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Miami-Dade County/Miami/33180

33180

ZIPSAFMR
Miami-Dade County, FL
Zillow

ZIP Investment Score

62Below average

095130300
BRFMR
Eff. Rent
0 BR$2,890$2,310
1 BR$3,140$2,150
2 BR$3,800$2,930
3 BR$4,860$3,540
4 BR$5,560$4,030
5 BR$6,394Not available
6 BR$7,353Not available
7 BR$8,456Not available
8 BR$9,724Not available

Purchase Price Calculator

Maximum purchase price
$373,480

Cost breakdown

+Likely effective rent$2,930
HUD FMR$3,800
Market rentUsed$2,930
Est. payment standard (90%)$3,420
-Principal and interest-$1,889
Loan amount$298,784
Down payment$74,696
Rate6.50%
Term30 years
-Operating costs-$841
Property taxes-$373
Insurance-$175
Utilities$0
HOA$0
Management-$293
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$46,622(62.4% ROI)
Projected value
$402,197
Return breakdown
Property appreciation+$28,717
Loan principal paid down+$10,705
Rental cash flow+$7,200
5-year hold
+$80,168(107.3% ROI)
Projected value
$422,559
Return breakdown
Property appreciation+$49,078
Loan principal paid down+$19,089
Rental cash flow+$12,000
10-year hold
+$174,093(233.1% ROI)
Projected value
$478,086
Return breakdown
Property appreciation+$104,606
Loan principal paid down+$45,487
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.25
1 BR
1.46
2 BR
1.30
3 BR
1.37
4 BR
1.38
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 33180 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 33180 (Miami, FL) is $3,800 a month. That is up 4.1% from $3,650 in FY 2026. Miami is in the Miami-Miami Beach-Kendall, FL HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 119 ZIP codes in Miami-Dade County, 33180 is tied for the 5th-highest two-bedroom rent (county range $2,010–$3,850). The median county two-bedroom FMR in Florida is $1,474, so ZIP 33180 is 158% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 33180
BedroomsFY 2027Change90–110% range
Studio$2,890+5.5%$2,601–$3,179
1BR$3,140+5.0%$2,826–$3,454
2BR$3,800+4.1%$3,420–$4,180
3BR$4,860+3.8%$4,374–$5,346
4BR$5,560+2.8%$5,004–$6,116

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 33180
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,890$3,140$3,800$4,860$5,560
FY 2026$2,740$2,990$3,650$4,680$5,410
FY 2025$2,390$2,660$3,260$4,210$4,940
FY 2024$2,380$2,670$3,290$4,290$5,080
FY 2023$2,010$2,280$2,840$3,740$4,430

Two-bedroom rent in nearby Miami-Dade County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 33180
33174$2,600−31.6%
33175$2,820−25.8%
33176$2,620−31.1%
33177$3,030−20.3%
33178$3,770−0.8%
33179$2,760−27.4%
33180Current$3,800—
33181$2,450−35.5%
33182$3,390−10.8%
33183$2,730−28.2%
33184$2,850−25.0%
33185$3,850+1.3%

Questions about ZIP 33180 rents

How much will Section 8 pay for a two-bedroom in ZIP 33180?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $3,800, that basic range is $3,420 to $4,180 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 33180 in?

ZIP 33180 is in the Miami-Miami Beach-Kendall, 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 33180 for FY 2027?

The two-bedroom FMR rose 4.1%, from $3,650 in FY 2026 to $3,800 in FY 2027. Since FY 2023 it has risen 33.8%.

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