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

San Francisco, CA 94104'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 94104 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 $2,223 to a high of $2,717, with an average of $2,470.
One-bedroom: One-bedroom rental prices vary, with a minimum of $2,736, a maximum of $3,344, and an average of $3,040.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $3,258, peaking at a maximum of $3,982, and averaging at $3,620.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $3,987, a maximum of $4,873, and an average of $4,430.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $4,338 to a maximum of $5,302, with an average of $4,820.

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 Francisco, CA 94104 Low Rent (90%) $2,223 $2,736 $3,258 $3,987 $4,338
Average Rent $2,470 $3,040 $3,620 $4,430 $4,820
High Rent(110%) $2,717 $3,344 $3,982 $4,873 $5,302
2023 San Francisco, CA 94104 Low Rent (90%) $2,160 $2,673 $3,204 $4,014 $4,374
Average Rent $2,400 $2,970 $3,560 $4,460 $4,860
High Rent (110%) $2,640 $3,267 $3,916 $4,906 $5,346
2022 San Francisco, CA 94104 Low Rent (90%) $2,295 $2,853 $3,474 $4,455 $4,851
Average Rent $2,550 $3,170 $3,860 $4,950 $5,390
High Rent(110%) $2,805 $3,487 $4,246 $5,445 $5,929
2021 San Francisco, CA 94104 Low Rent (90%) $2,547 $3,168 $3,852 $4,941 $5,382
Average Rent $2,830 $3,520 $4,280 $5,490 $5,980
High Rent (110%) $3,113 $3,872 $4,708 $6,039 $6,578
2020 San Francisco, CA 94104 Low Rent (90%) $2,403 $2,979 $3,654 $4,770 $5,094
Average Rent $2,670 $3,310 $4,060 $5,300 $5,660
High Rent(110%) $2,937 $3,641 $4,466 $5,830 $6,226
2019 San Francisco, CA 94104 Low Rent (90%) $1,836 $2,277 $2,817 $3,690 $3,906
Average Rent $2,040 $2,530 $3,130 $4,100 $4,340
High Rent (110%) $2,244 $2,783 $3,443 $4,510 $4,774


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