FMR is near market; voucher and private rents are aligned.
0.91
4 BR
4 BR- 33160
0.46ratio
FMR$4,800
Market$10,430
vs market-$5,630
FMR is below market; voucher rent may lag private rents.
0.46
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
--
Mortgage rate
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North Miami Beach, FL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in North Miami Beach, FL is $3,280 a month. That is up 0.6% from $3,260 in FY 2026. North 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 North Miami Beach is 123% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for North Miami Beach, FL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,450
$2,500
+2.0%
$2,250–$2,750
1BR
$2,670
$2,710
+1.5%
$2,439–$2,981
2BR
$3,260
$3,280
+0.6%
$2,952–$3,608
3BR
$4,180
$4,190
+0.2%
$3,771–$4,609
4BR
$4,830
$4,800
−0.6%
$4,320–$5,280
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for North Miami Beach, FL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,500
$2,710
$3,280
$4,190
$4,800
FY 2026
$2,450
$2,670
$3,260
$4,180
$4,830
FY 2025
$2,160
$2,400
$2,940
$3,800
$4,450
FY 2024
$2,040
$2,290
$2,820
$3,670
$4,350
FY 2023
$1,710
$1,940
$2,410
$3,170
$3,760
Questions about North Miami Beach, FL rents
How much will Section 8 pay for a two-bedroom in North Miami Beach, 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 North Miami Beach, FL in?
North 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 North Miami Beach, FL for FY 2027?
The two-bedroom FMR rose 0.6%, from $3,260 in FY 2026 to $3,280 in FY 2027. Since FY 2023 it has risen 36.1%.
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