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

Aptos, CA 95001'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 95001 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 $2,565 to a high of $3,135, with an average of $2,850.
One-bedroom: One-bedroom rental prices vary, with a minimum of $2,772, a maximum of $3,388, and an average of $3,080.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $3,645, peaking at a maximum of $4,455, and averaging at $4,050.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $4,491, a maximum of $5,489, and an average of $4,990.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $4,950 to a maximum of $6,050, with an average of $5,500.

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 Aptos, CA 95001 Low Rent (90%) $2,565 $2,772 $3,645 $4,491 $4,950
Average Rent $2,850 $3,080 $4,050 $4,990 $5,500
High Rent(110%) $3,135 $3,388 $4,455 $5,489 $6,050
2023 Aptos, CA 95001 Low Rent (90%) $1,989 $2,250 $2,961 $3,663 $4,104
Average Rent $2,210 $2,500 $3,290 $4,070 $4,560
High Rent (110%) $2,431 $2,750 $3,619 $4,477 $5,016
2022 Aptos, CA 95001 Low Rent (90%) $1,881 $2,151 $2,826 $3,600 $4,014
Average Rent $2,090 $2,390 $3,140 $4,000 $4,460
High Rent(110%) $2,299 $2,629 $3,454 $4,400 $4,906
2021 Aptos, CA 95001 Low Rent (90%) $1,791 $2,061 $2,718 $3,555 $3,978
Average Rent $1,990 $2,290 $3,020 $3,950 $4,420
High Rent (110%) $2,189 $2,519 $3,322 $4,345 $4,862
2020 Aptos, CA 95001 Low Rent (90%) $1,476 $1,719 $2,268 $3,006 $3,375
Average Rent $1,640 $1,910 $2,520 $3,340 $3,750
High Rent(110%) $1,804 $2,101 $2,772 $3,674 $4,125
2019 Aptos, CA 95001 Low Rent (90%) $1,413 $1,656 $2,196 $2,916 $3,330
Average Rent $1,570 $1,840 $2,440 $3,240 $3,700
High Rent (110%) $1,727 $2,024 $2,684 $3,564 $4,070


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