FMR is below market; voucher rent may lag private rents.
0.64
1 BR
1 BR- 33574
0.64ratio
FMR$1,170
Market$1,820
vs market-$650
FMR is below market; voucher rent may lag private rents.
0.64
2 BR
2 BR- 33574
0.65ratio
FMR$1,360
Market$2,100
vs market-$740
FMR is below market; voucher rent may lag private rents.
0.65
3 BR
3 BR- 33574
0.76ratio
FMR$1,730
Market$2,290
vs market-$560
FMR is below market; voucher rent may lag private rents.
0.76
4 BR
4 BR- 33574
0.83ratio
FMR$2,100
Market$2,530
vs market-$430
FMR is below market; voucher rent may lag private rents.
0.83
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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Saint Leo, FL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Saint Leo, FL is $1,360 a month. That is down 5.6% from $1,440 in FY 2026. Saint Leo 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 Saint Leo is 8% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Saint Leo, FL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,130
$1,130
0.0%
$1,017–$1,243
1BR
$1,220
$1,170
−4.1%
$1,053–$1,287
2BR
$1,440
$1,360
−5.6%
$1,224–$1,496
3BR
$1,830
$1,730
−5.5%
$1,557–$1,903
4BR
$2,240
$2,100
−6.2%
$1,890–$2,310
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Saint Leo, FL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,130
$1,170
$1,360
$1,730
$2,100
FY 2026
$1,130
$1,220
$1,440
$1,830
$2,240
FY 2025
$1,250
$1,350
$1,590
$2,030
$2,480
FY 2024
$1,380
$1,490
$1,760
$2,250
$2,750
FY 2023
$1,230
$1,320
$1,580
$2,020
$2,480
Questions about Saint Leo, FL rents
How much will Section 8 pay for a two-bedroom in Saint Leo, FL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,360, that basic range is $1,224 to $1,496 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 Saint Leo, FL in?
Saint Leo, 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 Saint Leo, FL for FY 2027?
The two-bedroom FMR fell 5.6%, from $1,440 in FY 2026 to $1,360 in FY 2027. Since FY 2023 it has fallen 13.9%.
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