Location: Tampa-St. Petersburg-Clearwater, FL | Metro: Tampa-St. Petersburg-Clearwater, FL MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,470 |
| 1 Bedroom | $1,520 |
| 2 Bedrooms | $1,770 |
| 3 Bedrooms | $2,260 |
| 4 Bedrooms | $2,750 |
| 5 Bedrooms | $3,190 |
| 6 Bedrooms | $3,573 |
| 7 Bedrooms | $3,859 |
| 8 Bedrooms | $4,052 |
The ZIP code 33593 in Tampa-St. Petersburg-Clearwater, FL, presents unique challenges and opportunities for landlords and small-portfolio investors due to limited data availability. The number of residents, the percentage of renters, the median income, and the median home value are currently not available, which suggests that the area may be under-monitored or has sparse population statistics.
Despite these data gaps, there is a clear economic indicator that can guide investment decisions: the Fair Market Rent (FMR) for ZIP 33593 is set at $1760 for the fiscal year 2024. This figure represents the maximum amount a landlord can charge for a Section 8 rental unit. While the market rent is also not available, the FMR provides a benchmark for understanding the potential rental income from subsidized housing.
In terms of voucher economics, landlords should be aware that the $1760 FMR is a critical threshold. It means that tenants participating in the Section 8 program will have their rent capped at this amount, and any market fluctuations must be considered against this backdrop. Although the current market rent is unknown, it's essential to monitor local trends to ensure that rental rates remain competitive and attractive to both voucher holders and non-subsidized tenants.
Given the lack of detailed demographic and economic data, the ZIP 33593 appears to be transitional rather than stable. This classification implies that the area might be experiencing changes in population dynamics, economic conditions, or development projects that could affect the real estate market in the near future. Landlords and investors should keep a close eye on emerging trends and data to make informed decisions about their investments.
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.