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FL/Polk County/Highland City

Highland City, 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$1,260$1,250
1 BR$1,340$1,240
2 BR$1,610$1,390
3 BR$2,210$1,980
4 BR$2,690$2,410
5 BR$3,093Not available
6 BR$3,558Not available
7 BR$4,091Not available
8 BR$4,705Not available

Purchase Price Calculator

Maximum purchase price
$144,637

Cost breakdown

+Likely effective rent$1,390
HUD FMR$1,610
Market rentUsed$1,390
Est. payment standard (91%)$1,470
-Principal and interest-$731
Loan amount$115,710
Down payment$28,927
Rate6.50%
Term30 years
-Operating costs-$459
Property taxes-$145
Insurance-$175
Utilities$0
HOA$0
Management-$139
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$22,467(77.7% ROI)
Projected value
$155,758
Return breakdown
Property appreciation+$11,121
Loan principal paid down+$4,146
Rental cash flow+$7,200
5-year hold
+$38,399(132.7% ROI)
Projected value
$163,643
Return breakdown
Property appreciation+$19,006
Loan principal paid down+$7,393
Rental cash flow+$12,000
10-year hold
+$82,126(283.9% ROI)
Projected value
$185,148
Return breakdown
Property appreciation+$40,511
Loan principal paid down+$17,615
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.01
1 BR
1.08
2 BR
1.16
3 BR
1.12
4 BR
1.12
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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Highland City, FL fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Highland City, FL is $1,610 a month. That is up 7.3% from $1,500 in FY 2026. Highland City 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 Highland City is 9% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Highland City, FL
BedroomsFY 2027Change90–110% range
Studio$1,260+2.4%$1,134–$1,386
1BR$1,340+8.9%$1,206–$1,474
2BR$1,610+7.3%$1,449–$1,771
3BR$2,210+8.9%$1,989–$2,431
4BR$2,690+6.7%$2,421–$2,959

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Highland City, FL
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,260$1,340$1,610$2,210$2,690
FY 2026$1,230$1,230$1,500$2,030$2,520
FY 2025$1,090$1,090$1,340$1,800$2,250
FY 2024$1,010$1,010$1,250$1,680$2,120
FY 2023$930$940$1,160$1,570$1,980

Questions about Highland City, FL rents

How much will Section 8 pay for a two-bedroom in Highland City, 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 $1,610 it would be $1,449 to $1,771. 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 Highland City, FL in?

Highland City, 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 Highland City, FL for FY 2027?

The two-bedroom FMR rose 7.3%, from $1,500 in FY 2026 to $1,610 in FY 2027. Since FY 2023 it has risen 38.8%.

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