Section 8 (Housing Choice Voucher Program) is a federal program that helps low-income families afford housing. As a landlord, should you accept Section 8 tenants?
How Section 8 Works
Pros of Section 8 Investing
Guaranteed Rent (Partial)
The government portion arrives on time, every time. This is 70-100% of rent depending on tenant income.
Reduced Vacancy
Long waitlists mean Section 8 tenants often stay longer—they don't want to lose their voucher.
Stable Cash Flow
Predictable payments make budgeting easier.
Above-Market Rents (Sometimes)
In some areas, payment standards exceed market rent.
Consistent Demand
Always tenants looking for Section 8 approved housing.
Cons of Section 8 Investing
Inspections Required
Annual inspections can be strict and require repairs.
Administrative Burden
More paperwork and coordination with housing authority.
Tenant Pool Concerns
Some landlords report higher wear and tear (though this varies widely).
Rent Increase Limits
Can't always raise rent to market rate immediately.
Payment Standard Caps
Government won't pay above their determined standard.
Markets Where Section 8 Works Best
Tips for Section 8 Success
Should You Accept Section 8?
It depends on your market and goals. In some areas, Section 8 is the smart play. In others, market-rate tenants are easier. Run the numbers for your specific situation.