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Palm Beach County/West Palm Beach/33413

33413

ZIPSAFMR
Palm Beach County, FL
Zillow

ZIP Investment Score

84Below average

095130300
BRFMR
Eff. Rent
0 BR$2,110$1,620
1 BR$2,220$1,780
2 BR$2,600$2,410
3 BR$3,380$2,990
4 BR$3,900$3,880
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
$296,209

Cost breakdown

+Likely effective rent$2,410
HUD FMR$2,600
Market rentUsed$2,410
Est. payment standard (95%)$2,480
-Principal and interest-$1,498
Loan amount$236,967
Down payment$59,242
Rate6.50%
Term30 years
-Operating costs-$712
Property taxes-$296
Insurance-$175
Utilities$0
HOA$0
Management-$241
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$38,466(64.9% ROI)
Projected value
$318,984
Return breakdown
Property appreciation+$22,776
Loan principal paid down+$8,490
Rental cash flow+$7,200
5-year hold
+$66,064(111.5% ROI)
Projected value
$335,133
Return breakdown
Property appreciation+$38,924
Loan principal paid down+$15,140
Rental cash flow+$12,000
10-year hold
+$143,039(241.4% ROI)
Projected value
$379,172
Return breakdown
Property appreciation+$82,963
Loan principal paid down+$36,076
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.30
1 BR
1.25
2 BR
1.08
3 BR
1.13
4 BR
1.01
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 33413 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 33413 (West Palm Beach, FL) is $2,600 a month. That is up 2.8% from $2,530 in FY 2026. West Palm Beach is in the West Palm Beach-Boca Raton, FL HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 74 ZIP codes in Palm Beach County, 33413 has the 21st-highest two-bedroom rent (county range $1,080–$3,520). The median county two-bedroom FMR in Florida is $1,474, so ZIP 33413 is 76% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 33413
BedroomsFY 2027Change90–110% range
Studio$2,110+5.0%$1,899–$2,321
1BR$2,220+4.2%$1,998–$2,442
2BR$2,600+2.8%$2,340–$2,860
3BR$3,380+3.0%$3,042–$3,718
4BR$3,900+2.6%$3,510–$4,290

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 33413
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,110$2,220$2,600$3,380$3,900
FY 2026$2,010$2,130$2,530$3,280$3,800
FY 2025$1,850$2,070$2,470$3,230$3,860
FY 2024$1,760$2,070$2,490$3,290$3,980
FY 2023$1,390$1,700$2,080$2,780$3,400

Two-bedroom rent in nearby Palm Beach County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 33413
33407$2,210−15.0%
33408$2,420−6.9%
33409$2,300−11.5%
33410$2,710+4.2%
33411$2,450−5.8%
33412$2,640+1.5%
33413Current$2,600—
33414$2,990+15.0%
33415$2,170−16.5%
33416$2,350−9.6%
33417$2,400−7.7%
33418$3,020+16.2%

Questions about ZIP 33413 rents

How much will Section 8 pay for a two-bedroom in ZIP 33413?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,600, that basic range is $2,340 to $2,860 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 33413 in?

ZIP 33413 is in the West Palm Beach-Boca Raton, 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 33413 for FY 2027?

The two-bedroom FMR rose 2.8%, from $2,530 in FY 2026 to $2,600 in FY 2027. Since FY 2023 it has risen 25.0%.

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