Location: Orlando-Kissimmee-Sanford, FL | Metro: Orlando-Kissimmee-Sanford, 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 | $1,820 |
| 1 Bedroom | $1,890 |
| 2 Bedrooms | $2,150 |
| 3 Bedrooms | $2,680 |
| 4 Bedrooms | $3,130 |
| 5 Bedrooms | $3,631 |
| 6 Bedrooms | $4,067 |
| 7 Bedrooms | $4,392 |
| 8 Bedrooms | $4,612 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $2,150 | $301,928 | 0.71% | D |
| 3BR | $2,680 | $394,573 | 0.68% | D |
| 4BR | $3,130 | $509,430 | 0.61% | D |
| 5BR | $3,631 | $624,114 | 0.58% | F |
U.S. Census Bureau data (2024)
Clermont, ZIP code 34711, is characterized by its rolling hills and waterfront proximity, distinguishing it from the typical flat Florida terrain. Known as the "Choice of Champions," this city combines a suburban atmosphere with convenient access to the greater Orlando metro area. The local economy benefits significantly from the presence of major institutions like Orlando Health South Lake Hospital, which serves as a key employer and stabilizes the community's economic base. The area features a mix of established neighborhoods and new developments, appealing to families seeking a balance of recreational amenities and urban accessibility.
From a numerical perspective, Clermont presents a compelling case for voucher holders. The FY2026 HUD Fair Market Rent for a 2-bedroom unit is set at $2,250, while the current market rent sits at $1,951, resulting in a favorable gap of $299 in your favor. Additionally, the median home value is $428,225, with a median 2BR sale price of $303,960. Properties here have a median days on market of 66 days, indicating a moderate turnover rate that allows for strategic acquisition without extreme bidding wars.
The tenant pool is bolstered by a median household income of $90,245 and a renter share of 25.3%. This income level suggests a population that can support higher rents, yet the substantial renter share ensures consistent demand. Families are often drawn to the area for its highly-rated school system and the abundance of parks, such as the popular Waterfront Park, which enhances long-term tenant retention prospects. While public transit options are limited compared to the urban core, the local road infrastructure facilitates easy commutes to employment hubs.
For Section 8 investors, the strongest angle is cash flow. The $299 spread between the 2BR FMR ($2,250) and market rent ($1,951) provides a cushion that is increasingly rare in the Orlando metro area. Investors can secure assets at a median 2BR price of $303,960 and achieve immediate, government-backed yields that exceed standard market rates. With demand supported by quality schools and major employers, Clermont 34711 offers a stable environment for maximizing rental income through the Housing Choice Voucher program.
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.