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Lithia, FL

CitySAFMR
Polk County
Found 1 ZIP

City Median Investment Score

74Below average

095130300
BRFMR
Eff. Rent
0 BR$2,330$1,950
1 BR$2,410$1,990
2 BR$2,800$2,120
3 BR$3,580$2,160
4 BR$4,350$2,750
5 BR$5,003Not available
6 BR$5,753Not available
7 BR$6,616Not available
8 BR$7,608Not available

Purchase Price Calculator

Maximum purchase price
$253,115

Cost breakdown

+Likely effective rent$2,120
HUD FMR$2,800
Market rentUsed$2,120
Est. payment standard (90%)$2,520
-Principal and interest-$1,280
Loan amount$202,492
Down payment$50,623
Rate6.50%
Term30 years
-Operating costs-$640
Property taxes-$253
Insurance-$175
Utilities$0
HOA$0
Management-$212
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$33,917(67.0% ROI)
Projected value
$272,577
Return breakdown
Property appreciation+$19,462
Loan principal paid down+$7,255
Rental cash flow+$7,200
5-year hold
+$58,199(115.0% ROI)
Projected value
$286,376
Return breakdown
Property appreciation+$33,261
Loan principal paid down+$12,937
Rental cash flow+$12,000
10-year hold
+$125,721(248.3% ROI)
Projected value
$324,008
Return breakdown
Property appreciation+$70,893
Loan principal paid down+$30,827
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.19
1 BR
1.21
2 BR
1.32
3 BR
1.66
4 BR
1.58
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Lithia, FL fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Lithia, FL is $2,800 a month. That is down 5.7% from $2,970 in FY 2026. Lithia is in the Lakeland-Winter Haven, FL MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Florida is $1,474, so Lithia is 90% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Lithia, FL
BedroomsFY 2027Change90–110% range
Studio$2,330−2.5%$2,097–$2,563
1BR$2,410−5.1%$2,169–$2,651
2BR$2,800−5.7%$2,520–$3,080
3BR$3,580−5.5%$3,222–$3,938
4BR$4,350−5.8%$3,915–$4,785

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Lithia, FL
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,330$2,410$2,800$3,580$4,350
FY 2026$2,390$2,540$2,970$3,790$4,620
FY 2025$2,350$2,530$2,970$3,800$4,620
FY 2024$2,170$2,340$2,780$3,550$4,330
FY 2023$1,940$2,070$2,490$3,190$3,910

Questions about Lithia, FL rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,800, that basic range is $2,520 to $3,080 a month. 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 Lithia, FL in?

Lithia, FL is in the Lakeland-Winter Haven, FL MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

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

The two-bedroom FMR fell 5.7%, from $2,970 in FY 2026 to $2,800 in FY 2027. Since FY 2023 it has risen 12.4%.

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