Location: Orlando-Kissimmee-Sanford, FL | Metro: Orlando-Kissimmee-Sanford, FL MSA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,570 |
| 1 Bedroom | $1,640 |
| 2 Bedrooms | $1,860 |
| 3 Bedrooms | $2,320 |
| 4 Bedrooms | $2,710 |
| 5 Bedrooms | $3,144 |
| 6 Bedrooms | $3,521 |
| 7 Bedrooms | $3,803 |
| 8 Bedrooms | $3,993 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $1,640 | $143,989 | 1.14% | B |
| 2BR | $1,860 | $201,560 | 0.92% | C |
| 3BR | $2,320 | $314,261 | 0.74% | D |
| 4BR | $2,710 | $369,184 | 0.73% | D |
| 5BR | $3,144 | $455,057 | 0.69% | D |
U.S. Census Bureau data (2024)
ZIP 32810 in Orlando, FL, which falls within the Orlando-Kissimmee-Sanford, FL MSA, presents itself as a strong cash-flow anchor for a Section 8 portfolio strategy. The Fair Market Rent (FMR) for ZIP 32810 as of fiscal year 2024 is set at $1800 for a one-bedroom unit, providing a significant margin above the current market rent of $1740. This $60 spread ensures that landlords can maintain steady and reliable cash flow without having to worry about the fluctuations typical in non-subsidized rental markets.
The median home value in ZIP 32810 stands at $310,330, indicating that while there might be opportunities for appreciation, the primary focus should remain on leveraging the stable rental income provided by the Section 8 program. The low 0.2% price-cut share and 23-day Days on Market (DOM) suggest that properties in this area do not often require significant discounts to attract tenants, further reinforcing the stability of rental income.
While the 48.8% renter share and median income of $60,799 might seem appealing for diversification, the key advantage here lies in the guaranteed rental payments through the Section 8 voucher program. These payments are adjusted annually based on the FMR, ensuring that landlords receive a consistent income stream that outpaces the local market rent.
In conclusion, ZIP 32810 is best positioned as a cash-flow anchor within a Section 8 portfolio. The $60 differential between the FMR and the market rent, combined with the low necessity for price cuts and quick turnover times, makes it an ideal location for generating predictable and stable cash flows. Landlords and small-portfolio investors can confidently rely on this area to provide a solid financial foundation, especially when dealing with subsidized housing.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.