Location: Sebring, FL | Metro: Sebring, 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 | $1,000 |
| 1 Bedroom | $1,160 |
| 2 Bedrooms | $1,430 |
| 3 Bedrooms | $1,700 |
| 4 Bedrooms | $2,160 |
| 5 Bedrooms | $2,506 |
| 6 Bedrooms | $2,807 |
| 7 Bedrooms | $3,032 |
| 8 Bedrooms | $3,184 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,430 | $199,046 | 0.72% | D |
| 3BR | $1,700 | $293,181 | 0.58% | F |
| 4BR | $2,160 | $354,046 | 0.61% | D |
U.S. Census Bureau data (2024)
The ZIP code 33872, located in Sebring, FL, presents a dynamic housing market characterized by specific metrics that indicate ongoing trends. The Fair Market Rent (FMR) for the area stands at $1260 for fiscal year 2024, while the Zillow Observed Rent Index (ZORI) shows a slightly higher average market rent of $1,754. This suggests that the rental market is robust, with rents exceeding the government's fair market assessment, indicating strong demand.
The 0.2% price-cut share implies that very few listings are being reduced in price, which typically points to a seller's market where properties can sell close to their asking price. Additionally, the days on market (DOM) figure of 43 days indicates a relatively quick turnover rate for properties, further supporting the idea that demand is high and supply is limited.
The median home value of $250,630 provides insight into the affordability of the housing stock in Sebring. Given the lower median home value and the higher market rent, it is reasonable to conclude that the demand for rental units is likely driven by both affordability and the preference for renting over buying in this region. A 10.6% renter share suggests that while a significant portion of the population owns homes, there is still considerable pressure on the rental market. This percentage hints at a steady need for rental properties, which could be due to various factors such as young professionals, seasonal residents, or individuals preferring the flexibility of renting over homeownership.
The interplay between these figures—market rent, price-cut share, DOM, and median home value—reveals a market where demand for rentals is outpacing supply, creating a scenario where landlords and small-portfolio investors can benefit from steady rental income and potentially rising property values. The strong rental market coupled with a moderate median home value suggests that the area has a balance of affordability and desirability, making it an attractive location for both renters and potential buyers.
In summary, the market dynamics in ZIP 33872 point towards a situation where the demand for rental properties is solid, supported by a low price-cut share and quick sales pace for homes. This environment suggests opportunities for those invested in rental properties, as well as potential for growth in home values, given the ongoing pressure on the rental sector and the relatively affordable nature of the housing market.
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.