Location: Fort Lauderdale, FL | Metro: Fort Lauderdale, FL HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,760 |
| 1 Bedroom | $1,900 |
| 2 Bedrooms | $2,320 |
| 3 Bedrooms | $3,170 |
| 4 Bedrooms | $3,660 |
| 5 Bedrooms | $4,246 |
| 6 Bedrooms | $4,756 |
| 7 Bedrooms | $5,136 |
| 8 Bedrooms | $5,393 |
The ZIP code 33345 in Fort Lauderdale, FL, stands out due to its unique characteristics that distinguish it from other areas within the county. With a lack of specific data on the number of residents, rental percentages, median income, and median home values, it becomes necessary to focus on the available information related to housing assistance.
The Fair Market Rent (FMR) for ZIP 33345 is set at $2100 for fiscal year 2024, which represents the amount landlords can charge for Section 8 vouchers. This figure is crucial for understanding the economic landscape of the area, especially since there is no comparative market rent data available. The FMR serves as a benchmark for rental rates within the ZIP code, ensuring that both tenants and landlords operate within a fair and regulated framework.
While the absence of detailed demographic and economic indicators limits a comprehensive analysis, the consistent presence of Section 8 vouchers suggests a stable environment for those seeking affordable housing solutions. Landlords and small-portfolio investors should take note of the FMR and consider how it aligns with their property management strategies. Given the reliance on voucher economics and the lack of transitional data points, the overall data signature for ZIP 33345 reads as stable. This stability provides a predictable income stream for property owners who choose to participate in the Section 8 program.
Data Sources: FMR data from HUD (2027).
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.