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

Florence, OR 97439'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 97439 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 $837 to a high of $1,023, with an average of $930.
One-bedroom: One-bedroom rental prices vary, with a minimum of $936, a maximum of $1,144, and an average of $1,040.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $1,224, peaking at a maximum of $1,496, and averaging at $1,360.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $1,728, a maximum of $2,112, and an average of $1,920.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $2,079 to a maximum of $2,541, with an average of $2,310.

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 Florence, OR 97439 Low Rent (90%) $837 $936 $1,224 $1,728 $2,079
Average Rent $930 $1,040 $1,360 $1,920 $2,310
High Rent(110%) $1,023 $1,144 $1,496 $2,112 $2,541
2023 Florence, OR 97439 Low Rent (90%) $801 $909 $1,197 $1,701 $2,043
Average Rent $890 $1,010 $1,330 $1,890 $2,270
High Rent (110%) $979 $1,111 $1,463 $2,079 $2,497
2022 Florence, OR 97439 Low Rent (90%) $729 $837 $1,098 $1,557 $1,881
Average Rent $810 $930 $1,220 $1,730 $2,090
High Rent(110%) $891 $1,023 $1,342 $1,903 $2,299
2021 Florence, OR 97439 Low Rent (90%) $684 $792 $1,035 $1,485 $1,764
Average Rent $760 $880 $1,150 $1,650 $1,960
High Rent (110%) $836 $968 $1,265 $1,815 $2,156
2020 Florence, OR 97439 Low Rent (90%) $675 $783 $1,026 $1,476 $1,737
Average Rent $750 $870 $1,140 $1,640 $1,930
High Rent(110%) $825 $957 $1,254 $1,804 $2,123
2019 Florence, OR 97439 Low Rent (90%) $603 $693 $918 $1,323 $1,557
Average Rent $670 $770 $1,020 $1,470 $1,730
High Rent (110%) $737 $847 $1,122 $1,617 $1,903


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