Location: Wildwood-The Villages, FL | Metro: Wildwood-The Villages, FL MSA
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 | $970 |
| 1 Bedroom | $1,030 |
| 2 Bedrooms | $1,200 |
| 3 Bedrooms | $1,490 |
| 4 Bedrooms | $1,750 |
| 5 Bedrooms | $2,030 |
| 6 Bedrooms | $2,274 |
| 7 Bedrooms | $2,456 |
| 8 Bedrooms | $2,579 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,200 | $208,619 | 0.58% | F |
| 3BR | $1,490 | $296,039 | 0.5% | F |
| 4BR | $1,750 | $422,833 | 0.41% | F |
U.S. Census Bureau data (2024)
The ZIP code 33513, located in Bushnell, FL, presents a unique balance between yield and stability that can inform investment strategies for both landlords and small-portfolio investors.
On the yield axis, the Fair Market Rent (FMR) for 2024 is set at $1,140. This compares favorably to the market rent of $1,028, indicating that properties in this area could potentially command rents above the local average. The median home value in ZIP 33513 is $298,613. Given these figures, the potential rental income exceeds the market rent, suggesting a higher yield opportunity. However, the gap between FMR and market rent should be monitored closely, as it might indicate challenges in achieving the higher rents consistently.
Regarding stability, ZIP 33513 has a relatively low percentage of renters at 18.5%. This figure implies that a significant portion of the population owns their homes, which could affect the demand for rentals. Additionally, the median household income is $67,597, which is a crucial factor for assessing the ability of residents to pay rent. While the income level is not exceptionally high, it does provide a stable base for rental payments.
The absence of data on the number of days on market (DOM) makes it challenging to assess the liquidity of the rental market. However, given the relatively low renter population, it is likely that turnover rates and finding tenants could be slower compared to areas with higher percentages of renters.
In summary, ZIP 33513 leans towards being a moderate-high yield market with decent stability. The potential for higher rental income above the market rate makes it attractive for those seeking to maximize returns. However, the lower renter population suggests that this is not a high-turnover, flip-style market. Instead, it is more suited for steady-cashflow investments, where the focus is on maintaining long-term tenancies rather than rapidly flipping properties.
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.