FMR is near market; voucher and private rents are aligned.
0.98
1 BR
1 BR- 33408
0.76ratio
FMR$2,070
Market$2,710
vs market-$640
FMR is below market; voucher rent may lag private rents.
0.76
2 BR
2 BR- 33408
0.83ratio
FMR$2,420
Market$2,900
vs market-$480
FMR is below market; voucher rent may lag private rents.
0.83
3 BR
3 BR- 33408
0.69ratio
FMR$3,140
Market$4,550
vs market-$1,410
FMR is below market; voucher rent may lag private rents.
0.69
4 BR
4 BR- 33408
0.59ratio
FMR$3,630
Market$6,150
vs market-$2,520
FMR is below market; voucher rent may lag private rents.
0.59
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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North Palm Beach, FL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in North Palm Beach, FL is $2,420 a month. That is up 5.7% from $2,290 in FY 2026. North Palm Beach is in the West Palm Beach-Boca Raton, 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 Palm Beach is 64% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for North Palm Beach, FL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,820
$1,970
+8.2%
$1,773–$2,167
1BR
$1,930
$2,070
+7.3%
$1,863–$2,277
2BR
$2,290
$2,420
+5.7%
$2,178–$2,662
3BR
$2,970
$3,140
+5.7%
$2,826–$3,454
4BR
$3,440
$3,630
+5.5%
$3,267–$3,993
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for North Palm Beach, FL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,970
$2,070
$2,420
$3,140
$3,630
FY 2026
$1,820
$1,930
$2,290
$2,970
$3,440
FY 2025
$1,630
$1,820
$2,170
$2,830
$3,390
FY 2024
$1,550
$1,820
$2,190
$2,890
$3,500
FY 2023
$1,240
$1,510
$1,850
$2,470
$3,020
Questions about North Palm Beach, FL rents
How much will Section 8 pay for a two-bedroom in North Palm Beach, FL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,420, that basic range is $2,178 to $2,662 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 Palm Beach, FL in?
North Palm Beach, FL is in the West Palm Beach-Boca Raton, 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 Palm Beach, FL for FY 2027?
The two-bedroom FMR rose 5.7%, from $2,290 in FY 2026 to $2,420 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