FMR is below market; voucher rent may lag private rents.
0.87
1 BR
1 BR- 34215
1.01ratio
FMR$1,840
Market$1,830
vs market+$10
FMR is near market; voucher and private rents are aligned.
1.01
2 BR
2 BR- 34215
0.56ratio
FMR$2,150
Market$3,870
vs market-$1,720
FMR is below market; voucher rent may lag private rents.
0.56
3 BR
3 BR- 34215
0.40ratio
FMR$2,720
Market$6,790
vs market-$4,070
FMR is below market; voucher rent may lag private rents.
0.40
4 BR
4 BR- 34215
0.55ratio
FMR$3,240
Market$5,870
vs market-$2,630
FMR is below market; voucher rent may lag private rents.
0.55
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
Cortez, FL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Cortez, FL is $2,150 a month. That is up 12.0% from $1,920 in FY 2026. Cortez is in the North Port-Bradenton-Sarasota, FL MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Florida is $1,474, so Cortez is 46% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Cortez, FL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,390
$1,710
+23.0%
$1,539–$1,881
1BR
$1,650
$1,840
+11.5%
$1,656–$2,024
2BR
$1,920
$2,150
+12.0%
$1,935–$2,365
3BR
$2,480
$2,720
+9.7%
$2,448–$2,992
4BR
$2,970
$3,240
+9.1%
$2,916–$3,564
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Cortez, FL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,710
$1,840
$2,150
$2,720
$3,240
FY 2026
$1,390
$1,650
$1,920
$2,480
$2,970
FY 2025
$1,230
$1,540
$1,800
$2,360
$2,830
FY 2024
$1,230
$1,510
$1,820
$2,420
$2,880
FY 2023
$1,090
$1,300
$1,630
$2,160
$2,570
Questions about Cortez, FL rents
How much will Section 8 pay for a two-bedroom in Cortez, FL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,150, that basic range is $1,935 to $2,365 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Cortez, FL in?
Cortez, FL is in the North Port-Bradenton-Sarasota, FL MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Cortez, FL for FY 2027?
The two-bedroom FMR rose 12.0%, from $1,920 in FY 2026 to $2,150 in FY 2027. Since FY 2023 it has risen 31.9%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set