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Palm Beach County/Boynton Beach/33437

33437

ZIPSAFMR
Palm Beach County, FL
Zillow

ZIP Investment Score

102Above average

095130300
BRFMR
Eff. Rent
0 BR$2,040$2,090
1 BR$2,150$2,210
2 BR$2,510$2,760
3 BR$3,260$3,380
4 BR$3,760$3,710
5 BR$4,324Not available
6 BR$4,973Not available
7 BR$5,718Not available
8 BR$6,576Not available

Purchase Price Calculator

Maximum purchase price
$348,218

Cost breakdown

+Likely effective rent$2,760
HUD FMR$2,510
Market rent$2,970
Est. payment standard (110%)Used$2,760
-Principal and interest-$1,761
Loan amount$278,575
Down payment$69,644
Rate6.50%
Term30 years
-Operating costs-$799
Property taxes-$348
Insurance-$175
Utilities$0
HOA$0
Management-$276
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$43,955(63.1% ROI)
Projected value
$374,993
Return breakdown
Property appreciation+$26,775
Loan principal paid down+$9,981
Rental cash flow+$7,200
5-year hold
+$75,557(108.5% ROI)
Projected value
$393,977
Return breakdown
Property appreciation+$45,759
Loan principal paid down+$17,798
Rental cash flow+$12,000
10-year hold
+$163,940(235.4% ROI)
Projected value
$445,749
Return breakdown
Property appreciation+$97,531
Loan principal paid down+$42,410
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.96
1 BR
0.96
2 BR
0.85
3 BR
0.95
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 33437 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 33437 (Boynton Beach, FL) is $2,510 a month. That is up 3.7% from $2,420 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, 33437 has the 25th-highest two-bedroom rent (county range $1,080–$3,520). The median county two-bedroom FMR in Florida is $1,474, so ZIP 33437 is 70% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 33437
BedroomsFY 2027Change90–110% range
Studio$2,040+6.3%$1,836–$2,244
1BR$2,150+5.4%$1,935–$2,365
2BR$2,510+3.7%$2,259–$2,761
3BR$3,260+3.8%$2,934–$3,586
4BR$3,760+3.3%$3,384–$4,136

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 33437
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,040$2,150$2,510$3,260$3,760
FY 2026$1,920$2,040$2,420$3,140$3,640
FY 2025$1,750$1,950$2,330$3,040$3,640
FY 2024$1,710$2,010$2,420$3,200$3,870
FY 2023$1,380$1,690$2,070$2,770$3,380

Two-bedroom rent in nearby Palm Beach County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 33437
33430$1,100−56.2%
33431$3,140+25.1%
33432$3,200+27.5%
33433$2,880+14.7%
33434$1,970−21.5%
33435$2,520+0.4%
33436$2,430−3.2%
33437Current$2,510—
33438$1,670−33.5%
33440$1,080−57.0%
33441$2,020−19.5%
33444$2,190−12.7%

Questions about ZIP 33437 rents

How much will Section 8 pay for a two-bedroom in ZIP 33437?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,510, that basic range is $2,259 to $2,761 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 33437 in?

ZIP 33437 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 33437 for FY 2027?

The two-bedroom FMR rose 3.7%, from $2,420 in FY 2026 to $2,510 in FY 2027. Since FY 2023 it has risen 21.3%.

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