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

Foresthill, CA 95631'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 95631 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 $1,422 to a high of $1,738, with an average of $1,580.
One-bedroom: One-bedroom rental prices vary, with a minimum of $1,530, a maximum of $1,870, and an average of $1,700.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $1,908, peaking at a maximum of $2,332, and averaging at $2,120.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $2,655, a maximum of $3,245, and an average of $2,950.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $3,060 to a maximum of $3,740, with an average of $3,400.

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 Foresthill, CA 95631 Low Rent (90%) $1,422 $1,530 $1,908 $2,655 $3,060
Average Rent $1,580 $1,700 $2,120 $2,950 $3,400
High Rent(110%) $1,738 $1,870 $2,332 $3,245 $3,740
2023 Foresthill, CA 95631 Low Rent (90%) $1,269 $1,386 $1,737 $2,475 $2,880
Average Rent $1,410 $1,540 $1,930 $2,750 $3,200
High Rent (110%) $1,551 $1,694 $2,123 $3,025 $3,520
2022 Foresthill, CA 95631 Low Rent (90%) $954 $1,053 $1,323 $1,881 $2,250
Average Rent $1,060 $1,170 $1,470 $2,090 $2,500
High Rent(110%) $1,166 $1,287 $1,617 $2,299 $2,750
2021 Foresthill, CA 95631 Low Rent (90%) $918 $1,026 $1,296 $1,854 $2,241
Average Rent $1,020 $1,140 $1,440 $2,060 $2,490
High Rent (110%) $1,122 $1,254 $1,584 $2,266 $2,739
2020 Foresthill, CA 95631 Low Rent (90%) $855 $963 $1,215 $1,755 $2,133
Average Rent $950 $1,070 $1,350 $1,950 $2,370
High Rent(110%) $1,045 $1,177 $1,485 $2,145 $2,607
2019 Foresthill, CA 95631 Low Rent (90%) $810 $918 $1,161 $1,683 $2,043
Average Rent $900 $1,020 $1,290 $1,870 $2,270
High Rent (110%) $990 $1,122 $1,419 $2,057 $2,497


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