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

Fremont, CA 94555'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 94555 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 $2,079 to a high of $2,541, with an average of $2,310.
One-bedroom: One-bedroom rental prices vary, with a minimum of $2,430, a maximum of $2,970, and an average of $2,700.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $2,952, peaking at a maximum of $3,608, and averaging at $3,280.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $3,807, a maximum of $4,653, and an average of $4,230.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $4,509 to a maximum of $5,511, with an average of $5,010.

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 Fremont, CA 94555 Low Rent (90%) $2,079 $2,430 $2,952 $3,807 $4,509
Average Rent $2,310 $2,700 $3,280 $4,230 $5,010
High Rent(110%) $2,541 $2,970 $3,608 $4,653 $5,511
2023 Fremont, CA 94555 Low Rent (90%) $1,944 $2,304 $2,817 $3,681 $4,338
Average Rent $2,160 $2,560 $3,130 $4,090 $4,820
High Rent (110%) $2,376 $2,816 $3,443 $4,499 $5,302
2022 Fremont, CA 94555 Low Rent (90%) $1,773 $2,133 $2,619 $3,465 $4,122
Average Rent $1,970 $2,370 $2,910 $3,850 $4,580
High Rent(110%) $2,167 $2,607 $3,201 $4,235 $5,038
2021 Fremont, CA 94555 Low Rent (90%) $1,845 $2,232 $2,754 $3,690 $4,464
Average Rent $2,050 $2,480 $3,060 $4,100 $4,960
High Rent (110%) $2,255 $2,728 $3,366 $4,510 $5,456
2020 Fremont, CA 94555 Low Rent (90%) $1,719 $2,088 $2,583 $3,510 $4,293
Average Rent $1,910 $2,320 $2,870 $3,900 $4,770
High Rent(110%) $2,101 $2,552 $3,157 $4,290 $5,247
2019 Fremont, CA 94555 Low Rent (90%) $1,737 $2,106 $2,628 $3,618 $4,437
Average Rent $1,930 $2,340 $2,920 $4,020 $4,930
High Rent (110%) $2,123 $2,574 $3,212 $4,422 $5,423


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