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

Woodacre, CA 94973'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 94973 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 $1,755 to a high of $2,145, with an average of $1,950.
One-bedroom: One-bedroom rental prices vary, with a minimum of $2,160, a maximum of $2,640, and an average of $2,400.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $2,583, peaking at a maximum of $3,157, and averaging at $2,870.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $3,177, a maximum of $3,883, and an average of $3,530.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $3,474 to a maximum of $4,246, with an average of $3,860.

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 Woodacre, CA 94973 Low Rent (90%) $1,755 $2,160 $2,583 $3,177 $3,474
Average Rent $1,950 $2,400 $2,870 $3,530 $3,860
High Rent(110%) $2,145 $2,640 $3,157 $3,883 $4,246
2023 Woodacre, CA 94973 Low Rent (90%) $1,719 $2,142 $2,592 $3,339 $3,636
Average Rent $1,910 $2,380 $2,880 $3,710 $4,040
High Rent (110%) $2,101 $2,618 $3,168 $4,081 $4,444
2022 Woodacre, CA 94973 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 Woodacre, CA 94973 Low Rent (90%) $2,097 $2,610 $3,168 $4,077 $4,437
Average Rent $2,330 $2,900 $3,520 $4,530 $4,930
High Rent (110%) $2,563 $3,190 $3,872 $4,983 $5,423
2020 Woodacre, CA 94973 Low Rent (90%) $2,160 $2,682 $3,348 $4,365 $4,644
Average Rent $2,400 $2,980 $3,720 $4,850 $5,160
High Rent(110%) $2,640 $3,278 $4,092 $5,335 $5,676
2019 Woodacre, CA 94973 Low Rent (90%) $2,394 $2,979 $3,717 $4,842 $5,157
Average Rent $2,660 $3,310 $4,130 $5,380 $5,730
High Rent (110%) $2,926 $3,641 $4,543 $5,918 $6,303


Discover Section 8 FMR by zip code