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FL/Monroe County/Marathon Shores

Marathon Shores, FL

CitySAFMR
Monroe County
Found 1 ZIP
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City Median Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$1,570$1,730
1 BR$2,030$2,230
2 BR$2,260$2,490
3 BR$2,980$3,280
4 BR$2,990$3,290
5 BR$3,438Not available
6 BR$3,954Not available
7 BR$4,547Not available
8 BR$5,230Not available

Purchase Price Calculator

Maximum purchase price
$308,096

Cost breakdown

+Likely effective rent$2,490
HUD FMR$2,260
Market rent$3,900
Est. payment standard (110%)Used$2,490
-Principal and interest-$1,558
Loan amount$246,477
Down payment$61,619
Rate6.50%
Term30 years
-Operating costs-$732
Property taxes-$308
Insurance-$175
Utilities$0
HOA$0
Management-$249
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$39,720(64.5% ROI)
Projected value
$331,786
Return breakdown
Property appreciation+$23,690
Loan principal paid down+$8,831
Rental cash flow+$7,200
5-year hold
+$68,234(110.7% ROI)
Projected value
$348,583
Return breakdown
Property appreciation+$40,486
Loan principal paid down+$15,747
Rental cash flow+$12,000
10-year hold
+$147,816(239.9% ROI)
Projected value
$394,390
Return breakdown
Property appreciation+$86,293
Loan principal paid down+$37,523
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.53
1 BR
0.65
2 BR
0.58
3 BR
0.67
4 BR
0.52
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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Marathon Shores, FL fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Marathon Shores, FL is $2,260 a month. That is down 9.6% from $2,500 in FY 2026. Marathon Shores is in the Monroe County, FL non-metropolitan FMR area. 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 county-wide two-bedroom FMR of $2,254. The median county two-bedroom FMR in Florida is $1,474, so Marathon Shores is 53% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Marathon Shores, FL
BedroomsFY 2027Change90–110% range
Studio$1,570−8.7%$1,413–$1,727
1BR$2,030−8.1%$1,827–$2,233
2BR$2,260−9.6%$2,034–$2,486
3BR$2,980−9.7%$2,682–$3,278
4BR$2,990−9.7%$2,691–$3,289

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Marathon Shores, FL
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,570$2,030$2,260$2,980$2,990
FY 2026$1,720$2,210$2,500$3,300$3,310
FY 2025$1,560$1,900$2,270$3,020$3,340
FY 2024area FMR$1,556$1,730$2,139$2,812$3,426
FY 2023area FMR$1,497$1,597$2,023$2,569$3,433

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Questions about Marathon Shores, FL rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $2,254, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,029 to $2,479 a month; under the ZIP-level Small Area FMR of $2,260 it would be $2,034 to $2,486. 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 Marathon Shores, FL in?

Marathon Shores, FL is in the Monroe County, FL non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $2,254.

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

The two-bedroom FMR fell 9.6%, from $2,500 in FY 2026 to $2,260 in FY 2027. Since FY 2025 it has fallen 0.4%.

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