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Broward County/Fort Lauderdale/33317

33317

ZIPSAFMR
Broward County, FL
Zillow

ZIP Investment Score

88Below average

095130300
BRFMR
Eff. Rent
0 BR$1,940$1,810
1 BR$2,100$1,810
2 BR$2,560$2,820
3 BR$3,500$3,600
4 BR$4,040$4,440
5 BR$4,646Not available
6 BR$5,343Not available
7 BR$6,144Not available
8 BR$7,066Not available

Purchase Price Calculator

Maximum purchase price
$357,134

Cost breakdown

+Likely effective rent$2,820
HUD FMR$2,560
Market rent$3,170
Est. payment standard (110%)Used$2,820
-Principal and interest-$1,806
Loan amount$285,707
Down payment$71,427
Rate6.50%
Term30 years
-Operating costs-$814
Property taxes-$357
Insurance-$175
Utilities$0
HOA$0
Management-$282
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$44,896(62.9% ROI)
Projected value
$384,595
Return breakdown
Property appreciation+$27,460
Loan principal paid down+$10,236
Rental cash flow+$7,200
5-year hold
+$77,184(108.1% ROI)
Projected value
$404,065
Return breakdown
Property appreciation+$46,930
Loan principal paid down+$18,254
Rental cash flow+$12,000
10-year hold
+$167,524(234.5% ROI)
Projected value
$457,162
Return breakdown
Property appreciation+$100,028
Loan principal paid down+$43,496
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.07
1 BR
1.16
2 BR
0.81
3 BR
0.96
4 BR
0.81
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 33317 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 33317 (Fort Lauderdale, FL) is $2,560 a month. That is up 2.0% from $2,510 in FY 2026. Fort Lauderdale 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, 33317 has the 24th-highest two-bedroom rent (county range $1,780–$3,480). The median county two-bedroom FMR in Florida is $1,474, so ZIP 33317 is 74% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 33317
BedroomsFY 2027Change90–110% range
Studio$1,940+3.7%$1,746–$2,134
1BR$2,100+2.9%$1,890–$2,310
2BR$2,560+2.0%$2,304–$2,816
3BR$3,500+1.2%$3,150–$3,850
4BR$4,040−1.5%$3,636–$4,444

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 33317
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,940$2,100$2,560$3,500$4,040
FY 2026$1,870$2,040$2,510$3,460$4,100
FY 2025$1,860$2,030$2,510$3,470$4,210
FY 2024$1,600$1,720$2,140$2,970$3,630
FY 2023$1,360$1,470$1,840$2,570$3,130

Two-bedroom rent in nearby Broward County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 33317
33311$1,780−30.5%
33312$2,120−17.2%
33313$2,220−13.3%
33314$2,550−0.4%
33315$2,270−11.3%
33316$2,580+0.8%
33317Current$2,560—
33318$2,320−9.4%
33319$2,240−12.5%
33320$2,320−9.4%
33321$2,470−3.5%
33322$2,660+3.9%

Questions about ZIP 33317 rents

How much will Section 8 pay for a two-bedroom in ZIP 33317?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,560, that basic range is $2,304 to $2,816 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 33317 in?

ZIP 33317 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 33317 for FY 2027?

The two-bedroom FMR rose 2.0%, from $2,510 in FY 2026 to $2,560 in FY 2027. Since FY 2023 it has risen 39.1%.

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