Section 8 Fair Market Rent (FMR) for ZIP 33550 - 2027

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,640
1 Bedroom	$1,690
2 Bedrooms	$1,970
3 Bedrooms	$2,520
4 Bedrooms	$3,060
5 Bedrooms	$3,550
6 Bedrooms	$3,976
7 Bedrooms	$4,294
8 Bedrooms	$4,509

The ZIP code 33550 is located in Mango, Florida, within Hillsborough County. It's classified as a PO Box ZIP code, which means it primarily serves mail delivery purposes rather than residential areas. As such, there is no population data available from the U.S. Census Bureau, making it difficult to provide a detailed demographic portrait based on typical metrics like percentage of renters, median income, and median home value. However, for Section 8 investors, the most relevant piece of information is the Fair Market Rent (FMR) for the ZIP code. In ZIP 33550, the FMR for the fiscal year 2024 is set at $1900. This figure represents the maximum amount that a landlord can charge for a rental property under the Section 8 program. Given that the ZIP code lacks comprehensive residential data, the FMR becomes a critical benchmark for evaluating the potential rental income from properties participating in the Section 8 program. Considering the lack of population data and the nature of the ZIP code being primarily for PO Box services, it's unlikely that this area would be suitable for hands-on value-add buyers looking to improve and manage properties directly. Instead, the ZIP code 33550 might better suit hands-off voucher operators who are willing to accept the limitations of operating in an area without significant residential metrics. These operators should focus on properties that meet the criteria for the Section 8 program and ensure they are aware of the specific rental rates allowed.

The absence of detailed population and economic data suggests that investment strategies should be tailored towards the unique characteristics of ZIP 33550, emphasizing compliance with Section 8 regulations and leveraging the $1900 FMR to guide pricing decisions.

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.