City Median Investment Score
5Below average
| BR | FMR | Eff. Rent | 3Y CAGR |
|---|---|---|---|
| 0 BR | $1,280 – $1,730▲ | $1,410 – $1,900 | 3.5% |
| 1 BR | $1,690 – $2,290▲ | $1,730 – $2,500 | 9.2% |
| 2 BR | $1,840 – $2,490▲ | $2,020 – $2,720 | 5.8% |
| 3 BR | $2,340 – $3,160▲ | $2,570 – $3,450 | 4.1% |
| 4 BR | $2,540 – $3,440▲ | $2,790 – $3,750 | 5.4% |
| 5 BR | $3,450▲ | —Not available | 5.4% |
| 6 BR | $3,967▲ | —Not available | 5.4% |
| 7 BR | $4,563▲ | —Not available | 5.4% |
| 8 BR | $5,247▲ | —Not available | 5.4% |
Public Housing Authority
Rolodex
Market Alignment
FMR is below market; voucher rent may lag private rents.
FMR is below market; voucher rent may lag private rents.
FMR is below market; voucher rent may lag private rents.
FMR is below market; voucher rent may lag private rents.
FMR is below market; voucher rent may lag private rents.
FMR is near market; voucher and private rents are aligned.
FMR is near market; voucher and private rents are aligned.
FMR is below market; voucher rent may lag private rents.
FMR is below market; voucher rent may lag private rents.
FMR is below market; voucher rent may lag private rents.
FMR is below market; voucher rent may lag private rents.
FMR is below market; voucher rent may lag private rents.
FMR is near market; voucher and private rents are aligned.
FMR is near market; voucher and private rents are aligned.
FMR is near market; voucher and private rents are aligned.
FMR is near market; voucher and private rents are aligned.
FMR is above market; underwrite to market rent.
FMR is below market; voucher rent may lag private rents.
FMR is below market; voucher rent may lag private rents.
FMR is below market; voucher rent may lag private rents.
FMR is below market; voucher rent may lag private rents.
FMR is below market; voucher rent may lag private rents.
FMR is below market; voucher rent may lag private rents.
FMR is below market; voucher rent may lag private rents.
FMR is near market; voucher and private rents are aligned.
FMR is near market; voucher and private rents are aligned.
FMR is below market; voucher rent may lag private rents.
FMR is below market; voucher rent may lag private rents.
FMR is below market; voucher rent may lag private rents.
FMR is below market; voucher rent may lag private rents.
FMR is below market; voucher rent may lag private rents.
FMR is near market; voucher and private rents are aligned.
FMR is above market; underwrite to market rent.
FMR is below market; voucher rent may lag private rents.
FMR is below market; voucher rent may lag private rents.
FMR is below market; voucher rent may lag private rents.
FMR is below market; voucher rent may lag private rents.
FMR is near market; voucher and private rents are aligned.
- FMR
- FY2027
- Market rent
- last ~365 days
- Property value
- --
- Tax rate
- --
- Mortgage rate
- --
Naples, FL fair market rent, FY 2027
For FY 2027, HUD's two-bedroom Small Area Fair Market Rent across the 17 ZIP codes in Naples, FL ranges from $1,840 to $2,490 a month, with a median of $2,170. That is up 3.8% from $2,090 in FY 2026. Naples is in the Naples-Marco Island, FL MSA. 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 metro-wide two-bedroom FMR of $2,036. The median county two-bedroom FMR in Florida is $1,474, so Naples is 47% above it.
FY 2027 rent by bedroom
| Bedrooms | FY 2026 | FY 2027 | Change | 90–110% range |
|---|---|---|---|---|
| Studio | $1,470 | $1,510 | +2.7% | $1,359–$1,661 |
| 1BR | $1,890 | $1,990 | +5.3% | $1,791–$2,189 |
| 2BR | $2,090 | $2,170 | +3.8% | $1,953–$2,387 |
| 3BR | $2,720 | $2,750 | +1.1% | $2,475–$3,025 |
| 4BR | $2,950 | $3,000 | +1.7% | $2,700–$3,300 |
Fair market rent history, FY 2023–2027
| Fiscal year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY 2027 | $1,510 | $1,990 | $2,170 | $2,750 | $3,000 |
| FY 2026 | $1,470 | $1,890 | $2,090 | $2,720 | $2,950 |
| FY 2025 | $1,430 | $1,670 | $1,950 | $2,570 | $2,790 |
| FY 2024 | $1,360 | $1,530 | $1,830 | $2,440 | $2,560 |
| FY 2023 | $1,310 | $1,500 | $1,830 | $2,440 | $2,520 |
Two-bedroom rent by ZIP code
| ZIP code | 2 bedroom | vs. median |
|---|---|---|
| 34120 | $2,490 | +14.7% |
| 34108 | $2,470 | +13.8% |
| 34103 | $2,340 | +7.8% |
| 34114 | $2,320 | +6.9% |
| 34105 | $2,260 | +4.1% |
| 34119 | $2,250 | +3.7% |
| 34110 | $2,220 | +2.3% |
| 34109 | $2,180 | +0.5% |
| 34113 | $2,170 | 0.0% |
| 34101 | $2,040 | −6.0% |
| 34106 | $2,040 | −6.0% |
| 34107 | $2,040 | −6.0% |
| 34104 | $2,010 | −7.4% |
| 34117 | $2,000 | −7.8% |
| 34116 | $1,940 | −10.6% |
| 34102 | $1,850 | −14.7% |
| 34112 | $1,840 | −15.2% |
Questions about Naples, FL rents
How much will Section 8 pay for a two-bedroom in Naples, FL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,036, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,832 to $2,240 a month; under the ZIP-level Small Area FMR of $2,170 it would be $1,953 to $2,387. 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 Naples, FL in?
Naples, FL is in the Naples-Marco Island, FL MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,036.
How much did fair market rent change in Naples, FL for FY 2027?
The two-bedroom FMR rose 3.8%, from $2,090 in FY 2026 to $2,170 in FY 2027. Since FY 2023 it has risen 18.6%.
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