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 |
$2100 is the Fair Market Rent (FMR) for ZIP 33388 for fiscal year 2024, according to HUD.
N/A is the market rent for ZIP 33388, indicating that there might be limited data available for this specific metric.
N/A is the median home value for ZIP 33388, suggesting that detailed property value data is not readily available for this area.
N/A% is the share of renters in ZIP 33388, which means we don't have a precise figure for how many residents are renters versus homeowners.
N/A is the median income for ZIP 33388, implying that comprehensive income data for this region is not currently accessible.
N/A days is the average DOM (Days on Market), which is the time it takes for a property to sell, showing a lack of specific sales data for this ZIP code.
N/A% is the share of properties that have had their prices cut, indicating that there isn't enough recent transaction data to provide this statistic.
The Section 8 program in ZIP 33388 is viable for landlords willing to accept the $2100 FMR, but further research is needed to understand the local rental market dynamics fully.
Verdict: ZIP 33388 presents a viable opportunity for Section 8 landlords, contingent upon the acceptance of the $2100 FMR. However, additional investigation is required to assess the broader rental market context.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.