Location: Port St. Lucie, FL | Metro: Port St. Lucie, 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 | $1,430 |
| 1 Bedroom | $1,440 |
| 2 Bedrooms | $1,760 |
| 3 Bedrooms | $2,300 |
| 4 Bedrooms | $2,530 |
| 5 Bedrooms | $2,935 |
| 6 Bedrooms | $3,287 |
| 7 Bedrooms | $3,550 |
| 8 Bedrooms | $3,728 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,760 | $377,719 | 0.47% | F |
| 3BR | $2,300 | $422,660 | 0.54% | F |
| 4BR | $2,530 | $370,478 | 0.68% | D |
U.S. Census Bureau data (2024)
1670 is the Fair Market Rent (FMR) for ZIP code 34945 in Fort Pierce, FL, for fiscal year 2024, set by HUD. 1558 represents the average market rent for the area, according to the Census Bureau's American Community Survey. This gap suggests a potential opportunity for landlords who can offer properties below the FMR but above the typical market rent. 404,508 is the median home value in the region, indicating a middle-class neighborhood where property values are relatively stable. 7.8% is the percentage of households that rent, which is lower than many other areas, implying a smaller pool of tenants. However, 87,568 is the median income, which is sufficient to support rental payments at or slightly above the market rate. The lack of a specified days on market (DOM) figure and the 0.3% price-cut share suggest that the housing market is efficient and that once a property is priced correctly, it sells without significant adjustments. In conclusion, given the data, landlords and small-portfolio investors in Fort Pierce, FL, should consider the Section 8 program as a viable option for filling vacancies, especially in units priced between $1,558 and $1,670.
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.