Location: Miami-Miami Beach-Kendall, FL | Metro: Miami-Miami Beach-Kendall, FL HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $2,870 |
| 1 Bedroom | $3,120 |
| 2 Bedrooms | $3,770 |
| 3 Bedrooms | $4,820 |
| 4 Bedrooms | $5,510 |
| 5 Bedrooms | $6,392 |
| 6 Bedrooms | $7,159 |
| 7 Bedrooms | $7,732 |
| 8 Bedrooms | $8,119 |
U.S. Census Bureau data (2024)
Doral (ZIP 33178) is a master-planned corporate hub characterized by a thriving business ecosystem and strong suburban appeal. Known as the "City of Progress," the area features well-maintained communities and a significant concentration of logistics and trade firms. A major presence driving the local economy is the Federal Aviation Administration (FAA) Mike Monroney Aeronautical Center, alongside a robust network of import-export businesses that benefit from proximity to Miami International Airport. This environment provides a stable professional base for the rental market.
From a financial perspective, the math highlights a clear opportunity for voucher holders. The FY2026 Fair Market Rent (FMR) for a 2-bedroom unit is set at $3,650, substantially higher than the current Zillow market rent of $2,991, creating a premium cushion of $659 per month. Meanwhile, the median home value sits at $559,307 with a specific 2BR median sale price of $387,479. However, investors should note that inventory moves slowly here, with properties lingering a median of 100 days on market before selling.
The tenant pool is demographically strong, boasting a median household income of $96,653 and a renter share of 48.5%. This high income level suggests that even within the rental sector, purchasing power is robust, which correlates with the area's high-quality educational institutions. Families are often drawn to top-rated schools like Ronald W. Reagan Doral Senior High School and Doral Academy, sustaining long-term rental demand. This combination of affluence and educational quality makes the market competitive yet stable for landlords.
The Section 8 verdict for 33178 leans heavily toward stability and risk mitigation. With the 2BR FMR exceeding market rates by a significant margin, landlords accepting vouchers can secure payments well above typical market benchmarks while serving a population in a high-income, amenity-rich locale. The 100-day days-on-market figure suggests low turnover pressure, allowing investors to lock in reliable, above-market cash flow backed by HUD guarantees in a corporate-centric neighborhood.
Data Sources: FMR data from HUD (2027). 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.