FMR is near market; voucher and private rents are aligned.
0.97
1 BR
1 BR- 33851
0.87ratio
FMR$1,320
Market$1,510
vs market-$190
FMR is below market; voucher rent may lag private rents.
0.87
2 BR
2 BR- 33851
0.95ratio
FMR$1,580
Market$1,660
vs market-$80
FMR is near market; voucher and private rents are aligned.
0.95
3 BR
3 BR- 33851
1.16ratio
FMR$2,170
Market$1,870
vs market+$300
FMR is above market; underwrite to market rent.
1.16
4 BR
4 BR- 33851
1.19ratio
FMR$2,640
Market$2,220
vs market+$420
FMR is above market; underwrite to market rent.
1.19
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 Hamilton, FL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Lake Hamilton, FL is $1,580 a month. That is up 9.0% from $1,450 in FY 2026. Lake Hamilton 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 Hamilton is 7% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Lake Hamilton, FL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,190
$1,240
+4.2%
$1,116–$1,364
1BR
$1,190
$1,320
+10.9%
$1,188–$1,452
2BR
$1,450
$1,580
+9.0%
$1,422–$1,738
3BR
$1,960
$2,170
+10.7%
$1,953–$2,387
4BR
$2,440
$2,640
+8.2%
$2,376–$2,904
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Lake Hamilton, FL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,240
$1,320
$1,580
$2,170
$2,640
FY 2026
$1,190
$1,190
$1,450
$1,960
$2,440
FY 2025
$1,000
$1,010
$1,240
$1,670
$2,080
FY 2024
$1,010
$1,010
$1,250
$1,680
$2,120
FY 2023
$980
$990
$1,220
$1,650
$2,080
Questions about Lake Hamilton, FL rents
How much will Section 8 pay for a two-bedroom in Lake Hamilton, 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 $1,580 it would be $1,422 to $1,738. 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 Hamilton, FL in?
Lake Hamilton, 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 Hamilton, FL for FY 2027?
The two-bedroom FMR rose 9.0%, from $1,450 in FY 2026 to $1,580 in FY 2027. Since FY 2023 it has risen 29.5%.
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