Section 8 Fair Market Rent (FMR) for ZIP 33674 - 2027

FY 2027 Fair Market Rent Rates

The ZIP code 33674, located in Florida, offers a unique opportunity for real estate investors interested in the Section 8 housing market. The area's Fair Market Rent (FMR) for fiscal year 2024 is set at $1900, providing a benchmark for rental properties seeking to participate in the federal housing assistance program.

• Fair Market Rent (FMR) for ZIP 33674 is $1900 for fiscal year 2024, indicating the maximum amount that can be charged for a Section 8 voucher holder.
• The market rent for the area is currently unavailable, making it difficult to compare against the FMR and assess premium or discount opportunities.
• The median home value is also not available, which suggests limited data on the overall property values in the area.
• The percentage of renters in the area is not specified, leaving an uncertainty about the demand for rental properties.
• The Days on Market (DOM) statistic is not provided, so we cannot determine how quickly properties are being rented out.
• The median household income figure is not available, which means we lack insight into the financial capabilities of potential tenants.

In summary, while the FMR of $1900 provides a clear guideline for landlords and small-portfolio investors looking to enter the Section 8 market in ZIP 33674, the absence of key data points such as market rent, median home value, renter share, DOM, and median income limits the ability to make fully informed investment decisions. Landlords should focus on understanding the local demand for affordable housing and the specific requirements of the Section 8 program to maximize their chances of success in this area.

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.