33603
ZIPSAFMR
Hillsborough County, FL
BRFMR
Eff. Rent
0 BR$1,480$1,330
1 BR$1,570$1,320
2 BR$1,830$2,010
3 BR$2,340$2,570
4 BR$2,850$3,140
5 BR$3,277
6 BR$3,769
7 BR$4,334
8 BR$4,985

Purchase Price Calculator

Maximum purchase price
$236,769

Cost breakdown

+Likely effective rent$2,010
HUD FMR$1,830
Market rent$2,470
Est. payment standard (110%)Used$2,010
Estimated payment standard is $2,010 (110% of FMR).
-Principal and interest-$1,197
Loan amount$189,415
Down payment$47,354
Rate6.50%
Term30 years
-Operating costs-$613
Property taxes-$237
Insurance-$175
Utilities$0
HOA$0
Management-$201
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$32,192(68.0% ROI)
Projected value
$254,974
Current value$236,769
Return breakdown
Property appreciation+$18,205
Loan principal paid down+$6,786
Rental cash flow+$7,200
5-year hold
+$55,215(116.6% ROI)
Projected value
$267,882
Current value$236,769
Return breakdown
Property appreciation+$31,113
Loan principal paid down+$12,102
Rental cash flow+$12,000
10-year hold
+$119,152(251.6% ROI)
Projected value
$303,084
Current value$236,769
Return breakdown
Property appreciation+$66,315
Loan principal paid down+$28,836
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
1.11ratio
FMR$1,480
Market$1,330
vs market+$150

FMR is above market; underwrite to market rent.

90% standard$1,332 / 1.00 ratio110% standard$1,628 / 1.22 ratio
1.11
1 BR
1 BR
1.19ratio
FMR$1,570
Market$1,320
vs market+$250

FMR is above market; underwrite to market rent.

90% standard$1,413 / 1.07 ratio110% standard$1,727 / 1.31 ratio
1.19
2 BR
2 BR
0.74ratio
FMR$1,830
Market$2,470
vs market-$640

FMR is below market; voucher rent may lag private rents.

90% standard$1,647 / 0.67 ratio110% standard$2,013 / 0.81 ratio
0.74
3 BR
3 BR
0.76ratio
FMR$2,340
Market$3,060
vs market-$720

FMR is below market; voucher rent may lag private rents.

90% standard$2,106 / 0.69 ratio110% standard$2,574 / 0.84 ratio
0.76
4 BR
4 BR
0.86ratio
FMR$2,850
Market$3,300
vs market-$450

FMR is below market; voucher rent may lag private rents.

90% standard$2,565 / 0.78 ratio110% standard$3,135 / 0.95 ratio
0.86
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

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 33603 (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.

33603 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 33603 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,830 and the 4 bedroom fair market rent is $2,850.

Use this page for searches like 33603 FMR, 33603 fair market rent, and 33603 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 33603
Bedroom sizeHUD FMR
Studio$1,480
1 bedroom$1,570
2 bedroom$1,830
3 bedroom$2,340
4 bedroom$2,850