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

Norco, CA 92860'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 92860 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 $1,809 to a high of $2,211, with an average of $2,010.
One-bedroom: One-bedroom rental prices vary, with a minimum of $1,917, a maximum of $2,343, and an average of $2,130.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $2,394, peaking at a maximum of $2,926, and averaging at $2,660.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $3,222, a maximum of $3,938, and an average of $3,580.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $3,933 to a maximum of $4,807, with an average of $4,370.

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 Norco, CA 92860 Low Rent (90%) $1,809 $1,917 $2,394 $3,222 $3,933
Average Rent $2,010 $2,130 $2,660 $3,580 $4,370
High Rent(110%) $2,211 $2,343 $2,926 $3,938 $4,807
2023 Norco, CA 92860 Low Rent (90%) $1,656 $1,809 $2,268 $3,078 $3,789
Average Rent $1,840 $2,010 $2,520 $3,420 $4,210
High Rent (110%) $2,024 $2,211 $2,772 $3,762 $4,631
2022 Norco, CA 92860 Low Rent (90%) $1,431 $1,620 $2,034 $2,781 $3,429
Average Rent $1,590 $1,800 $2,260 $3,090 $3,810
High Rent(110%) $1,749 $1,980 $2,486 $3,399 $4,191
2021 Norco, CA 92860 Low Rent (90%) $1,296 $1,494 $1,881 $2,592 $3,204
Average Rent $1,440 $1,660 $2,090 $2,880 $3,560
High Rent (110%) $1,584 $1,826 $2,299 $3,168 $3,916
2020 Norco, CA 92860 Low Rent (90%) $1,179 $1,386 $1,737 $2,412 $2,988
Average Rent $1,310 $1,540 $1,930 $2,680 $3,320
High Rent(110%) $1,441 $1,694 $2,123 $2,948 $3,652
2019 Norco, CA 92860 Low Rent (90%) $1,116 $1,332 $1,665 $2,322 $2,880
Average Rent $1,240 $1,480 $1,850 $2,580 $3,200
High Rent (110%) $1,364 $1,628 $2,035 $2,838 $3,520


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