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Hillsborough County/Dover/33527

33527

ZIPSAFMR
Hillsborough County, FL
Zillow

ZIP Investment Score

55Below average

095130300
BRFMR
Eff. Rent
0 BR$970$1,070
1 BR$1,010$1,110
2 BR$1,170$1,290
3 BR$1,490$1,640
4 BR$1,820$2,000
5 BR$2,093Not available
6 BR$2,407Not available
7 BR$2,768Not available
8 BR$3,183Not available

Purchase Price Calculator

Maximum purchase price
$129,777

Cost breakdown

+Likely effective rent$1,290
HUD FMR$1,170
Market rent$2,010
Est. payment standard (110%)Used$1,290
-Principal and interest-$656
Loan amount$103,822
Down payment$25,955
Rate6.50%
Term30 years
-Operating costs-$434
Property taxes-$130
Insurance-$175
Utilities$0
HOA$0
Management-$129
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$20,898(80.5% ROI)
Projected value
$139,756
Return breakdown
Property appreciation+$9,979
Loan principal paid down+$3,720
Rental cash flow+$7,200
5-year hold
+$35,687(137.5% ROI)
Projected value
$146,831
Return breakdown
Property appreciation+$17,054
Loan principal paid down+$6,633
Rental cash flow+$12,000
10-year hold
+$76,154(293.4% ROI)
Projected value
$166,126
Return breakdown
Property appreciation+$36,349
Loan principal paid down+$15,806
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.58
1 BR
0.61
2 BR
0.58
3 BR
0.67
4 BR
0.74
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 33527 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 33527 (Dover, FL) is $1,170 a month. That is down 7.1% from $1,260 in FY 2026. Dover is in the Tampa-St. Petersburg-Clearwater, FL MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 89 ZIP codes in Hillsborough County, 33527 has the 89th-highest two-bedroom rent (county range $1,170–$2,880). The median county two-bedroom FMR in Florida is $1,474, so ZIP 33527 is 21% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 33527
BedroomsFY 2027Change90–110% range
Studio$970−4.9%$873–$1,067
1BR$1,010−6.5%$909–$1,111
2BR$1,170−7.1%$1,053–$1,287
3BR$1,490−7.5%$1,341–$1,639
4BR$1,820−7.1%$1,638–$2,002

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 33527
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$970$1,010$1,170$1,490$1,820
FY 2026$1,020$1,080$1,260$1,610$1,960
FY 2025$1,050$1,130$1,320$1,690$2,060
FY 2024$1,060$1,140$1,350$1,730$2,110
FY 2023$1,030$1,100$1,320$1,690$2,070

Two-bedroom rent in nearby Hillsborough County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 33527
33508$1,970+68.4%
33509$1,970+68.4%
33510$1,780+52.1%
33511$2,210+88.9%
33527Current$1,170—
33530$1,650+41.0%
33534$1,740+48.7%
33540$1,230+5.1%
33544$2,440+108.5%
33547$2,800+139.3%
33548$2,410+106.0%
33549$2,020+72.6%

Questions about ZIP 33527 rents

How much will Section 8 pay for a two-bedroom in ZIP 33527?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,170, that basic range is $1,053 to $1,287 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 33527 in?

ZIP 33527 is in the Tampa-St. Petersburg-Clearwater, FL MSA. 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 33527 for FY 2027?

The two-bedroom FMR fell 7.1%, from $1,260 in FY 2026 to $1,170 in FY 2027. Since FY 2023 it has fallen 11.4%.

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