Section 8 Fair Market Rent (FMR) for ZIP 33929 - 2027

FY 2027 Fair Market Rent Rates

The ZIP code 33929, located in Florida, is an area that offers a unique blend of suburban living and access to urban amenities. This region is characterized by its diverse housing stock and proximity to key economic centers, making it a viable option for both residential and investment purposes.

• The Fair Market Rent (FMR) for a two-bedroom apartment in ZIP 33929 for fiscal year 2024 is set at $1680.
• The exact market rent for the area is currently N/A, indicating a lack of recent data on average rental prices.
• The median home value in the ZIP code is also listed as N/A, suggesting incomplete or outdated information regarding property values.
• The percentage of residents who are renters is N/A, which means there's insufficient data to determine the proportion of tenants versus homeowners.
• The Days on Market (DOM), which represents how long properties typically stay on the market before selling, is N/A, implying a need for updated real estate transaction data.
• The median household income for ZIP 33929 is listed as N/A, highlighting the absence of current economic indicators for the area.

In summary, while the Fair Market Rent provides a benchmark for rental pricing at $1680 for a two-bedroom unit, significant gaps in available data limit a comprehensive analysis. Investors should focus on securing up-to-date local market reports to make informed decisions about rental pricing and property values, ensuring their investments align with the actual economic conditions and demand in ZIP 33929.

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.