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FL/Polk County/Eaton Park

Eaton Park, FL

CitySAFMR
Polk County
Found 1 ZIP
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City Median Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$1,430$1,020
1 BR$1,520$1,180
2 BR$1,830$1,640
3 BR$2,520$1,710
4 BR$3,060$2,010
5 BR$3,519Not available
6 BR$4,047Not available
7 BR$4,654Not available
8 BR$5,352Not available

Purchase Price Calculator

Maximum purchase price
$181,787

Cost breakdown

+Likely effective rent$1,640
HUD FMR$1,830
Market rentUsed$1,640
Est. payment standard (93%)$1,710
-Principal and interest-$919
Loan amount$145,429
Down payment$36,357
Rate6.50%
Term30 years
-Operating costs-$521
Property taxes-$182
Insurance-$175
Utilities$0
HOA$0
Management-$164
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$26,388(72.6% ROI)
Projected value
$195,765
Return breakdown
Property appreciation+$13,978
Loan principal paid down+$5,210
Rental cash flow+$7,200
5-year hold
+$45,180(124.3% ROI)
Projected value
$205,675
Return breakdown
Property appreciation+$23,888
Loan principal paid down+$9,292
Rental cash flow+$12,000
10-year hold
+$97,056(266.9% ROI)
Projected value
$232,703
Return breakdown
Property appreciation+$50,916
Loan principal paid down+$22,140
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.40
1 BR
1.29
2 BR
1.12
3 BR
1.47
4 BR
1.52
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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Eaton Park, FL fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Eaton Park, FL is $1,830 a month. That is up 6.4% from $1,720 in FY 2026. Eaton Park is in the Lakeland-Winter Haven, FL MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,608. The median county two-bedroom FMR in Florida is $1,474, so Eaton Park is 24% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Eaton Park, FL
BedroomsFY 2027Change90–110% range
Studio$1,430+1.4%$1,287–$1,573
1BR$1,520+7.8%$1,368–$1,672
2BR$1,830+6.4%$1,647–$2,013
3BR$2,520+8.6%$2,268–$2,772
4BR$3,060+5.9%$2,754–$3,366

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Eaton Park, FL
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,430$1,520$1,830$2,520$3,060
FY 2026$1,410$1,410$1,720$2,320$2,890
FY 2025$1,230$1,230$1,510$2,030$2,540
FY 2024$1,010$1,010$1,250$1,680$2,120
FY 2023$930$940$1,160$1,570$1,980

Questions about Eaton Park, FL rents

How much will Section 8 pay for a two-bedroom in Eaton Park, FL?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,608, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,447 to $1,769 a month; under the ZIP-level Small Area FMR of $1,830 it would be $1,647 to $2,013. 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 Eaton Park, FL in?

Eaton Park, FL is in the Lakeland-Winter Haven, FL MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,608.

How much did fair market rent change in Eaton Park, FL for FY 2027?

The two-bedroom FMR rose 6.4%, from $1,720 in FY 2026 to $1,830 in FY 2027. Since FY 2023 it has risen 57.8%.

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