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

San Martin, CA 95046'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 95046 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 $1,809 to a high of $2,211, with an average of $2,010.
One-bedroom: One-bedroom rental prices vary, with a minimum of $2,043, a maximum of $2,497, and an average of $2,270.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $2,385, peaking at a maximum of $2,915, and averaging at $2,650.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $3,042, a maximum of $3,718, and an average of $3,380.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $3,411 to a maximum of $4,169, with an average of $3,790.

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 Martin, CA 95046 Low Rent (90%) $1,809 $2,043 $2,385 $3,042 $3,411
Average Rent $2,010 $2,270 $2,650 $3,380 $3,790
High Rent(110%) $2,211 $2,497 $2,915 $3,718 $4,169
2023 San Martin, CA 95046 Low Rent (90%) $1,746 $1,962 $2,331 $2,988 $3,420
Average Rent $1,940 $2,180 $2,590 $3,320 $3,800
High Rent (110%) $2,134 $2,398 $2,849 $3,652 $4,180
2022 San Martin, CA 95046 Low Rent (90%) $1,809 $2,079 $2,475 $3,231 $3,726
Average Rent $2,010 $2,310 $2,750 $3,590 $4,140
High Rent(110%) $2,211 $2,541 $3,025 $3,949 $4,554
2021 San Martin, CA 95046 Low Rent (90%) $1,710 $1,998 $2,412 $3,195 $3,672
Average Rent $1,900 $2,220 $2,680 $3,550 $4,080
High Rent (110%) $2,090 $2,442 $2,948 $3,905 $4,488
2020 San Martin, CA 95046 Low Rent (90%) $1,683 $1,962 $2,376 $3,159 $3,618
Average Rent $1,870 $2,180 $2,640 $3,510 $4,020
High Rent(110%) $2,057 $2,398 $2,904 $3,861 $4,422
2019 San Martin, CA 95046 Low Rent (90%) $1,710 $2,034 $2,493 $3,366 $3,861
Average Rent $1,900 $2,260 $2,770 $3,740 $4,290
High Rent (110%) $2,090 $2,486 $3,047 $4,114 $4,719


Discover Section 8 FMR by zip code