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Palm Beach County/Delray Beach/33445

33445

ZIPSAFMR
Palm Beach County, FL
Zillow

ZIP Investment Score

80Below average

095130300
BRFMR
Eff. Rent
0 BR$2,010$1,980
1 BR$2,120$2,320
2 BR$2,480$2,300
3 BR$3,220$3,400
4 BR$3,720$3,930
5 BR$4,278Not available
6 BR$4,920Not available
7 BR$5,658Not available
8 BR$6,506Not available

Purchase Price Calculator

Maximum purchase price
$279,863

Cost breakdown

+Likely effective rent$2,300
HUD FMR$2,480
Market rentUsed$2,300
Est. payment standard (95%)$2,360
-Principal and interest-$1,415
Loan amount$223,890
Down payment$55,973
Rate6.50%
Term30 years
-Operating costs-$685
Property taxes-$280
Insurance-$175
Utilities$0
HOA$0
Management-$230
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$36,740(65.6% ROI)
Projected value
$301,381
Return breakdown
Property appreciation+$21,519
Loan principal paid down+$8,021
Rental cash flow+$7,200
5-year hold
+$63,081(112.7% ROI)
Projected value
$316,639
Return breakdown
Property appreciation+$36,776
Loan principal paid down+$14,304
Rental cash flow+$12,000
10-year hold
+$136,470(243.8% ROI)
Projected value
$358,248
Return breakdown
Property appreciation+$78,385
Loan principal paid down+$34,085
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.02
1 BR
0.88
2 BR
1.08
3 BR
0.92
4 BR
0.92
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 33445 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 33445 (Delray Beach, FL) is $2,480 a month. That is up 1.6% from $2,440 in FY 2026. Delray 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, 33445 has the 27th-highest two-bedroom rent (county range $1,080–$3,520). The median county two-bedroom FMR in Florida is $1,474, so ZIP 33445 is 68% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 33445
BedroomsFY 2027Change90–110% range
Studio$2,010+3.6%$1,809–$2,211
1BR$2,120+2.9%$1,908–$2,332
2BR$2,480+1.6%$2,232–$2,728
3BR$3,220+1.9%$2,898–$3,542
4BR$3,720+1.4%$3,348–$4,092

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 33445
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,010$2,120$2,480$3,220$3,720
FY 2026$1,940$2,060$2,440$3,160$3,670
FY 2025$1,840$2,060$2,460$3,210$3,840
FY 2024$1,750$2,050$2,470$3,260$3,950
FY 2023$1,420$1,730$2,120$2,830$3,460

Two-bedroom rent in nearby Palm Beach County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 33445
33435$2,520+1.6%
33436$2,430−2.0%
33437$2,510+1.2%
33438$1,670−32.7%
33440$1,080−56.5%
33441$2,020−18.5%
33444$2,190−11.7%
33445Current$2,480—
33446$2,240−9.7%
33448$2,350−5.2%
33449$3,520+41.9%
33454$2,350−5.2%

Questions about ZIP 33445 rents

How much will Section 8 pay for a two-bedroom in ZIP 33445?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,480, that basic range is $2,232 to $2,728 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 33445 in?

ZIP 33445 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 33445 for FY 2027?

The two-bedroom FMR rose 1.6%, from $2,440 in FY 2026 to $2,480 in FY 2027. Since FY 2023 it has risen 17.0%.

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