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Hillsborough County/Plant City/33563

33563

ZIPSAFMR
Hillsborough County, FL
Zillow

ZIP Investment Score

106Above average

095130300
BRFMR
Eff. Rent
0 BR$1,340$1,260
1 BR$1,380$1,230
2 BR$1,610$1,660
3 BR$2,060$2,070
4 BR$2,500$2,420
5 BR$2,875Not available
6 BR$3,306Not available
7 BR$3,802Not available
8 BR$4,373Not available

Purchase Price Calculator

Maximum purchase price
$184,759

Cost breakdown

+Likely effective rent$1,660
HUD FMR$1,610
Market rent$1,680
Est. payment standard (103%)Used$1,660
-Principal and interest-$934
Loan amount$147,807
Down payment$36,952
Rate6.50%
Term30 years
-Operating costs-$526
Property taxes-$185
Insurance-$175
Utilities$0
HOA$0
Management-$166
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$26,702(72.3% ROI)
Projected value
$198,965
Return breakdown
Property appreciation+$14,206
Loan principal paid down+$5,296
Rental cash flow+$7,200
5-year hold
+$45,722(123.7% ROI)
Projected value
$209,038
Return breakdown
Property appreciation+$24,279
Loan principal paid down+$9,443
Rental cash flow+$12,000
10-year hold
+$98,250(265.9% ROI)
Projected value
$236,507
Return breakdown
Property appreciation+$51,748
Loan principal paid down+$22,502
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.06
1 BR
1.12
2 BR
0.96
3 BR
1.00
4 BR
1.03
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 33563 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 33563 (Plant City, FL) is $1,610 a month. That is down 3.0% from $1,660 in FY 2026. Plant City 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, 33563 is tied for the 80th-highest two-bedroom rent (county range $1,170–$2,880). The median county two-bedroom FMR in Florida is $1,474, so ZIP 33563 is 9% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 33563
BedroomsFY 2027Change90–110% range
Studio$1,3400.0%$1,206–$1,474
1BR$1,380−2.8%$1,242–$1,518
2BR$1,610−3.0%$1,449–$1,771
3BR$2,060−2.8%$1,854–$2,266
4BR$2,500−3.1%$2,250–$2,750

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 33563
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,340$1,380$1,610$2,060$2,500
FY 2026$1,340$1,420$1,660$2,120$2,580
FY 2025$1,320$1,420$1,670$2,140$2,600
FY 2024$1,230$1,320$1,570$2,010$2,450
FY 2023$1,100$1,180$1,420$1,820$2,230

Two-bedroom rent in nearby Hillsborough County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 33563
33556$2,150+33.5%
33558$1,860+15.5%
33559$1,830+13.7%
33563Current$1,610—
33564$1,970+22.4%
33565$1,560−3.1%
33566$1,680+4.3%
33567$1,6100.0%
33568$1,970+22.4%
33569$2,600+61.5%
33570$1,540−4.3%
33571$1,970+22.4%

Questions about ZIP 33563 rents

How much will Section 8 pay for a two-bedroom in ZIP 33563?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,610, that basic range is $1,449 to $1,771 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 33563 in?

ZIP 33563 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 33563 for FY 2027?

The two-bedroom FMR fell 3.0%, from $1,660 in FY 2026 to $1,610 in FY 2027. Since FY 2023 it has risen 13.4%.

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