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

Placentia, CA 92870'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 92870 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 $1,836 to a high of $2,244, with an average of $2,040.
One-bedroom: One-bedroom rental prices vary, with a minimum of $1,953, a maximum of $2,387, and an average of $2,170.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $2,322, peaking at a maximum of $2,838, and averaging at $2,580.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $3,141, a maximum of $3,839, and an average of $3,490.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $3,726 to a maximum of $4,554, with an average of $4,140.

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 Placentia, CA 92870 Low Rent (90%) $1,836 $1,953 $2,322 $3,141 $3,726
Average Rent $2,040 $2,170 $2,580 $3,490 $4,140
High Rent(110%) $2,244 $2,387 $2,838 $3,839 $4,554
2023 Placentia, CA 92870 Low Rent (90%) $1,665 $1,809 $2,178 $2,961 $3,456
Average Rent $1,850 $2,010 $2,420 $3,290 $3,840
High Rent (110%) $2,035 $2,211 $2,662 $3,619 $4,224
2022 Placentia, CA 92870 Low Rent (90%) $1,485 $1,656 $2,016 $2,754 $3,186
Average Rent $1,650 $1,840 $2,240 $3,060 $3,540
High Rent(110%) $1,815 $2,024 $2,464 $3,366 $3,894
2021 Placentia, CA 92870 Low Rent (90%) $1,449 $1,629 $2,007 $2,781 $3,204
Average Rent $1,610 $1,810 $2,230 $3,090 $3,560
High Rent (110%) $1,771 $1,991 $2,453 $3,399 $3,916
2020 Placentia, CA 92870 Low Rent (90%) $1,368 $1,566 $1,944 $2,718 $3,141
Average Rent $1,520 $1,740 $2,160 $3,020 $3,490
High Rent(110%) $1,672 $1,914 $2,376 $3,322 $3,839
2019 Placentia, CA 92870 Low Rent (90%) $1,278 $1,476 $1,845 $2,592 $2,988
Average Rent $1,420 $1,640 $2,050 $2,880 $3,320
High Rent (110%) $1,562 $1,804 $2,255 $3,168 $3,652


Discover Section 8 FMR by zip code