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Broward County/Fort Lauderdale/33331

33331

ZIPSAFMR
Broward County, FL
Zillow

ZIP Investment Score

73Below average

095130300
BRFMR
Eff. Rent
0 BR$2,640$2,900
1 BR$2,850$3,010
2 BR$3,480$3,690
3 BR$4,760$3,930
4 BR$5,490$4,960
5 BR$6,313Not available
6 BR$7,261Not available
7 BR$8,350Not available
8 BR$9,602Not available

Purchase Price Calculator

Maximum purchase price
$486,416

Cost breakdown

+Likely effective rent$3,690
HUD FMR$3,480
Market rent$3,810
Est. payment standard (106%)Used$3,690
-Principal and interest-$2,460
Loan amount$389,133
Down payment$97,283
Rate6.50%
Term30 years
-Operating costs-$1,030
Property taxes-$486
Insurance-$175
Utilities$0
HOA$0
Management-$369
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$58,543(60.2% ROI)
Projected value
$523,817
Return breakdown
Property appreciation+$37,401
Loan principal paid down+$13,942
Rental cash flow+$7,200
5-year hold
+$100,781(103.6% ROI)
Projected value
$550,335
Return breakdown
Property appreciation+$63,919
Loan principal paid down+$24,862
Rental cash flow+$12,000
10-year hold
+$219,479(225.6% ROI)
Projected value
$622,654
Return breakdown
Property appreciation+$136,238
Loan principal paid down+$59,241
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.86
1 BR
0.92
2 BR
0.91
3 BR
1.21
4 BR
1.11
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 33331 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 33331 (Fort Lauderdale, FL) is $3,480 a month. That is down 0.6% from $3,500 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, 33331 is tied for the highest two-bedroom rent (county range $1,780–$3,480). The median county two-bedroom FMR in Florida is $1,474, so ZIP 33331 is 136% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 33331
BedroomsFY 2027Change90–110% range
Studio$2,640+1.1%$2,376–$2,904
1BR$2,8500.0%$2,565–$3,135
2BR$3,480−0.6%$3,132–$3,828
3BR$4,760−1.2%$4,284–$5,236
4BR$5,490−4.0%$4,941–$6,039

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 33331
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,640$2,850$3,480$4,760$5,490
FY 2026$2,610$2,850$3,500$4,820$5,720
FY 2025$2,650$2,890$3,580$4,940$6,010
FY 2024$2,360$2,540$3,150$4,370$5,350
FY 2023$2,050$2,220$2,770$3,870$4,720

Two-bedroom rent in nearby Broward County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 33331
33324$2,830−18.7%
33325$2,580−25.9%
33326$3,060−12.1%
33327$3,4800.0%
33328$2,780−20.1%
33329$2,320−33.3%
33330$3,370−3.2%
33331Current$3,480—
33332$3,4800.0%
33334$2,270−34.8%
33335$2,320−33.3%
33338$2,320−33.3%

Questions about ZIP 33331 rents

How much will Section 8 pay for a two-bedroom in ZIP 33331?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $3,480, that basic range is $3,132 to $3,828 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 33331 in?

ZIP 33331 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 33331 for FY 2027?

The two-bedroom FMR fell 0.6%, from $3,500 in FY 2026 to $3,480 in FY 2027. Since FY 2023 it has risen 25.6%.

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