,674 $2,088 $2,817 $3,429
Average Rent $1,750 $1,860 $2,320 $3,130 $3,810
High Rent(110%) $1,925 $2,046 $2,552 $3,443 $4,191
2023 Indio, CA 92203 Low Rent (90%) $1,359 $1,476 $1,854 $2,520 $3,096
Average Rent $1,510 $1,640 $2,060 $2,800 $3,440
High Rent (110%) $1,661 $1,804 $2,266 $3,080 $3,784
2022 Indio, CA 92203 Low Rent (90%) $1,116 $1,260 $1,584 $2,169 $2,664
Average Rent $1,240 $1,400 $1,760 $2,410 $2,960
High Rent(110%) $1,364 $1,540 $1,936 $2,651 $3,256
2021 Indio, CA 92203 Low Rent (90%) $990 $1,143 $1,440 $1,989 $2,457
Average Rent $1,100 $1,270 $1,600 $2,210 $2,730
High Rent (110%) $1,210 $1,397 $1,760 $2,431 $3,003
2020 Indio, CA 92203 Low Rent (90%) $900 $1,062 $1,332 $1,845 $2,286
Average Rent $1,000 $1,180 $1,480 $2,050 $2,540
High Rent(110%) $1,100 $1,298 $1,628 $2,255 $2,794
2019 Indio, CA 92203 Low Rent (90%) $855 $1,017 $1,269 $1,773 $2,196
Average Rent $950 $1,130 $1,410 $1,970 $2,440
High Rent (110%) $1,045 $1,243 $1,551 $2,167 $2,684


Discover Section 8 FMR by zip code