FMR is below market; voucher rent may lag private rents.
0.73
1 BR
1 BR- 33868
0.76ratio
FMR$1,130
Market$1,490
vs market-$360
FMR is below market; voucher rent may lag private rents.
0.76
2 BR
2 BR- 33868
0.84ratio
FMR$1,360
Market$1,610
vs market-$250
FMR is below market; voucher rent may lag private rents.
0.84
3 BR
3 BR- 33868
0.93ratio
FMR$1,870
Market$2,010
vs market-$140
FMR is near market; voucher and private rents are aligned.
0.93
4 BR
4 BR- 33868
1.01ratio
FMR$2,270
Market$2,250
vs market+$20
FMR is near market; voucher and private rents are aligned.
1.01
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
--
Polk City, FL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Polk City, FL is $1,360 a month. That is up 6.3% from $1,280 in FY 2026. Polk City is in the Lakeland-Winter Haven, 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 $1,608. The median county two-bedroom FMR in Florida is $1,474, so Polk City is 8% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Polk City, FL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,050
$1,110
+5.7%
$999–$1,221
1BR
$1,050
$1,130
+7.6%
$1,017–$1,243
2BR
$1,280
$1,360
+6.3%
$1,224–$1,496
3BR
$1,730
$1,870
+8.1%
$1,683–$2,057
4BR
$2,150
$2,270
+5.6%
$2,043–$2,497
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Polk City, FL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,110
$1,130
$1,360
$1,870
$2,270
FY 2026
$1,050
$1,050
$1,280
$1,730
$2,150
FY 2025
$960
$960
$1,180
$1,590
$1,980
FY 2024
$890
$900
$1,110
$1,490
$1,880
FY 2023
$840
$840
$1,040
$1,410
$1,770
Questions about Polk City, FL rents
How much will Section 8 pay for a two-bedroom in Polk City, FL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,608, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,447 to $1,769 a month; under the ZIP-level Small Area FMR of $1,360 it would be $1,224 to $1,496. 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 Polk City, FL in?
Polk City, FL is in the Lakeland-Winter Haven, FL MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,608.
How much did fair market rent change in Polk City, FL for FY 2027?
The two-bedroom FMR rose 6.3%, from $1,280 in FY 2026 to $1,360 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