33031
ZIPSAFMR
Miami-Dade County, FL
BRFMR
Eff. Rent
0 BR$1,760$1,550
1 BR$1,920$1,780
2 BR$2,340$2,570
3 BR$3,010$3,250
4 BR$3,480$3,830
5 BR$4,002
6 BR$4,602
7 BR$5,293
8 BR$6,087

Purchase Price Calculator

Maximum purchase price
$319,984

Cost breakdown

+Likely effective rent$2,570
HUD FMR$2,340
Market rent$2,860
Est. payment standard (110%)Used$2,570
Estimated payment standard is $2,570 (110% of FMR).
-Principal and interest-$1,618
Loan amount$255,988
Down payment$63,997
Rate6.50%
Term30 years
-Operating costs-$752
Property taxes-$320
Insurance-$175
Utilities$0
HOA$0
Management-$257
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$40,975(64.0% ROI)
Projected value
$344,588
Current value$319,984
Return breakdown
Property appreciation+$24,604
Loan principal paid down+$9,171
Rental cash flow+$7,200
5-year hold
+$70,404(110.0% ROI)
Projected value
$362,033
Current value$319,984
Return breakdown
Property appreciation+$42,049
Loan principal paid down+$16,355
Rental cash flow+$12,000
10-year hold
+$152,594(238.4% ROI)
Projected value
$409,607
Current value$319,984
Return breakdown
Property appreciation+$89,623
Loan principal paid down+$38,971
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
1.14ratio
FMR$1,760
Market$1,550
vs market+$210

FMR is above market; underwrite to market rent.

90% standard$1,584 / 1.02 ratio110% standard$1,936 / 1.25 ratio
1.14
1 BR
1 BR
1.08ratio
FMR$1,920
Market$1,780
vs market+$140

FMR is near market; voucher and private rents are aligned.

90% standard$1,728 / 0.97 ratio110% standard$2,112 / 1.19 ratio
1.08
2 BR
2 BR
0.82ratio
FMR$2,340
Market$2,860
vs market-$520

FMR is below market; voucher rent may lag private rents.

90% standard$2,106 / 0.74 ratio110% standard$2,574 / 0.90 ratio
0.82
3 BR
3 BR
0.89ratio
FMR$3,010
Market$3,380
vs market-$370

FMR is below market; voucher rent may lag private rents.

90% standard$2,709 / 0.80 ratio110% standard$3,311 / 0.98 ratio
0.89
4 BR
4 BR
0.69ratio
FMR$3,480
Market$5,010
vs market-$1,530

FMR is below market; voucher rent may lag private rents.

90% standard$3,132 / 0.63 ratio110% standard$3,828 / 0.76 ratio
0.69
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 33031 (FL) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

33031 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 33031 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,340 and the 4 bedroom fair market rent is $3,480.

Use this page for searches like 33031 FMR, 33031 fair market rent, and 33031 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 33031
Bedroom sizeHUD FMR
Studio$1,760
1 bedroom$1,920
2 bedroom$2,340
3 bedroom$3,010
4 bedroom$3,480