Section 8 Fair Market Rent (FMR) for ZIP 33575 - 2027

Location: Tampa-St. Petersburg-Clearwater, FL | Metro: Tampa-St. Petersburg-Clearwater, FL MSA

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 33575, located in Florida, is part of a region that offers potential opportunities for real estate investors interested in the Section 8 housing market. This area is characterized by its unique blend of residential and suburban qualities, making it an attractive location for both tenants and landlords.

The Fair Market Rent (FMR) for ZIP 33575 is set at $1900 for fiscal year 2024, providing a benchmark for rental prices that landlords can use to ensure their properties remain competitive within the subsidized housing market.
The median home value is currently N/A, indicating that there is limited data available on the typical property values within this ZIP code, which could suggest a less saturated market.
The percentage of the population that rents is N/A, suggesting that there may be significant variability in the tenant pool and landlord-tenant relationships within the area.
The days on market (DOM) for properties in this ZIP code is N/A, which could imply either a rapidly moving market or a lack of sufficient sales data to provide a reliable average.
The median household income in ZIP 33575 is N/A, making it challenging to gauge the financial stability of potential tenants without further investigation into local employment and economic conditions.

Given the data points above, landlords and small-portfolio investors should focus on leveraging the Fair Market Rent of $1900 to guide their pricing strategies, while also being mindful of the limited data available regarding median home values and income levels. The unknown days on market figure suggests that there might be unique dynamics at play in the local real estate market, which could present both challenges and opportunities. Overall, the ZIP code 33575 appears to offer a niche market for those willing to conduct thorough due diligence on individual properties and tenants.

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.