FMR is below market; voucher rent may lag private rents.
0.87
2 BR
2 BR
0.84ratio
FMR$2,320
Market$2,770
vs market-$450
FMR is below market; voucher rent may lag private rents.
0.84
3 BR
3 BR
1.01ratio
FMR$3,170
Market$3,150
vs market+$20
FMR is near market; voucher and private rents are aligned.
1.01
4 BR
4 BR
0.89ratio
FMR$3,660
Market$4,100
vs market-$440
FMR is below market; voucher rent may lag private rents.
0.89
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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ZIP 33320 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 33320 (Fort Lauderdale, FL) is $2,320 a month. That is down 0.4% from $2,330 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, 33320 is tied for the 39th-highest two-bedroom rent (county range $1,780–$3,480). The median county two-bedroom FMR in Florida is $1,474, so ZIP 33320 is 57% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 33320
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,730
$1,760
+1.7%
$1,584–$1,936
1BR
$1,900
$1,900
0.0%
$1,710–$2,090
2BR
$2,330
$2,320
−0.4%
$2,088–$2,552
3BR
$3,210
$3,170
−1.2%
$2,853–$3,487
4BR
$3,800
$3,660
−3.7%
$3,294–$4,026
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 33320
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,760
$1,900
$2,320
$3,170
$3,660
FY 2026
$1,730
$1,900
$2,330
$3,210
$3,800
FY 2025
$1,770
$1,930
$2,390
$3,300
$4,010
FY 2024
$1,570
$1,690
$2,100
$2,910
$3,560
FY 2023
$1,370
$1,480
$1,850
$2,590
$3,150
Two-bedroom rent in nearby Broward County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 33320?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,320, that basic range is $2,088 to $2,552 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 33320 in?
ZIP 33320 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 33320 for FY 2027?
The two-bedroom FMR fell 0.4%, from $2,330 in FY 2026 to $2,320 in FY 2027. Since FY 2023 it has risen 25.4%.
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