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Broward County/Pompano Beach/33062

33062

ZIPSAFMR
Broward County, FL
Zillow

ZIP Investment Score

42Below average

095130300
BRFMR
Eff. Rent
0 BR$2,030$1,800
1 BR$2,200$2,280
2 BR$2,680$2,950
3 BR$3,660$4,030
4 BR$4,230$4,650
5 BR$4,865Not available
6 BR$5,594Not available
7 BR$6,433Not available
8 BR$7,398Not available

Purchase Price Calculator

Maximum purchase price
$376,452

Cost breakdown

+Likely effective rent$2,950
HUD FMR$2,680
Market rent$3,530
Est. payment standard (110%)Used$2,950
-Principal and interest-$1,904
Loan amount$301,162
Down payment$75,290
Rate6.50%
Term30 years
-Operating costs-$846
Property taxes-$376
Insurance-$175
Utilities$0
HOA$0
Management-$295
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$46,936(62.3% ROI)
Projected value
$405,398
Return breakdown
Property appreciation+$28,946
Loan principal paid down+$10,790
Rental cash flow+$7,200
5-year hold
+$80,710(107.2% ROI)
Projected value
$425,921
Return breakdown
Property appreciation+$49,469
Loan principal paid down+$19,241
Rental cash flow+$12,000
10-year hold
+$175,287(232.8% ROI)
Projected value
$481,891
Return breakdown
Property appreciation+$105,438
Loan principal paid down+$45,848
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.13
1 BR
0.95
2 BR
0.76
3 BR
0.61
4 BR
0.65
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 33062 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 33062 (Pompano Beach, FL) is $2,680 a month. That is down 4.6% from $2,810 in FY 2026. Pompano Beach is in the Fort Lauderdale, FL HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 87 ZIP codes in Broward County, 33062 is tied for the 19th-highest two-bedroom rent (county range $1,780–$3,480). The median county two-bedroom FMR in Florida is $1,474, so ZIP 33062 is 82% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 33062
BedroomsFY 2027Change90–110% range
Studio$2,030−2.9%$1,827–$2,233
1BR$2,200−3.9%$1,980–$2,420
2BR$2,680−4.6%$2,412–$2,948
3BR$3,660−5.4%$3,294–$4,026
4BR$4,230−7.8%$3,807–$4,653

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 33062
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,030$2,200$2,680$3,660$4,230
FY 2026$2,090$2,290$2,810$3,870$4,590
FY 2025$2,010$2,190$2,710$3,740$4,550
FY 2024$1,730$1,860$2,310$3,200$3,920
FY 2023$1,480$1,600$2,000$2,800$3,410

Two-bedroom rent in nearby Broward County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 33062
33056$2,440−9.0%
33060$1,960−26.9%
33061$2,320−13.4%
33062Current$2,680—
33063$2,290−14.6%
33064$2,350−12.3%
33065$2,370−11.6%
33066$2,160−19.4%
33067$2,710+1.1%
33068$2,470−7.8%
33069$2,300−14.2%
33071$2,6800.0%

Questions about ZIP 33062 rents

How much will Section 8 pay for a two-bedroom in ZIP 33062?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,680, that basic range is $2,412 to $2,948 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 33062 in?

ZIP 33062 is in the Fort Lauderdale, 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 ZIP 33062 for FY 2027?

The two-bedroom FMR fell 4.6%, from $2,810 in FY 2026 to $2,680 in FY 2027. Since FY 2023 it has risen 34.0%.

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