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FL/Miami-Dade County/Miami Beach

Miami Beach, FL

CitySAFMR
Miami-Dade County
Found 7 ZIPs
Zillow

City Median Investment Score

10Below average

095130300
BRFMR
Eff. Rent
0 BR$1,950 – $2,810$1,680 – $2,440
1 BR$2,120 – $3,050$1,760 – $3,360
2 BR$2,560 – $3,690$2,820 – $4,060
3 BR$3,270 – $4,710$3,370 – $5,180
4 BR$3,740 – $5,390$4,100 – $5,930
5 BR$5,428Not available
6 BR$6,242Not available
7 BR$7,179Not available
8 BR$8,255Not available

Public Housing Authority

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Rolodex

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Market Alignment

Studio
3
0.80-1.32
1 BR
1
1
1
1
1
1
1
0.66-1.20
2 BR
3
0.53-0.90
3 BR
4
0.38-0.96
4 BR
4
0.35-0.87
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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Miami Beach, FL fair market rent, FY 2027

For FY 2027, HUD's two-bedroom Small Area Fair Market Rent across the 7 ZIP codes in Miami Beach, FL ranges from $2,560 to $3,690 a month, with a median of $3,230. That is up 5.2% from $3,070 in FY 2026. Miami Beach is in the Miami-Miami Beach-Kendall, FL HUD Metro FMR Area, 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 Miami Beach is 119% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Miami Beach, FL
BedroomsFY 2027Change90–110% range
Studio$2,460+7.0%$2,214–$2,706
1BR$2,670+6.4%$2,403–$2,937
2BR$3,230+5.2%$2,907–$3,553
3BR$4,130+4.8%$3,717–$4,543
4BR$4,720+3.7%$4,248–$5,192

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Miami Beach, FL
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,460$2,670$3,230$4,130$4,720
FY 2026$2,300$2,510$3,070$3,940$4,550
FY 2025$2,140$2,370$2,910$3,760$4,410
FY 2024$2,150$2,410$2,970$3,870$4,590
FY 2023$1,750$1,990$2,470$3,250$3,850

Two-bedroom rent by ZIP code

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. median
33109$3,690+14.2%
33139$3,570+10.5%
33154$3,270+1.2%
33140$3,2300.0%
33141$2,900−10.2%
33119$2,560−20.7%
33239$2,560−20.7%

Questions about Miami Beach, FL rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $3,230, that basic range is $2,907 to $3,553 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 Miami Beach, FL in?

Miami Beach, FL is in the Miami-Miami Beach-Kendall, FL HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

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

The two-bedroom FMR rose 5.2%, from $3,070 in FY 2026 to $3,230 in FY 2027. Since FY 2023 it has risen 30.8%.

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

County fair market rentFL statewide rentsWhat is SAFMR?Data sources