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

San Francisco, CA 94128'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 94128 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 $2,214 to a high of $2,706, with an average of $2,460.
One-bedroom: One-bedroom rental prices vary, with a minimum of $2,718, a maximum of $3,322, and an average of $3,020.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $3,240, peaking at a maximum of $3,960, and averaging at $3,600.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $3,969, a maximum of $4,851, and an average of $4,410.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $4,311 to a maximum of $5,269, with an average of $4,790.

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 94128 Low Rent (90%) $2,214 $2,718 $3,240 $3,969 $4,311
Average Rent $2,460 $3,020 $3,600 $4,410 $4,790
High Rent(110%) $2,706 $3,322 $3,960 $4,851 $5,269
2023 San Francisco, CA 94128 Low Rent (90%) $2,070 $2,556 $3,060 $3,753 $4,113
Average Rent $2,300 $2,840 $3,400 $4,170 $4,570
High Rent (110%) $2,530 $3,124 $3,740 $4,587 $5,027
2022 San Francisco, CA 94128 Low Rent (90%) $1,917 $2,385 $2,880 $3,708 $4,032
Average Rent $2,130 $2,650 $3,200 $4,120 $4,480
High Rent(110%) $2,343 $2,915 $3,520 $4,532 $4,928
2021 San Francisco, CA 94128 Low Rent (90%) $2,088 $2,601 $3,159 $4,059 $4,428
Average Rent $2,320 $2,890 $3,510 $4,510 $4,920
High Rent (110%) $2,552 $3,179 $3,861 $4,961 $5,412
2020 San Francisco, CA 94128 Low Rent (90%) $1,953 $2,421 $2,970 $3,879 $4,131
Average Rent $2,170 $2,690 $3,300 $4,310 $4,590
High Rent(110%) $2,387 $2,959 $3,630 $4,741 $5,049
2019 San Francisco, CA 94128 Low Rent (90%) $1,890 $2,340 $2,898 $3,798 $4,014
Average Rent $2,100 $2,600 $3,220 $4,220 $4,460
High Rent (110%) $2,310 $2,860 $3,542 $4,642 $4,906


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