33604
ZIPSAFMR
Hillsborough County, FL
BRFMR
Eff. Rent
0 BR$1,540$1,380
1 BR$1,640$1,690
2 BR$1,910$1,980
3 BR$2,440$2,540
4 BR$2,970$2,810
5 BR$3,415
6 BR$3,928
7 BR$4,517
8 BR$5,195

Purchase Price Calculator

Maximum purchase price
$232,311

Cost breakdown

+Likely effective rent$1,980
HUD FMR$1,910
Market rent$2,020
Est. payment standard (104%)Used$1,980
Estimated payment standard is $1,980 (104% of FMR).
-Principal and interest-$1,175
Loan amount$185,849
Down payment$46,462
Rate6.50%
Term30 years
-Operating costs-$605
Property taxes-$232
Insurance-$175
Utilities$0
HOA$0
Management-$198
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$31,721(68.3% ROI)
Projected value
$250,173
Current value$232,311
Return breakdown
Property appreciation+$17,863
Loan principal paid down+$6,659
Rental cash flow+$7,200
5-year hold
+$54,401(117.1% ROI)
Projected value
$262,838
Current value$232,311
Return breakdown
Property appreciation+$30,528
Loan principal paid down+$11,874
Rental cash flow+$12,000
10-year hold
+$117,360(252.6% ROI)
Projected value
$297,377
Current value$232,311
Return breakdown
Property appreciation+$65,067
Loan principal paid down+$28,293
Rental cash flow+$24,000

Upgrade to access AI-powered research tools

Upgrade

Rolodex

Upgrade to access AI-powered research tools

Upgrade

Market Alignment

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

Studio
Studio
1.12ratio
FMR$1,540
Market$1,380
vs market+$160

FMR is above market; underwrite to market rent.

90% standard$1,386 / 1.00 ratio110% standard$1,694 / 1.23 ratio
1.12
1 BR
1 BR
0.96ratio
FMR$1,640
Market$1,710
vs market-$70

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

90% standard$1,476 / 0.86 ratio110% standard$1,804 / 1.05 ratio
0.96
2 BR
2 BR
0.95ratio
FMR$1,910
Market$2,020
vs market-$110

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

90% standard$1,719 / 0.85 ratio110% standard$2,101 / 1.04 ratio
0.95
3 BR
3 BR
0.94ratio
FMR$2,440
Market$2,600
vs market-$160

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

90% standard$2,196 / 0.84 ratio110% standard$2,684 / 1.03 ratio
0.94
4 BR
4 BR
1.06ratio
FMR$2,970
Market$2,810
vs market+$160

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

90% standard$2,673 / 0.95 ratio110% standard$3,267 / 1.16 ratio
1.06
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 33604 (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.

33604 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 33604 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,910 and the 4 bedroom fair market rent is $2,970.

Use this page for searches like 33604 FMR, 33604 fair market rent, and 33604 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 33604
Bedroom sizeHUD FMR
Studio$1,540
1 bedroom$1,640
2 bedroom$1,910
3 bedroom$2,440
4 bedroom$2,970