FMR is below market; voucher rent may lag private rents.
0.76
1 BR
1 BR- 34228
0.67ratio
FMR$2,810
Market$4,220
vs market-$1,410
FMR is below market; voucher rent may lag private rents.
0.67
2 BR
2 BR- 34228
0.88ratio
FMR$3,280
Market$3,720
vs market-$440
FMR is below market; voucher rent may lag private rents.
0.88
3 BR
3 BR- 34228
0.81ratio
FMR$4,160
Market$5,140
vs market-$980
FMR is below market; voucher rent may lag private rents.
0.81
4 BR
4 BR- 34228
0.69ratio
FMR$4,960
Market$7,230
vs market-$2,270
FMR is below market; voucher rent may lag private rents.
0.69
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
--
Longboat Key, FL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Longboat Key, FL is $3,280 a month. That is up 11.6% from $2,940 in FY 2026. Longboat Key is in the North Port-Bradenton-Sarasota, 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 Longboat Key is 123% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Longboat Key, FL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,130
$2,620
+23.0%
$2,358–$2,882
1BR
$2,530
$2,810
+11.1%
$2,529–$3,091
2BR
$2,940
$3,280
+11.6%
$2,952–$3,608
3BR
$3,810
$4,160
+9.2%
$3,744–$4,576
4BR
$4,540
$4,960
+9.3%
$4,464–$5,456
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Longboat Key, FL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,620
$2,810
$3,280
$4,160
$4,960
FY 2026
$2,130
$2,530
$2,940
$3,810
$4,540
FY 2025
$1,900
$2,370
$2,770
$3,640
$4,360
FY 2024
$1,840
$2,250
$2,720
$3,620
$4,310
FY 2023
$1,600
$1,920
$2,390
$3,170
$3,770
Questions about Longboat Key, FL rents
How much will Section 8 pay for a two-bedroom in Longboat Key, FL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $3,280, that basic range is $2,952 to $3,608 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 Longboat Key, FL in?
Longboat Key, FL is in the North Port-Bradenton-Sarasota, 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 Longboat Key, FL for FY 2027?
The two-bedroom FMR rose 11.6%, from $2,940 in FY 2026 to $3,280 in FY 2027. Since FY 2023 it has risen 37.2%.
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