33587
ZIPSAFMR
Hillsborough County, FL
BRFMR
Eff. Rent
0 BR$1,640$1,610
1 BR$1,740$1,600
2 BR$2,030$1,880
3 BR$2,600$2,150
4 BR$3,160$2,460
5 BR$3,634
6 BR$4,179
7 BR$4,806
8 BR$5,527

Purchase Price Calculator

Maximum purchase price
$217,451

Cost breakdown

+Likely effective rent$1,880
HUD FMR$2,030
Market rentUsed$1,880
Est. payment standard (95%)$1,930
Market rent is below the inferred standard ($1,930, 95% of FMR).
-Principal and interest-$1,100
Loan amount$173,961
Down payment$43,490
Rate6.50%
Term30 years
-Operating costs-$580
Property taxes-$217
Insurance-$175
Utilities$0
HOA$0
Management-$188
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$30,153(69.3% ROI)
Projected value
$234,171
Current value$217,451
Return breakdown
Property appreciation+$16,720
Loan principal paid down+$6,233
Rental cash flow+$7,200
5-year hold
+$51,689(118.9% ROI)
Projected value
$246,026
Current value$217,451
Return breakdown
Property appreciation+$28,575
Loan principal paid down+$11,114
Rental cash flow+$12,000
10-year hold
+$111,388(256.1% ROI)
Projected value
$278,355
Current value$217,451
Return breakdown
Property appreciation+$60,905
Loan principal paid down+$26,484
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
1.02ratio
FMR$1,640
Market$1,610
vs market+$30

FMR is near market; voucher and private rents are aligned.

90% standard$1,476 / 0.92 ratio110% standard$1,804 / 1.12 ratio
1.02
1 BR
1 BR
1.09ratio
FMR$1,740
Market$1,600
vs market+$140

FMR is near market; voucher and private rents are aligned.

90% standard$1,566 / 0.98 ratio110% standard$1,914 / 1.20 ratio
1.09
2 BR
2 BR
1.08ratio
FMR$2,030
Market$1,880
vs market+$150

FMR is near market; voucher and private rents are aligned.

90% standard$1,827 / 0.97 ratio110% standard$2,233 / 1.19 ratio
1.08
3 BR
3 BR
1.21ratio
FMR$2,600
Market$2,150
vs market+$450

FMR is above market; underwrite to market rent.

90% standard$2,340 / 1.09 ratio110% standard$2,860 / 1.33 ratio
1.21
4 BR
4 BR
1.28ratio
FMR$3,160
Market$2,460
vs market+$700

FMR is above market; underwrite to market rent.

90% standard$2,844 / 1.16 ratio110% standard$3,476 / 1.41 ratio
1.28
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 33587 (FL) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

33587 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 33587 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,030 and the 4 bedroom fair market rent is $3,160.

Use this page for searches like 33587 FMR, 33587 fair market rent, and 33587 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 33587
Bedroom sizeHUD FMR
Studio$1,640
1 bedroom$1,740
2 bedroom$2,030
3 bedroom$2,600
4 bedroom$3,160