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FL/Palm Beach County/West Palm Beach

West Palm Beach, FL

CitySAFMR
Palm Beach County
Found 17 ZIPs
Zillow

City Median Investment Score

92Below average

095130300
BRFMR
Eff. Rent
0 BR$1,500 – $2,140$1,370 – $2,350
1 BR$1,580 – $2,260$1,470 – $2,310
2 BR$1,850 – $2,640$1,810 – $2,810
3 BR$2,400 – $3,430$1,830 – $3,770
4 BR$2,770 – $3,960$1,960 – $4,360
5 BR$4,048Not available
6 BR$4,655Not available
7 BR$5,353Not available
8 BR$6,157Not available

Public Housing Authority

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Rolodex

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Market Alignment

Studio
2
2
2
0.78-1.42
1 BR
2
2
0.65-1.39
2 BR
3
0.64-1.33
3 BR
2
2
2
0.49-1.70
4 BR
2
2
2
0.43-1.84
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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West Palm Beach, FL fair market rent, FY 2027

For FY 2027, HUD's two-bedroom Small Area Fair Market Rent across the 17 ZIP codes in West Palm Beach, FL ranges from $1,850 to $2,640 a month, with a median of $2,350. That is up 4.4% from $2,250 in FY 2026. West 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 West Palm Beach is 59% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for West Palm Beach, FL
BedroomsFY 2027Change90–110% range
Studio$1,910+7.3%$1,719–$2,101
1BR$2,010+5.8%$1,809–$2,211
2BR$2,350+4.4%$2,115–$2,585
3BR$3,050+4.5%$2,745–$3,355
4BR$3,520+4.1%$3,168–$3,872

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for West Palm Beach, FL
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,910$2,010$2,350$3,050$3,520
FY 2026$1,780$1,900$2,250$2,920$3,380
FY 2025$1,590$1,770$2,120$2,770$3,310
FY 2024$1,520$1,790$2,150$2,840$3,430
FY 2023$1,220$1,490$1,820$2,430$2,970

Two-bedroom rent by ZIP code

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. median
33412$2,640+12.3%
33413$2,600+10.6%
33411$2,450+4.3%
33417$2,400+2.1%
33402$2,3500.0%
33416$2,3500.0%
33419$2,3500.0%
33420$2,3500.0%
33422$2,3500.0%
33401$2,300−2.1%
33409$2,300−2.1%
33407$2,210−6.0%
33406$2,170−7.7%
33415$2,170−7.7%
33405$1,930−17.9%
33403$1,900−19.1%
33404$1,850−21.3%

Questions about West Palm Beach, FL rents

How much will Section 8 pay for a two-bedroom in West Palm Beach, FL?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,350, that basic range is $2,115 to $2,585 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 West Palm Beach, FL in?

West 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 West Palm Beach, FL for FY 2027?

The two-bedroom FMR rose 4.4%, from $2,250 in FY 2026 to $2,350 in FY 2027. Since FY 2023 it has risen 29.1%.

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

County fair market rentFL statewide rentsWhat is SAFMR?Data sources