Section 8 Fair Market Rent (FMR) for ZIP 33682 - 2027

FY 2027 Fair Market Rent Rates

The ZIP code 33682 is located in Tampa, Florida, and it is categorized as a PO Box ZIP code, meaning it primarily serves mailboxes rather than residential addresses. This makes demographic data specific to 33682 unavailable; however, nearby ZIP codes such as 33612 provide insight into the broader neighborhood characteristics.

The area surrounding ZIP 33682 is a mix of established neighborhoods and smaller populated places. It includes areas like Lake Magdalene, Carrollwood, University, and Citrus Park, which are part of the larger Tampa metropolitan region. These neighborhoods are known for their residential settings, often featuring single-family homes and some multifamily dwellings.

Moving into the economic landscape, the Fair Market Rent (FMR) for ZIP 33682 is set at $1900 for fiscal year 2024. This figure is crucial for landlords and small-portfolio investors considering the Section 8 program. While the exact market rent for the area was not specified, the FMR provides a benchmark for rental pricing in subsidized housing.

Given the nature of ZIP 33682 as a PO Box area, it might not be the ideal location for hands-on value-add buyers who seek direct property management opportunities. Instead, it aligns better with hands-off operators who can leverage the Section 8 program for stable, government-backed rental income. The absence of specific demographic data suggests that investors should look at broader ZIP codes like 33612 for a complete picture of the neighborhood's potential.

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.