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Updated almost 3 years ago,

User Stats

136
Posts
61
Votes
Jay Thomas
  • Chicago, IL
61
Votes |
136
Posts

Section 8 tenant in a high rent area

Jay Thomas
  • Chicago, IL
Posted

I am currently considering renting my rental property to a section 8 tenant but the problem is that the market rent is about $300 higher the HUD Fair Market Rent. The property is located in suburban cook county. Since it's outside city of Chicago, it is not part of the mobility area. I don't understand where HUD got their values. Is it possibly to rent to a section 8 tenant without lowering my rent?

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