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

Los Olivos, CA 93441'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 93441 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 $2,502 to a high of $3,058, with an average of $2,780.
One-bedroom: One-bedroom rental prices vary, with a minimum of $2,844, a maximum of $3,476, and an average of $3,160.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $3,213, peaking at a maximum of $3,927, and averaging at $3,570.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $4,284, a maximum of $5,236, and an average of $4,760.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $4,860 to a maximum of $5,940, with an average of $5,400.

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 Los Olivos, CA 93441 Low Rent (90%) $2,502 $2,844 $3,213 $4,284 $4,860
Average Rent $2,780 $3,160 $3,570 $4,760 $5,400
High Rent(110%) $3,058 $3,476 $3,927 $5,236 $5,940
2023 Los Olivos, CA 93441 Low Rent (90%) $2,313 $2,664 $3,024 $3,987 $4,536
Average Rent $2,570 $2,960 $3,360 $4,430 $5,040
High Rent (110%) $2,827 $3,256 $3,696 $4,873 $5,544
2022 Los Olivos, CA 93441 Low Rent (90%) $2,178 $2,511 $2,925 $3,852 $4,410
Average Rent $2,420 $2,790 $3,250 $4,280 $4,900
High Rent(110%) $2,662 $3,069 $3,575 $4,708 $5,390
2021 Los Olivos, CA 93441 Low Rent (90%) $1,863 $2,178 $2,565 $3,393 $3,879
Average Rent $2,070 $2,420 $2,850 $3,770 $4,310
High Rent (110%) $2,277 $2,662 $3,135 $4,147 $4,741
2020 Los Olivos, CA 93441 Low Rent (90%) $1,683 $1,962 $2,322 $3,096 $3,573
Average Rent $1,870 $2,180 $2,580 $3,440 $3,970
High Rent(110%) $2,057 $2,398 $2,838 $3,784 $4,367
2019 Los Olivos, CA 93441 Low Rent (90%) $1,260 $1,503 $1,755 $2,358 $2,736
Average Rent $1,400 $1,670 $1,950 $2,620 $3,040
High Rent (110%) $1,540 $1,837 $2,145 $2,882 $3,344


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