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Palm Beach County/Wellington/33414

33414

ZIPSAFMR
Palm Beach County, FL
Zillow

ZIP Investment Score

96Above average

095130300
BRFMR
Eff. Rent
0 BR$2,430$2,670
1 BR$2,560$2,820
2 BR$2,990$2,490
3 BR$3,890$3,970
4 BR$4,480$4,930
5 BR$5,152Not available
6 BR$5,925Not available
7 BR$6,814Not available
8 BR$7,836Not available

Purchase Price Calculator

Maximum purchase price
$308,096

Cost breakdown

+Likely effective rent$2,490
HUD FMR$2,990
Market rentUsed$2,490
Est. payment standard (90%)$2,690
-Principal and interest-$1,558
Loan amount$246,477
Down payment$61,619
Rate6.50%
Term30 years
-Operating costs-$732
Property taxes-$308
Insurance-$175
Utilities$0
HOA$0
Management-$249
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$39,720(64.5% ROI)
Projected value
$331,786
Return breakdown
Property appreciation+$23,690
Loan principal paid down+$8,831
Rental cash flow+$7,200
5-year hold
+$68,234(110.7% ROI)
Projected value
$348,583
Return breakdown
Property appreciation+$40,486
Loan principal paid down+$15,747
Rental cash flow+$12,000
10-year hold
+$147,816(239.9% ROI)
Projected value
$394,390
Return breakdown
Property appreciation+$86,293
Loan principal paid down+$37,523
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.80
1 BR
0.64
2 BR
1.20
3 BR
0.97
4 BR
0.54
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 33414 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 33414 (Wellington, FL) is $2,990 a month. That is up 4.5% from $2,860 in FY 2026. Wellington 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, 33414 has the 12th-highest two-bedroom rent (county range $1,080–$3,520). The median county two-bedroom FMR in Florida is $1,474, so ZIP 33414 is 103% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 33414
BedroomsFY 2027Change90–110% range
Studio$2,430+7.0%$2,187–$2,673
1BR$2,560+6.2%$2,304–$2,816
2BR$2,990+4.5%$2,691–$3,289
3BR$3,890+4.9%$3,501–$4,279
4BR$4,480+4.2%$4,032–$4,928

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 33414
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,430$2,560$2,990$3,890$4,480
FY 2026$2,270$2,410$2,860$3,710$4,300
FY 2025$2,090$2,330$2,790$3,640$4,360
FY 2024$2,030$2,390$2,870$3,790$4,590
FY 2023$1,460$1,780$2,180$2,910$3,560

Two-bedroom rent in nearby Palm Beach County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 33414
33408$2,420−19.1%
33409$2,300−23.1%
33410$2,710−9.4%
33411$2,450−18.1%
33412$2,640−11.7%
33413$2,600−13.0%
33414Current$2,990—
33415$2,170−27.4%
33416$2,350−21.4%
33417$2,400−19.7%
33418$3,020+1.0%
33419$2,350−21.4%

Questions about ZIP 33414 rents

How much will Section 8 pay for a two-bedroom in ZIP 33414?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,990, that basic range is $2,691 to $3,289 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 33414 in?

ZIP 33414 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 33414 for FY 2027?

The two-bedroom FMR rose 4.5%, from $2,860 in FY 2026 to $2,990 in FY 2027. Since FY 2023 it has risen 37.2%.

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