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Palm Beach County/Boynton Beach/33435

33435

ZIPSAFMR
Palm Beach County, FL
Zillow

ZIP Investment Score

100Above average

095130300
BRFMR
Eff. Rent
0 BR$2,050$1,640
1 BR$2,150$2,180
2 BR$2,520$2,770
3 BR$3,270$3,370
4 BR$3,780$3,560
5 BR$4,347Not available
6 BR$4,999Not available
7 BR$5,749Not available
8 BR$6,611Not available

Purchase Price Calculator

Maximum purchase price
$349,704

Cost breakdown

+Likely effective rent$2,770
HUD FMR$2,520
Market rent$2,960
Est. payment standard (110%)Used$2,770
-Principal and interest-$1,768
Loan amount$279,764
Down payment$69,941
Rate6.50%
Term30 years
-Operating costs-$802
Property taxes-$350
Insurance-$175
Utilities$0
HOA$0
Management-$277
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$44,112(63.1% ROI)
Projected value
$376,593
Return breakdown
Property appreciation+$26,889
Loan principal paid down+$10,023
Rental cash flow+$7,200
5-year hold
+$75,828(108.4% ROI)
Projected value
$395,658
Return breakdown
Property appreciation+$45,954
Loan principal paid down+$17,874
Rental cash flow+$12,000
10-year hold
+$164,538(235.3% ROI)
Projected value
$447,651
Return breakdown
Property appreciation+$97,947
Loan principal paid down+$42,591
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.25
1 BR
0.98
2 BR
0.85
3 BR
0.95
4 BR
1.06
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 33435 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 33435 (Boynton Beach, FL) is $2,520 a month. That is up 2.0% from $2,470 in FY 2026. Boynton 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, 33435 has the 24th-highest two-bedroom rent (county range $1,080–$3,520). The median county two-bedroom FMR in Florida is $1,474, so ZIP 33435 is 71% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 33435
BedroomsFY 2027Change90–110% range
Studio$2,050+4.6%$1,845–$2,255
1BR$2,150+3.4%$1,935–$2,365
2BR$2,520+2.0%$2,268–$2,772
3BR$3,270+2.2%$2,943–$3,597
4BR$3,780+1.9%$3,402–$4,158

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 33435
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,050$2,150$2,520$3,270$3,780
FY 2026$1,960$2,080$2,470$3,200$3,710
FY 2025$1,680$1,870$2,240$2,920$3,500
FY 2024$1,550$1,830$2,200$2,910$3,510
FY 2023$1,250$1,530$1,870$2,500$3,060

Two-bedroom rent in nearby Palm Beach County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 33435
33429$2,350−6.7%
33430$1,100−56.3%
33431$3,140+24.6%
33432$3,200+27.0%
33433$2,880+14.3%
33434$1,970−21.8%
33435Current$2,520—
33436$2,430−3.6%
33437$2,510−0.4%
33438$1,670−33.7%
33440$1,080−57.1%
33441$2,020−19.8%

Questions about ZIP 33435 rents

How much will Section 8 pay for a two-bedroom in ZIP 33435?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,520, that basic range is $2,268 to $2,772 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 33435 in?

ZIP 33435 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 33435 for FY 2027?

The two-bedroom FMR rose 2.0%, from $2,470 in FY 2026 to $2,520 in FY 2027. Since FY 2023 it has risen 34.8%.

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