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

Elverta, CA 95626'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 95626 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 $1,494 to a high of $1,826, with an average of $1,660.
One-bedroom: One-bedroom rental prices vary, with a minimum of $1,611, a maximum of $1,969, and an average of $1,790.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $2,007, peaking at a maximum of $2,453, and averaging at $2,230.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $2,790, a maximum of $3,410, and an average of $3,100.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $3,213 to a maximum of $3,927, with an average of $3,570.

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 Elverta, CA 95626 Low Rent (90%) $1,494 $1,611 $2,007 $2,790 $3,213
Average Rent $1,660 $1,790 $2,230 $3,100 $3,570
High Rent(110%) $1,826 $1,969 $2,453 $3,410 $3,927
2024 Elverta, CA 95626 Low Rent (90%) $1,494 $1,611 $2,007 $2,790 $3,213
Average Rent $1,660 $1,790 $2,230 $3,100 $3,570
High Rent (110%) $1,826 $1,969 $2,453 $3,410 $3,927
2023 Elverta, CA 95626 Low Rent (90%) $1,305 $1,431 $1,800 $2,556 $2,979
Average Rent $1,450 $1,590 $2,000 $2,840 $3,310
High Rent(110%) $1,595 $1,749 $2,200 $3,124 $3,641
2022 Elverta, CA 95626 Low Rent (90%) $1,179 $1,305 $1,638 $2,322 $2,781
Average Rent $1,310 $1,450 $1,820 $2,580 $3,090
High Rent (110%) $1,441 $1,595 $2,002 $2,838 $3,399
2021 Elverta, CA 95626 Low Rent (90%) $1,161 $1,296 $1,638 $2,340 $2,835
Average Rent $1,290 $1,440 $1,820 $2,600 $3,150
High Rent(110%) $1,419 $1,584 $2,002 $2,860 $3,465
2020 Elverta, CA 95626 Low Rent (90%) $1,080 $1,215 $1,530 $2,205 $2,682
Average Rent $1,200 $1,350 $1,700 $2,450 $2,980
High Rent (110%) $1,320 $1,485 $1,870 $2,695 $3,278
2019 Elverta, CA 95626 Low Rent (90%) $972 $1,107 $1,395 $2,016 $2,448
Average Rent $1,080 $1,230 $1,550 $2,240 $2,720
High Rent(110%) $1,188 $1,353 $1,705 $2,464 $2,992


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