Section 8 Fair Market Rent (FMR) for ZIP 33875 - 2027

Location: Sebring, FL | Metro: Sebring, FL MSA

Investment Score for ZIP 33875

Monthly Rent (2BR)

$1,410

Median Price (2BR)

$221,677

1% Rule

0.64%

Annual Yield

7.63%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$980
1 Bedroom	$1,140
2 Bedrooms	$1,410
3 Bedrooms	$1,680
4 Bedrooms	$2,130
5 Bedrooms	$2,471
6 Bedrooms	$2,768
7 Bedrooms	$2,989
8 Bedrooms	$3,138

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
2BR	$1,410	$221,677	0.64%	D
3BR	$1,680	$306,657	0.55%	F
4BR	$2,130	$414,270	0.51%	F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

11,856

Median Household Income

$77,482

Housing Units

5,790

Renter Percentage

16.4%

Occupancy Rate

84.9%

Renter Occupied

806

The ZIP code 33875, encompassing Sebring, Florida, offers a unique blend of natural beauty and affordable living, making it an attractive location for both tenants and investors. Nestled in the heart of Highlands County, Sebring provides access to outdoor recreational activities and a quiet, suburban lifestyle.

Fair Market Rent (FMR) for ZIP 33875: The FMR for a two-bedroom apartment in Sebring for fiscal year 2024 is set at $1180, indicating a government benchmark that supports rental pricing strategies.
Market Rent (ZORI): According to Zillow's Rent Index, the average market rent for a two-bedroom apartment in Sebring is $1,687, which is significantly higher than the FMR, suggesting strong demand from private renters.
Median Home Value: The median home value in Sebring stands at $280,461, providing a solid foundation for property investment and offering potential for appreciation over time.
Renter Share: Approximately 16.4% of the population in Sebring are renters, reflecting a moderate but stable rental market.
Median Income: The median household income in Sebring is $77,482, which is sufficient to support the current rental rates and indicates a steady flow of potential tenants.

The data points highlight a balanced rental market in Sebring, with government-supported rents and a slightly higher private sector demand. The median home value suggests a growing real estate market, while the median income level supports the ability of residents to afford current rents. For landlords and small-portfolio investors, Sebring presents a reliable investment opportunity with room for growth, particularly in properties that align with the local demand and government benchmarks.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.