section 8

[Eli M.]

hey there, 

Is it possible to know in advance, at least, approximately how much section 8 will pay in rent on a monthly basis?

Thank you in advance

[Michele Fischer]

The amount that is paid with a section 8 voucher varies a great deal according to fair market rent values for your area , tenant income, and the percentage the housing authority (or whichever organization is managing the section 8 program) has decided to pay for vouchers. With recent drastic cuts from HUD many housing authorities are cutting the percentage they will pay in order to not have to reduce the number of vouchers they give.

So the short answer is it varies a great deal from person to person and the only way you can know is to ask the tenant or housing authority for a number.