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

Menlo Park, CA 94025'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 94025 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 $2,367 to a high of $2,893, with an average of $2,630.
One-bedroom: One-bedroom rental prices vary, with a minimum of $2,907, a maximum of $3,553, and an average of $3,230.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $3,465, peaking at a maximum of $4,235, and averaging at $3,850.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $4,239, a maximum of $5,181, and an average of $4,710.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $4,617 to a maximum of $5,643, with an average of $5,130.

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 Menlo Park, CA 94025 Low Rent (90%) $2,367 $2,907 $3,465 $4,239 $4,617
Average Rent $2,630 $3,230 $3,850 $4,710 $5,130
High Rent(110%) $2,893 $3,553 $4,235 $5,181 $5,643
2023 Menlo Park, CA 94025 Low Rent (90%) $2,268 $2,808 $3,357 $4,122 $4,509
Average Rent $2,520 $3,120 $3,730 $4,580 $5,010
High Rent (110%) $2,772 $3,432 $4,103 $5,038 $5,511
2022 Menlo Park, CA 94025 Low Rent (90%) $2,187 $2,727 $3,312 $4,248 $4,626
Average Rent $2,430 $3,030 $3,680 $4,720 $5,140
High Rent(110%) $2,673 $3,333 $4,048 $5,192 $5,654
2021 Menlo Park, CA 94025 Low Rent (90%) $2,430 $3,024 $3,672 $4,716 $5,139
Average Rent $2,700 $3,360 $4,080 $5,240 $5,710
High Rent (110%) $2,970 $3,696 $4,488 $5,764 $6,281
2020 Menlo Park, CA 94025 Low Rent (90%) $2,304 $2,853 $3,501 $4,572 $4,887
Average Rent $2,560 $3,170 $3,890 $5,080 $5,430
High Rent(110%) $2,816 $3,487 $4,279 $5,588 $5,973
2019 Menlo Park, CA 94025 Low Rent (90%) $2,187 $2,700 $3,348 $4,383 $4,635
Average Rent $2,430 $3,000 $3,720 $4,870 $5,150
High Rent (110%) $2,673 $3,300 $4,092 $5,357 $5,665


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