Location: Glades County, FL | Metro: Glades County, FL
| Unit Size | Monthly FMR |
|---|---|
| Studio | $990 |
| 1 Bedroom | $1,010 |
| 2 Bedrooms | $1,130 |
| 3 Bedrooms | $1,370 |
| 4 Bedrooms | $1,540 |
| 5 Bedrooms | $1,786 |
| 6 Bedrooms | $2,000 |
| 7 Bedrooms | $2,160 |
| 8 Bedrooms | $2,268 |
U.S. Census Bureau data (2024)
The ZIP code 33944 stands as a unique market within the broader context of its metropolitan area, which is set to have a Fair Market Rent (FMR) of $1,240 by fiscal year 2026. The absence of current market rent data suggests that this figure might be reflective of the overall rental environment in the area, indicating a potential alignment between the FMR and actual market conditions.
A critical aspect of understanding the dynamics of this market lies in the observed 0.0% renter share. This statistic reveals a significant insight into the housing landscape of 33944: it is predominantly a homeownership-driven community. With such a low percentage of renters, it implies that there is less immediate pressure on rental properties, which can be beneficial for landlords looking to maintain stable tenancy without the need for frequent rent adjustments or deep discounts to attract tenants.
The lack of data on price-cut share and days on market (DOM) suggests that the rental market in 33944 may not be as active or competitive as in other areas. Landlords here do not often find themselves needing to offer concessions to secure tenants, which can lead to a more predictable and stable income stream for those who own rental properties.
However, the absence of a median home value also points to a market that may be less diverse in terms of property types and values. This could mean that the housing stock is relatively uniform, which might limit investment opportunities for small-portfolio investors seeking a mix of property types or values to diversify their holdings.
In summary, 33944 presents itself as a market where homeownership is the dominant form of housing, with minimal pressure on the rental sector. For landlords, this means a potentially less volatile rental environment, but for small-portfolio investors, it could indicate a narrower range of investment options compared to more diverse markets.
Data Sources: FMR data from HUD (2027). 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.