FMR is near market; voucher and private rents are aligned.
1.02
3 BR
3 BR- 33850
0.96ratio
FMR$1,840
Market$1,920
vs market-$80
FMR is near market; voucher and private rents are aligned.
0.96
4 BR
4 BR- 33850
1.00ratio
FMR$2,260
Market$2,250
vs market+$10
FMR is near market; voucher and private rents are aligned.
1.00
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
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Lake Alfred, FL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Lake Alfred, FL is $1,350 a month. That is up 7.1% from $1,260 in FY 2026. Lake Alfred 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 Lake Alfred is 8% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Lake Alfred, FL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,030
$1,110
+7.8%
$999–$1,221
1BR
$1,040
$1,110
+6.7%
$999–$1,221
2BR
$1,260
$1,350
+7.1%
$1,215–$1,485
3BR
$1,700
$1,840
+8.2%
$1,656–$2,024
4BR
$2,110
$2,260
+7.1%
$2,034–$2,486
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Lake Alfred, FL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,110
$1,110
$1,350
$1,840
$2,260
FY 2026
$1,030
$1,040
$1,260
$1,700
$2,110
FY 2025
$920
$920
$1,130
$1,520
$1,910
FY 2024
$850
$860
$1,060
$1,420
$1,800
FY 2023
$830
$830
$1,030
$1,390
$1,750
Questions about Lake Alfred, FL rents
How much will Section 8 pay for a two-bedroom in Lake Alfred, 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 $1,350 it would be $1,215 to $1,485. 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 Lake Alfred, FL in?
Lake Alfred, 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 Lake Alfred, FL for FY 2027?
The two-bedroom FMR rose 7.1%, from $1,260 in FY 2026 to $1,350 in FY 2027. Since FY 2023 it has risen 31.1%.
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