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

Lotus, CA 95651'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 95651 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 $1,539 to a high of $1,881, with an average of $1,710.
One-bedroom: One-bedroom rental prices vary, with a minimum of $1,665, a maximum of $2,035, and an average of $1,850.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $2,070, peaking at a maximum of $2,530, and averaging at $2,300.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $2,880, a maximum of $3,520, and an average of $3,200.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $3,312 to a maximum of $4,048, with an average of $3,680.

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 Lotus, CA 95651 Low Rent (90%) $1,539 $1,665 $2,070 $2,880 $3,312
Average Rent $1,710 $1,850 $2,300 $3,200 $3,680
High Rent(110%) $1,881 $2,035 $2,530 $3,520 $4,048
2023 Lotus, CA 95651 Low Rent (90%) $1,314 $1,440 $1,809 $2,565 $2,988
Average Rent $1,460 $1,600 $2,010 $2,850 $3,320
High Rent (110%) $1,606 $1,760 $2,211 $3,135 $3,652
2022 Lotus, CA 95651 Low Rent (90%) $981 $1,089 $1,368 $1,944 $2,331
Average Rent $1,090 $1,210 $1,520 $2,160 $2,590
High Rent(110%) $1,199 $1,331 $1,672 $2,376 $2,849
2021 Lotus, CA 95651 Low Rent (90%) $954 $1,062 $1,341 $1,917 $2,322
Average Rent $1,060 $1,180 $1,490 $2,130 $2,580
High Rent (110%) $1,166 $1,298 $1,639 $2,343 $2,838
2020 Lotus, CA 95651 Low Rent (90%) $855 $954 $1,206 $1,737 $2,115
Average Rent $950 $1,060 $1,340 $1,930 $2,350
High Rent(110%) $1,045 $1,166 $1,474 $2,123 $2,585
2019 Lotus, CA 95651 Low Rent (90%) $765 $873 $1,098 $1,584 $1,926
Average Rent $850 $970 $1,220 $1,760 $2,140
High Rent (110%) $935 $1,067 $1,342 $1,936 $2,354


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