Location: Fort Lauderdale, FL | Metro: Fort Lauderdale, FL HUD Metro FMR Area
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 | $1,780 |
| 1 Bedroom | $1,930 |
| 2 Bedrooms | $2,350 |
| 3 Bedrooms | $3,210 |
| 4 Bedrooms | $3,710 |
| 5 Bedrooms | $4,304 |
| 6 Bedrooms | $4,820 |
| 7 Bedrooms | $5,206 |
| 8 Bedrooms | $5,466 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $1,930 | $132,283 | 1.46% | A |
| 2BR | $2,350 | $275,442 | 0.85% | C |
| 3BR | $3,210 | $432,367 | 0.74% | D |
| 4BR | $3,710 | $620,814 | 0.6% | F |
| 5BR | $4,304 | $2,850,611 | 0.15% | F |
U.S. Census Bureau data (2024)
Pompano Beach 33064 offers a classic South Florida suburban feel, characterized by spacious single-family homes and a mix of mid-century properties that appeal to families looking for space. This area sits west of the Intracoastal, providing a quieter residential alternative to the beachfront high-rises while maintaining easy access to major thoroughfares like I-95 and the Turnpike. The local economy benefits significantly from the presence of the Broward Health North medical center, which serves as a major employer and stabilizes the neighborhood with steady healthcare jobs. Investors will find a community-oriented environment where local parks and standard retail conveniences form the daily backdrop for residents.
From a numerical standpoint, the math requires careful scrutiny. The HUD Fair Market Rent for a 2-bedroom unit in this ZIP is set at $2,020 for FY2024, while Zillow’s observed market rent sits at $2,259, creating a gap of $239 per month between the voucher ceiling and what the open market commands. The area shows patience in transactions, with a median of 104 days on market, and investors pay a premium for entry with a median home value of $358,199. A specific 2-bedroom property has a median sale price of $273,987. While the rental rates are solid, the purchase price suggests a lower initial yield compared to higher-rent districts.
Demand fundamentals are supported by a renter share of 34.7% and a median household income of $71,301, indicating that while many residents own homes, a substantial tenant base exists with the income to support housing costs. Families are drawn to the area for access to decent public schooling and proximity to employment hubs in Fort Lauderdale. The income level is sufficient to suggest that the tenant pool extends beyond voucher holders to working professionals who may pay slightly above the SAFMR, potentially helping investors bridge the gap if they can secure market-rate tenants.
The Section 8 verdict for 33064 leans toward stability over aggressive cash flow. The $239 negative spread between the 2BR SAFMR and market rent means voucher payments alone may not cover top-tier market rents, but the high median home value and long days on market point toward an appreciation play. Investors should view this ZIP as a wealth-preservation asset where the consistent demand from the medical sector and family demographic supports long-term occupancy, even if the immediate monthly cash-on-cash return is muted by the price-to-rent ratio.
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.