Location: Hendry County, FL | Metro: Glades County, FL
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 | $990 |
| 1 Bedroom | $1,010 |
| 2 Bedrooms | $1,150 |
| 3 Bedrooms | $1,420 |
| 4 Bedrooms | $1,690 |
| 5 Bedrooms | $1,960 |
| 6 Bedrooms | $2,195 |
| 7 Bedrooms | $2,371 |
| 8 Bedrooms | $2,490 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,150 | $183,583 | 0.63% | D |
| 3BR | $1,420 | $255,382 | 0.56% | F |
U.S. Census Bureau data (2024)
1,160 is the Fair Market Rent (FMR) for ZIP 33471, Moore Haven, FL, as set for metro FY 2026. This figure represents the maximum rental amount that a family receiving Section 8 assistance can afford. In contrast, the market rent for the area, based on Census ACS data, is $818, indicating a potential gap between what families can pay and the actual market rates. The median home value in the region stands at $211,114, suggesting a moderate housing market. With 22.2% of the population being renters, there is a notable segment of the community relying on rental properties. The median income of $39,150 provides insight into the economic conditions of the area, showing that it is below the national average and may impact the ability of residents to afford higher rents. The N/A-day DOM (Days on Market) statistic suggests that properties are selling quickly once listed, which could be due to low inventory or high demand. Lastly, the 0.2% price-cut share indicates that very few listings are reducing their prices, possibly signaling a strong seller's market.
Given these metrics, landlords and small-portfolio investors should consider the potential for higher rental income through Section 8 contracts, which can offer a stable source of revenue. However, they must also be aware of the administrative requirements and the possibility of dealing with lower-income tenants who might have different needs and expectations. The current market conditions favor sellers and indicate a healthy real estate environment, but the economic profile of the area suggests that careful tenant selection and property management will be crucial for success. In conclusion, ZIP 33471 presents a balanced opportunity for Section 8 investment, with manageable risks and the potential for steady returns.
Verdict: ZIP 33471 offers a viable Section 8 investment opportunity.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.