How Much Will Section 8 Pay

You pay 30 of your income.

How much will section 8 pay. The public housing authority that issued and approved the voucher will pay the landlord the remainder of the rent and utility costs. Property rental listings directly to public housing authority maximize rental listing exposure. To be eligible for a section 8 voucher a family s gross annual income would have to be less than half that or 26 147.

For example a three person household may qualify for a two bedroom voucher. The fair market rent that has been set for the metropolitan area where your property is located. How much rent do you pay if you live in section 8 hud housing public housing rural rental assistance or have a housing voucher.

Your income is 100 you pay 30. Priority is given to families who earn less than 30 of the median area. Your income is 1 000 you pay 300.

Section 8 will determine the voucher amount by first figuring out the number of people in the household. It will then determine the size of the apartment the household qualifies for. If however the family decides to go above fair market rent the percentage of income it devotes to housing increases.

This payment standard will be between 90 and 110 percent of the fair market rent. Hud covers the remainder. Hud publishes their list of fair market rents each year.

How much will section 8 pay. Under the section 8 housing choice voucher program most tenants will pay 30 of their monthly income.