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FL/Seminole County/Mid Florida

Mid Florida, FL

CityFMR
Seminole County
Found 1 ZIP
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City Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$1,658$1,220
1 BR$1,726$1,220
2 BR$1,959$1,810
3 BR$2,445$2,190
4 BR$2,856$2,600
5 BR$3,284Not available
6 BR$3,777Not available
7 BR$4,344Not available
8 BR$4,995Not available

Purchase Price Calculator

Maximum purchase price
$207,049

Cost breakdown

+Likely effective rent$1,810
HUD FMR$1,959
Market rentUsed$1,810
Est. payment standard (95%)$1,860
-Principal and interest-$1,047
Loan amount$165,639
Down payment$41,410
Rate6.50%
Term30 years
-Operating costs-$563
Property taxes-$207
Insurance-$175
Utilities$0
HOA$0
Management-$181
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$29,055(70.2% ROI)
Projected value
$222,969
Return breakdown
Property appreciation+$15,920
Loan principal paid down+$5,934
Rental cash flow+$7,200
5-year hold
+$49,791(120.2% ROI)
Projected value
$234,257
Return breakdown
Property appreciation+$27,208
Loan principal paid down+$10,583
Rental cash flow+$12,000
10-year hold
+$107,208(258.9% ROI)
Projected value
$265,040
Return breakdown
Property appreciation+$57,991
Loan principal paid down+$25,217
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.36
1 BR
1.41
2 BR
1.08
3 BR
1.12
4 BR
1.10
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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Mid Florida, FL fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in Mid Florida, FL is $1,959 a month. That is down 0.7% from $1,972 in FY 2026. Mid Florida is in the Orlando-Kissimmee-Sanford, 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 Mid Florida is 33% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Mid Florida, FL
BedroomsFY 2027Change90–110% range
Studio$1,658+0.5%$1,492–$1,824
1BR$1,726−0.3%$1,553–$1,899
2BR$1,959−0.7%$1,763–$2,155
3BR$2,445−1.3%$2,201–$2,690
4BR$2,856−2.3%$2,570–$3,142

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Mid Florida, FL
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,658$1,726$1,959$2,445$2,856
FY 2026$1,650$1,731$1,972$2,476$2,924
FY 2025$1,636$1,727$1,958$2,486$2,960
FY 2024$1,558$1,638$1,857$2,362$2,849
FY 2023$1,338$1,422$1,616$2,064$2,503

Questions about Mid Florida, FL rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,959, that basic range is $1,763 to $2,155 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 Mid Florida, FL in?

Mid Florida, FL is in the Orlando-Kissimmee-Sanford, 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 Mid Florida, FL for FY 2027?

The two-bedroom FMR fell 0.7%, from $1,972 in FY 2026 to $1,959 in FY 2027. Since FY 2023 it has risen 21.2%.

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 Fair Market Rents. 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