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

Fairfax, CA 94930'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 94930 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 $1,863 to a high of $2,277, with an average of $2,070.
One-bedroom: One-bedroom rental prices vary, with a minimum of $2,295, a maximum of $2,805, and an average of $2,550.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $2,736, peaking at a maximum of $3,344, and averaging at $3,040.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $3,348, a maximum of $4,092, and an average of $3,720.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $3,645 to a maximum of $4,455, with an average of $4,050.

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 Fairfax, CA 94930 Low Rent (90%) $1,863 $2,295 $2,736 $3,348 $3,645
Average Rent $2,070 $2,550 $3,040 $3,720 $4,050
High Rent(110%) $2,277 $2,805 $3,344 $4,092 $4,455
2023 Fairfax, CA 94930 Low Rent (90%) $1,800 $2,223 $2,664 $3,339 $3,636
Average Rent $2,000 $2,470 $2,960 $3,710 $4,040
High Rent (110%) $2,200 $2,717 $3,256 $4,081 $4,444
2022 Fairfax, CA 94930 Low Rent (90%) $1,908 $2,376 $2,880 $3,708 $4,032
Average Rent $2,120 $2,640 $3,200 $4,120 $4,480
High Rent(110%) $2,332 $2,904 $3,520 $4,532 $4,928
2021 Fairfax, CA 94930 Low Rent (90%) $2,097 $2,610 $3,168 $4,068 $4,428
Average Rent $2,330 $2,900 $3,520 $4,520 $4,920
High Rent (110%) $2,563 $3,190 $3,872 $4,972 $5,412
2020 Fairfax, CA 94930 Low Rent (90%) $1,980 $2,457 $3,015 $3,942 $4,203
Average Rent $2,200 $2,730 $3,350 $4,380 $4,670
High Rent(110%) $2,420 $3,003 $3,685 $4,818 $5,137
2019 Fairfax, CA 94930 Low Rent (90%) $1,827 $2,259 $2,799 $3,663 $3,879
Average Rent $2,030 $2,510 $3,110 $4,070 $4,310
High Rent (110%) $2,233 $2,761 $3,421 $4,477 $4,741


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