FMR is near market; voucher and private rents are aligned.
0.96
1 BR
1 BR- 33480
0.77ratio
FMR$2,200
Market$2,840
vs market-$640
FMR is below market; voucher rent may lag private rents.
0.77
2 BR
2 BR- 33480
0.51ratio
FMR$2,570
Market$5,000
vs market-$2,430
FMR is below market; voucher rent may lag private rents.
0.51
3 BR
3 BR- 33480
0.28ratio
FMR$3,340
Market$11,820
vs market-$8,480
FMR is below market; voucher rent may lag private rents.
0.28
4 BR
4 BR- 33480
0.28ratio
FMR$3,850
Market$13,600
vs market-$9,750
FMR is below market; voucher rent may lag private rents.
0.28
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
--
Palm Beach, FL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Palm Beach, FL is $2,570 a month. That is up 6.6% from $2,410 in FY 2026. 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 Palm Beach is 74% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Palm Beach, FL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,910
$2,090
+9.4%
$1,881–$2,299
1BR
$2,030
$2,200
+8.4%
$1,980–$2,420
2BR
$2,410
$2,570
+6.6%
$2,313–$2,827
3BR
$3,120
$3,340
+7.1%
$3,006–$3,674
4BR
$3,620
$3,850
+6.4%
$3,465–$4,235
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Palm Beach, FL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,090
$2,200
$2,570
$3,340
$3,850
FY 2026
$1,910
$2,030
$2,410
$3,120
$3,620
FY 2025
$1,840
$2,050
$2,450
$3,200
$3,830
FY 2024
$1,860
$2,190
$2,630
$3,480
$4,200
FY 2023
$1,550
$1,900
$2,320
$3,100
$3,790
Questions about Palm Beach, FL rents
How much will Section 8 pay for a two-bedroom in Palm Beach, FL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,570, that basic range is $2,313 to $2,827 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 Palm Beach, FL in?
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 Palm Beach, FL for FY 2027?
The two-bedroom FMR rose 6.6%, from $2,410 in FY 2026 to $2,570 in FY 2027. Since FY 2023 it has risen 10.8%.
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