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Broward County/Pompano Beach/33068

33068

ZIPSAFMR
Broward County, FL
Zillow

ZIP Investment Score

101Above average

095130300
BRFMR
Eff. Rent
0 BR$1,870$1,610
1 BR$2,020$1,740
2 BR$2,470$2,530
3 BR$3,380$3,040
4 BR$3,900$3,470
5 BR$4,485Not available
6 BR$5,158Not available
7 BR$5,931Not available
8 BR$6,821Not available

Purchase Price Calculator

Maximum purchase price
$314,040

Cost breakdown

+Likely effective rent$2,530
HUD FMR$2,470
Market rent$2,570
Est. payment standard (103%)Used$2,530
-Principal and interest-$1,588
Loan amount$251,232
Down payment$62,808
Rate6.50%
Term30 years
-Operating costs-$742
Property taxes-$314
Insurance-$175
Utilities$0
HOA$0
Management-$253
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$40,348(64.2% ROI)
Projected value
$338,187
Return breakdown
Property appreciation+$24,147
Loan principal paid down+$9,001
Rental cash flow+$7,200
5-year hold
+$69,319(110.4% ROI)
Projected value
$355,308
Return breakdown
Property appreciation+$41,267
Loan principal paid down+$16,051
Rental cash flow+$12,000
10-year hold
+$150,205(239.1% ROI)
Projected value
$401,998
Return breakdown
Property appreciation+$87,958
Loan principal paid down+$38,247
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.16
1 BR
1.16
2 BR
0.96
3 BR
1.11
4 BR
1.12
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 33068 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 33068 (Pompano Beach, FL) is $2,470 a month. That is down 0.8% from $2,490 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, 33068 is tied for the 31st-highest two-bedroom rent (county range $1,780–$3,480). The median county two-bedroom FMR in Florida is $1,474, so ZIP 33068 is 68% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 33068
BedroomsFY 2027Change90–110% range
Studio$1,870+1.1%$1,683–$2,057
1BR$2,020−0.5%$1,818–$2,222
2BR$2,470−0.8%$2,223–$2,717
3BR$3,380−1.5%$3,042–$3,718
4BR$3,900−4.2%$3,510–$4,290

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 33068
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,870$2,020$2,470$3,380$3,900
FY 2026$1,850$2,030$2,490$3,430$4,070
FY 2025$1,810$1,980$2,450$3,380$4,110
FY 2024$1,560$1,680$2,090$2,900$3,550
FY 2023$1,330$1,440$1,800$2,520$3,070

Two-bedroom rent in nearby Broward County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 33068
33061$2,320−6.1%
33062$2,680+8.5%
33063$2,290−7.3%
33064$2,350−4.9%
33065$2,370−4.0%
33066$2,160−12.6%
33067$2,710+9.7%
33068Current$2,470—
33069$2,300−6.9%
33071$2,680+8.5%
33073$2,790+13.0%
33074$2,320−6.1%

Questions about ZIP 33068 rents

How much will Section 8 pay for a two-bedroom in ZIP 33068?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,470, that basic range is $2,223 to $2,717 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 33068 in?

ZIP 33068 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 33068 for FY 2027?

The two-bedroom FMR fell 0.8%, from $2,490 in FY 2026 to $2,470 in FY 2027. Since FY 2023 it has risen 37.2%.

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