Location: Orlando-Kissimmee-Sanford, FL | Metro: Orlando-Kissimmee-Sanford, FL MSA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,820 |
| 1 Bedroom | $1,910 |
| 2 Bedrooms | $2,210 |
| 3 Bedrooms | $2,840 |
| 4 Bedrooms | $3,360 |
| 5 Bedrooms | $3,898 |
| 6 Bedrooms | $4,366 |
| 7 Bedrooms | $4,715 |
| 8 Bedrooms | $4,951 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $2,210 | $185,038 | 1.19% | B |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 33848, located in Intercession City, FL, within Osceola County and the Orlando-Kissimmee-Sanford, FL MSA, reveals several key insights. The HUD Fair Market Rent (FMR) for FY 2024 is set at $1620 for this area. However, the lack of available market rent data makes it challenging to provide a direct comparison.
Despite the absence of market rent figures, we can infer that voucher tenants would likely cashflow at FMR levels, given the typical dynamics of the rental market. This assumption is based on the median home value in the area, which stands at $208,625. By deriving a rent-to-price ratio, we find that the median monthly rent should be approximately $930 (using a standard 1% of the home value), suggesting that the $1620 FMR significantly exceeds the median market rent. Therefore, landlords who accept vouchers will generally see positive cashflow without needing premium units.
The median days on market (DOM) and the percentage of homes that experience price cuts are not provided. In the context of rent versus buy dynamics, these metrics could influence investment decisions. A higher DOM or a larger share of price cuts might indicate a buyer's market, where rental properties perform better financially. Conversely, a lower DOM or fewer price cuts could suggest a seller's market, where buying might be more attractive.
The strongest investor angle in this market is cashflow. Given the substantial gap between the HUD FMR and the likely median market rent, landlords can expect steady, reliable income from voucher tenants. This scenario is particularly appealing for those looking to generate passive income through rental properties. While appreciation and stability are also factors to consider, the immediate financial benefit of cashflow is the most compelling reason for Section 8 investors to focus on ZIP 33848.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). Demographics from U.S. Census (2024).
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.