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

Sheridan, CA 95681'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 95681 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 $1,638 to a high of $2,002, with an average of $1,820.
One-bedroom: One-bedroom rental prices vary, with a minimum of $1,737, a maximum of $2,123, and an average of $1,930.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $2,178, peaking at a maximum of $2,662, and averaging at $2,420.
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 $3,546 to a maximum of $4,334, with an average of $3,940.

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 Sheridan, CA 95681 Low Rent (90%) $1,638 $1,737 $2,178 $3,042 $3,546
Average Rent $1,820 $1,930 $2,420 $3,380 $3,940
High Rent(110%) $2,002 $2,123 $2,662 $3,718 $4,334
2023 Sheridan, CA 95681 Low Rent (90%) $1,431 $1,539 $1,944 $2,763 $3,231
Average Rent $1,590 $1,710 $2,160 $3,070 $3,590
High Rent (110%) $1,749 $1,881 $2,376 $3,377 $3,949
2022 Sheridan, CA 95681 Low Rent (90%) $1,305 $1,413 $1,782 $2,529 $3,033
Average Rent $1,450 $1,570 $1,980 $2,810 $3,370
High Rent(110%) $1,595 $1,727 $2,178 $3,091 $3,707
2021 Sheridan, CA 95681 Low Rent (90%) $1,170 $1,314 $1,656 $2,367 $2,871
Average Rent $1,300 $1,460 $1,840 $2,630 $3,190
High Rent (110%) $1,430 $1,606 $2,024 $2,893 $3,509
2020 Sheridan, CA 95681 Low Rent (90%) $1,125 $1,269 $1,593 $2,295 $2,799
Average Rent $1,250 $1,410 $1,770 $2,550 $3,110
High Rent(110%) $1,375 $1,551 $1,947 $2,805 $3,421
2019 Sheridan, CA 95681 Low Rent (90%) $1,026 $1,161 $1,467 $2,124 $2,574
Average Rent $1,140 $1,290 $1,630 $2,360 $2,860
High Rent (110%) $1,254 $1,419 $1,793 $2,596 $3,146


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