Section 8 Fair Market Rent (FMR) for ZIP 34250 - 2027

Location: North Port-Bradenton-Sarasota, FL | Metro: North Port-Bradenton-Sarasota, FL MSA

Investment Score for ZIP 34250

N/A

Monthly Rent (2BR)

$2,050

Median Price (2BR)

$N/A

1% Rule

Annual Yield

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	$1,640
1 Bedroom	$1,760
2 Bedrooms	$2,050
3 Bedrooms	$2,600
4 Bedrooms	$3,100
5 Bedrooms	$3,596
6 Bedrooms	$4,028
7 Bedrooms	$4,350
8 Bedrooms	$4,568

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
3BR	$2,600	$808,246	0.32%	F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

617

Median Household Income

$188,319

Housing Units

331

Renter Percentage

8.8%

Occupancy Rate

75.5%

Renter Occupied

The ZIP code 34250, located in Sarasota, Florida, offers a unique blend of coastal living and suburban comfort, attracting both retirees and young professionals. The area benefits from a strong economy and a high median income, making it an attractive location for rental investments.

The Fair Market Rent (FMR) for ZIP 34250 in fiscal year 2024 is set at $1720. This figure represents the maximum amount that a low-income family should pay for housing under the Section 8 program.
Although the market rent is currently N/A, the high median income of $188,319 suggests that there is significant demand for quality rental properties, which can command premium rates.
The median home value in the area is $744,668, indicating a robust real estate market where investment properties can hold substantial equity.
Renters make up 8.8% of the population in ZIP 34250, which is relatively low but still presents opportunities for those looking to invest in smaller-scale rental properties.
The Days on Market (DOM) for rental listings is N/A, possibly due to limited recent activity, but given the strong local economy, properties are likely to be leased quickly once listed.
The high median income implies that residents have the financial capacity to afford higher rents, making the area particularly suitable for luxury rental units or homes.

Synthesizing these points, ZIP 34250 presents a favorable environment for real-estate investors, especially those interested in Section 8 housing or luxury rentals. Despite the lack of precise market rent data, the high median income and median home values suggest that well-maintained properties can attract tenants willing to pay above the FMR. Additionally, the relatively low renter share indicates potential for growth in the rental market, as more individuals may choose to rent rather than buy in this expensive area. For landlords and small-portfolio investors, focusing on properties that cater to the needs of high-income renters could yield strong returns.

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.