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Seminole County/Sanford/32773

32773

ZIPSAFMR
Seminole County, FL
Zillow

ZIP Investment Score

103Above average

095130300
BRFMR
Eff. Rent
0 BR$1,480$1,430
1 BR$1,540$1,590
2 BR$1,750$1,820
3 BR$2,180$2,140
4 BR$2,550$2,530
5 BR$2,933Not available
6 BR$3,372Not available
7 BR$3,878Not available
8 BR$4,460Not available

Purchase Price Calculator

Maximum purchase price
$208,535

Cost breakdown

+Likely effective rent$1,820
HUD FMR$1,750
Market rent$1,860
Est. payment standard (104%)Used$1,820
-Principal and interest-$1,054
Loan amount$166,828
Down payment$41,707
Rate6.50%
Term30 years
-Operating costs-$566
Property taxes-$209
Insurance-$175
Utilities$0
HOA$0
Management-$182
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$29,211(70.0% ROI)
Projected value
$224,569
Return breakdown
Property appreciation+$16,034
Loan principal paid down+$5,977
Rental cash flow+$7,200
5-year hold
+$50,062(120.0% ROI)
Projected value
$235,938
Return breakdown
Property appreciation+$27,403
Loan principal paid down+$10,659
Rental cash flow+$12,000
10-year hold
+$107,805(258.5% ROI)
Projected value
$266,942
Return breakdown
Property appreciation+$58,407
Loan principal paid down+$25,398
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.03
1 BR
0.95
2 BR
0.94
3 BR
1.02
4 BR
1.01
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 32773 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 32773 (Sanford, FL) is $1,750 a month. That is down 1.7% from $1,780 in FY 2026. Sanford is in the Orlando-Kissimmee-Sanford, FL MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 27 ZIP codes in Seminole County, 32773 has the 26th-highest two-bedroom rent (county range $1,730–$2,480). The median county two-bedroom FMR in Florida is $1,474, so ZIP 32773 is 19% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 32773
BedroomsFY 2027Change90–110% range
Studio$1,480−0.7%$1,332–$1,628
1BR$1,540−1.3%$1,386–$1,694
2BR$1,750−1.7%$1,575–$1,925
3BR$2,180−2.2%$1,962–$2,398
4BR$2,550−3.4%$2,295–$2,805

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 32773
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,480$1,540$1,750$2,180$2,550
FY 2026$1,490$1,560$1,780$2,230$2,640
FY 2025$1,500$1,580$1,790$2,270$2,710
FY 2024$1,430$1,500$1,700$2,160$2,610
FY 2023$1,230$1,300$1,480$1,890$2,290

Two-bedroom rent in nearby Seminole County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 32773
32751$2,170+24.0%
32752$1,980+13.1%
32762$1,980+13.1%
32765$2,280+30.3%
32766$2,480+41.7%
32771$1,890+8.0%
32772$1,980+13.1%
32773Current$1,750—
32779$2,210+26.3%
32791$1,980+13.1%
32792$2,000+14.3%
32795$1,980+13.1%

Questions about ZIP 32773 rents

How much will Section 8 pay for a two-bedroom in ZIP 32773?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,750, that basic range is $1,575 to $1,925 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 ZIP 32773 in?

ZIP 32773 is in the Orlando-Kissimmee-Sanford, 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 ZIP 32773 for FY 2027?

The two-bedroom FMR fell 1.7%, from $1,780 in FY 2026 to $1,750 in FY 2027. Since FY 2023 it has risen 18.2%.

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