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FL/Pinellas County/Safety Harbor

Safety Harbor, FL

CitySAFMR
Pinellas County
Found 1 ZIP

City Median Investment Score

84Below average

095130300
BRFMR
Eff. Rent
0 BR$1,770$1,740
1 BR$1,830$1,890
2 BR$2,130$2,230
3 BR$2,720$2,990
4 BR$3,310$3,640
5 BR$3,806Not available
6 BR$4,377Not available
7 BR$5,034Not available
8 BR$5,789Not available

Purchase Price Calculator

Maximum purchase price
$269,461

Cost breakdown

+Likely effective rent$2,230
HUD FMR$2,130
Market rent$2,290
Est. payment standard (105%)Used$2,230
-Principal and interest-$1,363
Loan amount$215,568
Down payment$53,892
Rate6.50%
Term30 years
-Operating costs-$667
Property taxes-$269
Insurance-$175
Utilities$0
HOA$0
Management-$223
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$35,642(66.1% ROI)
Projected value
$290,180
Return breakdown
Property appreciation+$20,719
Loan principal paid down+$7,723
Rental cash flow+$7,200
5-year hold
+$61,182(113.5% ROI)
Projected value
$304,870
Return breakdown
Property appreciation+$35,409
Loan principal paid down+$13,773
Rental cash flow+$12,000
10-year hold
+$132,290(245.5% ROI)
Projected value
$344,932
Return breakdown
Property appreciation+$75,472
Loan principal paid down+$32,818
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.02
1 BR
0.95
2 BR
0.93
3 BR
0.86
4 BR
0.77
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Safety Harbor, FL fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Safety Harbor, FL is $2,130 a month. That is down 5.3% from $2,250 in FY 2026. Safety Harbor is in the Tampa-St. Petersburg-Clearwater, FL MSA, 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 Safety Harbor is 45% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Safety Harbor, FL
BedroomsFY 2027Change90–110% range
Studio$1,770−2.2%$1,593–$1,947
1BR$1,830−5.2%$1,647–$2,013
2BR$2,130−5.3%$1,917–$2,343
3BR$2,720−5.6%$2,448–$2,992
4BR$3,310−5.4%$2,979–$3,641

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Safety Harbor, FL
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,770$1,830$2,130$2,720$3,310
FY 2026$1,810$1,930$2,250$2,880$3,500
FY 2025$1,780$1,920$2,250$2,880$3,510
FY 2024$1,630$1,760$2,080$2,660$3,250
FY 2023$1,470$1,570$1,890$2,420$2,970

Questions about Safety Harbor, FL rents

How much will Section 8 pay for a two-bedroom in Safety Harbor, FL?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,130, that basic range is $1,917 to $2,343 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 Safety Harbor, FL in?

Safety Harbor, FL is in the Tampa-St. Petersburg-Clearwater, FL MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in Safety Harbor, FL for FY 2027?

The two-bedroom FMR fell 5.3%, from $2,250 in FY 2026 to $2,130 in FY 2027. Since FY 2023 it has risen 12.7%.

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