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Orange County/Orlando/32836

32836

ZIPSAFMR
Orange County, FL
Zillow

ZIP Investment Score

74Below average

095130300
BRFMR
Eff. Rent
0 BR$1,960$1,510
1 BR$2,040$1,530
2 BR$2,320$2,440
3 BR$2,900$3,110
4 BR$3,380$3,460
5 BR$3,887Not available
6 BR$4,470Not available
7 BR$5,141Not available
8 BR$5,912Not available

Purchase Price Calculator

Maximum purchase price
$300,667

Cost breakdown

+Likely effective rent$2,440
HUD FMR$2,320
Market rent$2,510
Est. payment standard (105%)Used$2,440
-Principal and interest-$1,520
Loan amount$240,533
Down payment$60,133
Rate6.50%
Term30 years
-Operating costs-$720
Property taxes-$301
Insurance-$175
Utilities$0
HOA$0
Management-$244
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$38,936(64.7% ROI)
Projected value
$323,785
Return breakdown
Property appreciation+$23,118
Loan principal paid down+$8,618
Rental cash flow+$7,200
5-year hold
+$66,878(111.2% ROI)
Projected value
$340,177
Return breakdown
Property appreciation+$39,510
Loan principal paid down+$15,368
Rental cash flow+$12,000
10-year hold
+$144,831(240.8% ROI)
Projected value
$384,879
Return breakdown
Property appreciation+$84,212
Loan principal paid down+$36,618
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.30
1 BR
1.33
2 BR
0.92
3 BR
0.90
4 BR
0.97
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 32836 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 32836 (Orlando, FL) is $2,320 a month. That is down 6.5% from $2,480 in FY 2026. Orlando 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 78 ZIP codes in Orange County, 32836 is tied for the 8th-highest two-bedroom rent (county range $1,370–$2,690). The median county two-bedroom FMR in Florida is $1,474, so ZIP 32836 is 57% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 32836
BedroomsFY 2027Change90–110% range
Studio$1,960−5.3%$1,764–$2,156
1BR$2,040−6.4%$1,836–$2,244
2BR$2,320−6.5%$2,088–$2,552
3BR$2,900−6.8%$2,610–$3,190
4BR$3,380−8.2%$3,042–$3,718

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 32836
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,960$2,040$2,320$2,900$3,380
FY 2026$2,070$2,180$2,480$3,110$3,680
FY 2025$2,120$2,240$2,540$3,220$3,840
FY 2024$1,990$2,090$2,370$3,010$3,640
FY 2023$1,600$1,700$1,930$2,470$2,990

Two-bedroom rent in nearby Orange County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 32836
32826$1,760−24.1%
32827$2,590+11.6%
32828$2,190−5.6%
32829$2,240−3.4%
32830$2,270−2.2%
32831$2,160−6.9%
32832$2,600+12.1%
32833$1,690−27.2%
32835$2,150−7.3%
32836Current$2,320—
32837$2,260−2.6%
32839$1,820−21.6%

Questions about ZIP 32836 rents

How much will Section 8 pay for a two-bedroom in ZIP 32836?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,320, that basic range is $2,088 to $2,552 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 32836 in?

ZIP 32836 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 32836 for FY 2027?

The two-bedroom FMR fell 6.5%, from $2,480 in FY 2026 to $2,320 in FY 2027. Since FY 2023 it has risen 20.2%.

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