FL/Monroe County/KEY LARGO
KEY LARGO, FL
CitySAFMR
Monroe County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$1,690$1,860
1 BR$2,160$2,380
2 BR$2,450$2,700
3 BR$3,230$3,550
4 BR$3,240$3,560
5 BR$3,726
6 BR$4,285
7 BR$4,928
8 BR$5,667

Purchase Price Calculator

Maximum purchase price
$339,302

Cost breakdown

+Likely effective rent$2,700
HUD FMR$2,450
Market rent$3,280
Est. payment standard (110%)Used$2,700
Estimated payment standard is $2,700 (110% of FMR).
-Principal and interest-$1,716
Loan amount$271,442
Down payment$67,860
Rate6.50%
Term30 years
-Operating costs-$784
Property taxes-$339
Insurance-$175
Utilities$0
HOA$0
Management-$270
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$43,014(63.4% ROI)
Projected value
$365,392
Current value$339,302
Return breakdown
Property appreciation+$26,089
Loan principal paid down+$9,725
Rental cash flow+$7,200
5-year hold
+$73,930(108.9% ROI)
Projected value
$383,890
Current value$339,302
Return breakdown
Property appreciation+$44,587
Loan principal paid down+$17,342
Rental cash flow+$12,000
10-year hold
+$160,357(236.3% ROI)
Projected value
$434,336
Current value$339,302
Return breakdown
Property appreciation+$95,033
Loan principal paid down+$41,324
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio- 33037
0.64ratio
FMR$1,690
Market$2,660
vs market-$970

FMR is below market; voucher rent may lag private rents.

90% standard$1,521 / 0.57 ratio110% standard$1,859 / 0.70 ratio
0.64
1 BR
1 BR- 33037
0.72ratio
FMR$2,160
Market$2,980
vs market-$820

FMR is below market; voucher rent may lag private rents.

90% standard$1,944 / 0.65 ratio110% standard$2,376 / 0.80 ratio
0.72
2 BR
2 BR- 33037
0.75ratio
FMR$2,450
Market$3,280
vs market-$830

FMR is below market; voucher rent may lag private rents.

90% standard$2,205 / 0.67 ratio110% standard$2,695 / 0.82 ratio
0.75
3 BR
3 BR- 33037
0.84ratio
FMR$3,230
Market$3,860
vs market-$630

FMR is below market; voucher rent may lag private rents.

90% standard$2,907 / 0.75 ratio110% standard$3,553 / 0.92 ratio
0.84
4 BR
4 BR- 33037
0.61ratio
FMR$3,240
Market$5,340
vs market-$2,100

FMR is below market; voucher rent may lag private rents.

90% standard$2,916 / 0.55 ratio110% standard$3,564 / 0.67 ratio
0.61
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for all bedroom sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for KEY LARGO, FL (FL) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

Related ZIPs

KEY LARGO, FL fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for KEY LARGO, FL shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,450 and the 4 bedroom fair market rent is $3,240.

Use this page for searches like KEY LARGO, FL FMR, KEY LARGO, FL fair market rent, and KEY LARGO, FL Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for KEY LARGO, FL
Bedroom sizeHUD FMR
Studio$1,690
1 bedroom$2,160
2 bedroom$2,450
3 bedroom$3,230
4 bedroom$3,240