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Hillsborough County/Plant City/33565

33565

ZIPSAFMR
Hillsborough County, FL
Zillow

ZIP Investment Score

71Below average

095130300
BRFMR
Eff. Rent
0 BR$1,300$1,300
1 BR$1,340$1,380
2 BR$1,560$1,640
3 BR$1,990$2,090
4 BR$2,420$2,560
5 BR$2,783Not available
6 BR$3,200Not available
7 BR$3,681Not available
8 BR$4,233Not available

Purchase Price Calculator

Maximum purchase price
$181,787

Cost breakdown

+Likely effective rent$1,640
HUD FMR$1,560
Market rent$1,680
Est. payment standard (105%)Used$1,640
-Principal and interest-$919
Loan amount$145,429
Down payment$36,357
Rate6.50%
Term30 years
-Operating costs-$521
Property taxes-$182
Insurance-$175
Utilities$0
HOA$0
Management-$164
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$26,388(72.6% ROI)
Projected value
$195,765
Return breakdown
Property appreciation+$13,978
Loan principal paid down+$5,210
Rental cash flow+$7,200
5-year hold
+$45,180(124.3% ROI)
Projected value
$205,675
Return breakdown
Property appreciation+$23,888
Loan principal paid down+$9,292
Rental cash flow+$12,000
10-year hold
+$97,056(266.9% ROI)
Projected value
$232,703
Return breakdown
Property appreciation+$50,916
Loan principal paid down+$22,140
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.00
1 BR
0.96
2 BR
0.93
3 BR
0.93
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 33565 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 33565 (Plant City, FL) is $1,560 a month. That is up 0.6% from $1,550 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, 33565 has the 83rd-highest two-bedroom rent (county range $1,170–$2,880). The median county two-bedroom FMR in Florida is $1,474, so ZIP 33565 is 6% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 33565
BedroomsFY 2027Change90–110% range
Studio$1,300+4.0%$1,170–$1,430
1BR$1,340+0.8%$1,206–$1,474
2BR$1,560+0.6%$1,404–$1,716
3BR$1,990+0.5%$1,791–$2,189
4BR$2,420+0.4%$2,178–$2,662

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 33565
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,300$1,340$1,560$1,990$2,420
FY 2026$1,250$1,330$1,550$1,980$2,410
FY 2025$1,270$1,370$1,610$2,060$2,510
FY 2024$1,210$1,300$1,540$1,970$2,400
FY 2023$1,110$1,190$1,430$1,830$2,240

Two-bedroom rent in nearby Hillsborough County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 33565
33558$1,860+19.2%
33559$1,830+17.3%
33563$1,610+3.2%
33564$1,970+26.3%
33565Current$1,560—
33566$1,680+7.7%
33567$1,610+3.2%
33568$1,970+26.3%
33569$2,600+66.7%
33570$1,540−1.3%
33571$1,970+26.3%
33572$2,640+69.2%

Questions about ZIP 33565 rents

How much will Section 8 pay for a two-bedroom in ZIP 33565?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,560, that basic range is $1,404 to $1,716 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 33565 in?

ZIP 33565 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 33565 for FY 2027?

The two-bedroom FMR rose 0.6%, from $1,550 in FY 2026 to $1,560 in FY 2027. Since FY 2023 it has risen 9.1%.

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