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FL/Hernando County/Spring Hill

Spring Hill, FL

CitySAFMR
Hernando County
Found 6 ZIPs

City Median Investment Score

65Below average

095130300
BRFMR
Eff. Rent
0 BR$1,270 – $1,650$1,180 – $1,710
1 BR$1,320 – $1,700$1,240 – $1,720
2 BR$1,530 – $1,980$1,490 – $1,880
3 BR$1,950 – $2,530$1,880 – $2,060
4 BR$2,380 – $3,070$2,050 – $2,540
5 BR$2,858Not available
6 BR$3,286Not available
7 BR$3,779Not available
8 BR$4,346Not available

Public Housing Authority

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Rolodex

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Market Alignment

Studio
3
0.79-1.11
1 BR
2
0.81-1.09
2 BR
1
1
1
1
1
1
0.75-1.09
3 BR
4
1.03-1.33
4 BR
2
2
1.03-1.47
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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Spring Hill, FL fair market rent, FY 2027

For FY 2027, HUD's two-bedroom Small Area Fair Market Rent across the 6 ZIP codes in Spring Hill, FL ranges from $1,530 to $1,980 a month, with a median of $1,600. That is down 5.0% from $1,685 in FY 2026. Spring Hill 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 Spring Hill is 9% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Spring Hill, FL
BedroomsFY 2027Change90–110% range
Studio$1,335−1.5%$1,202–$1,469
1BR$1,375−4.8%$1,238–$1,513
2BR$1,600−5.0%$1,440–$1,760
3BR$2,045−5.1%$1,841–$2,250
4BR$2,485−5.2%$2,237–$2,734

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Spring Hill, FL
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,335$1,375$1,600$2,045$2,485
FY 2026$1,355$1,445$1,685$2,155$2,620
FY 2025$1,370$1,470$1,725$2,210$2,690
FY 2024$1,295$1,400$1,655$2,115$2,585
FY 2023$1,180$1,260$1,515$1,940$2,380

Two-bedroom rent by ZIP code

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. median
34609$1,980+23.8%
34610$1,710+6.9%
34607$1,620+1.3%
34608$1,580−1.2%
34611$1,570−1.9%
34606$1,530−4.4%

Questions about Spring Hill, FL rents

How much will Section 8 pay for a two-bedroom in Spring Hill, FL?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,600, that basic range is $1,440 to $1,760 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 Spring Hill, FL in?

Spring Hill, 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 Spring Hill, FL for FY 2027?

The two-bedroom FMR fell 5.0%, from $1,685 in FY 2026 to $1,600 in FY 2027. Since FY 2023 it has risen 5.6%.

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