Skip to main content
Loading page
Volusia County/Lake Helen/32744

32744

ZIPSAFMR
Volusia County, FL
Zillow

ZIP Investment Score

78Below average

095130300
BRFMR
Eff. Rent
0 BR$1,190$1,310
1 BR$1,290$1,420
2 BR$1,580$1,740
3 BR$2,080$1,960
4 BR$2,270$2,330
5 BR$2,611Not available
6 BR$3,002Not available
7 BR$3,452Not available
8 BR$3,970Not available

Purchase Price Calculator

Maximum purchase price
$196,647

Cost breakdown

+Likely effective rent$1,740
HUD FMR$1,580
Market rent$1,870
Est. payment standard (110%)Used$1,740
-Principal and interest-$994
Loan amount$157,317
Down payment$39,329
Rate6.50%
Term30 years
-Operating costs-$546
Property taxes-$197
Insurance-$175
Utilities$0
HOA$0
Management-$174
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$27,957(71.1% ROI)
Projected value
$211,767
Return breakdown
Property appreciation+$15,120
Loan principal paid down+$5,636
Rental cash flow+$7,200
5-year hold
+$47,892(121.8% ROI)
Projected value
$222,488
Return breakdown
Property appreciation+$25,841
Loan principal paid down+$10,051
Rental cash flow+$12,000
10-year hold
+$103,028(262.0% ROI)
Projected value
$251,725
Return breakdown
Property appreciation+$55,078
Loan principal paid down+$23,950
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
0.79
1 BR
0.87
2 BR
0.84
3 BR
1.06
4 BR
0.96
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 32744 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 32744 (Lake Helen, FL) is $1,580 a month. That is up 1.9% from $1,550 in FY 2026. Lake Helen is in the Deltona-Daytona Beach-Ormond Beach, FL HUD Metro FMR Area. 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 $1,673. Among 46 ZIP codes in Volusia County, 32744 has the 36th-highest two-bedroom rent (county range $1,370–$2,280). The median county two-bedroom FMR in Florida is $1,474, so ZIP 32744 is 7% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 32744
BedroomsFY 2027Change90–110% range
Studio$1,190+8.2%$1,071–$1,309
1BR$1,290+1.6%$1,161–$1,419
2BR$1,580+1.9%$1,422–$1,738
3BR$2,080+2.0%$1,872–$2,288
4BR$2,270+2.7%$2,043–$2,497

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 32744
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,190$1,290$1,580$2,080$2,270
FY 2026$1,100$1,270$1,550$2,040$2,210
FY 2025$1,100$1,320$1,610$2,120$2,270
FY 2024$930$1,120$1,370$1,810$1,870
FY 2023$860$1,040$1,280$1,690$1,740

Two-bedroom rent in nearby Volusia County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 32744
32724$1,530−3.2%
32725$1,870+18.4%
32728$1,670+5.7%
32732$2,280+44.3%
32738$1,920+21.5%
32739$1,670+5.7%
32744Current$1,580—
32753$1,670+5.7%
32754$1,430−9.5%
32759$1,530−3.2%
32763$1,720+8.9%
32764$1,820+15.2%

Questions about ZIP 32744 rents

How much will Section 8 pay for a two-bedroom in ZIP 32744?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,673, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,506 to $1,840 a month; under the ZIP-level Small Area FMR of $1,580 it would be $1,422 to $1,738. 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 ZIP 32744 in?

ZIP 32744 is in the Deltona-Daytona Beach-Ormond Beach, FL HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,673.

How much did fair market rent change in ZIP 32744 for FY 2027?

The two-bedroom FMR rose 1.9%, from $1,550 in FY 2026 to $1,580 in FY 2027. Since FY 2023 it has risen 23.4%.

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 rentLake Helen, FL fair market rentFL statewide rentsWhat is SAFMR?Data sources