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

San Carlos, CA 94070'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 94070 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 $2,241 to a high of $2,739, with an average of $2,490.
One-bedroom: One-bedroom rental prices vary, with a minimum of $2,754, a maximum of $3,366, and an average of $3,060.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $3,285, peaking at a maximum of $4,015, and averaging at $3,650.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $4,023, a maximum of $4,917, and an average of $4,470.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $4,374 to a maximum of $5,346, with an average of $4,860.

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 San Carlos, CA 94070 Low Rent (90%) $2,241 $2,754 $3,285 $4,023 $4,374
Average Rent $2,490 $3,060 $3,650 $4,470 $4,860
High Rent(110%) $2,739 $3,366 $4,015 $4,917 $5,346
2023 San Carlos, CA 94070 Low Rent (90%) $2,124 $2,628 $3,141 $3,852 $4,221
Average Rent $2,360 $2,920 $3,490 $4,280 $4,690
High Rent (110%) $2,596 $3,212 $3,839 $4,708 $5,159
2022 San Carlos, CA 94070 Low Rent (90%) $2,034 $2,529 $3,078 $3,951 $4,293
Average Rent $2,260 $2,810 $3,420 $4,390 $4,770
High Rent(110%) $2,486 $3,091 $3,762 $4,829 $5,247
2021 San Carlos, CA 94070 Low Rent (90%) $2,259 $2,808 $3,411 $4,383 $4,770
Average Rent $2,510 $3,120 $3,790 $4,870 $5,300
High Rent (110%) $2,761 $3,432 $4,169 $5,357 $5,830
2020 San Carlos, CA 94070 Low Rent (90%) $2,151 $2,673 $3,276 $4,284 $4,572
Average Rent $2,390 $2,970 $3,640 $4,760 $5,080
High Rent(110%) $2,629 $3,267 $4,004 $5,236 $5,588
2019 San Carlos, CA 94070 Low Rent (90%) $2,025 $2,502 $3,096 $4,059 $4,293
Average Rent $2,250 $2,780 $3,440 $4,510 $4,770
High Rent (110%) $2,475 $3,058 $3,784 $4,961 $5,247


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