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 | $1,310 |
| 1 Bedroom | $1,330 |
| 2 Bedrooms | $1,590 |
| 3 Bedrooms | $2,180 |
| 4 Bedrooms | $2,330 |
| 5 Bedrooms | $2,703 |
| 6 Bedrooms | $3,027 |
| 7 Bedrooms | $3,269 |
| 8 Bedrooms | $3,432 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,590 | $201,442 | 0.79% | D |
| 3BR | $2,180 | $256,534 | 0.85% | C |
| 4BR | $2,330 | $324,226 | 0.72% | D |
U.S. Census Bureau data (2024)
1320 is the Fair Market Rent (FMR) for ZIP code 34946 in Fort Pierce, FL, for fiscal year 2024, setting a clear benchmark for rental properties in the area. 1002 is the average market rent reported by the Census Bureau's American Community Survey, indicating that Section 8 rates are slightly above the local average, which can be advantageous for landlords. 248,427 represents the median home value in this ZIP code, suggesting that property values are relatively stable and provide a good investment opportunity. 40.7 is the percentage of households that rent, showing a significant demand for rental properties in Fort Pierce. 40,315 is the median income in the area, which is below the national average, making Section 8 housing an essential option for many residents. The day DOM (Days on Market) is not applicable, as this figure typically applies to sales listings rather than rentals. 0.2 is the price-cut share, meaning very few properties in the area require a reduction in asking price to attract tenants, further supporting the stability of the rental market. Given these numbers, it's evident that Section 8 provides a reliable source of steady income for landlords in Fort Pierce, with rates that exceed the local market average and a strong tenant demand. The low price-cut share also indicates minimal risk of vacancy. In conclusion, ZIP code 34946 presents a favorable environment for Section 8 investments.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.