33609
ZIPSAFMR
Hillsborough County, FL
BRFMR
Eff. Rent
0 BR$1,930$1,470
1 BR$2,060$1,920
2 BR$2,400$2,370
3 BR$3,070$3,330
4 BR$3,740$4,060
5 BR$4,301
6 BR$4,946
7 BR$5,688
8 BR$6,541

Purchase Price Calculator

Maximum purchase price
$290,265

Cost breakdown

+Likely effective rent$2,370
HUD FMR$2,400
Market rentUsed$2,370
Est. payment standard (99%)$2,380
Market rent is below the inferred standard ($2,380, 99% of FMR).
-Principal and interest-$1,468
Loan amount$232,212
Down payment$58,053
Rate6.50%
Term30 years
-Operating costs-$702
Property taxes-$290
Insurance-$175
Utilities$0
HOA$0
Management-$237
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$37,838(65.2% ROI)
Projected value
$312,583
Current value$290,265
Return breakdown
Property appreciation+$22,319
Loan principal paid down+$8,320
Rental cash flow+$7,200
5-year hold
+$64,979(111.9% ROI)
Projected value
$328,408
Current value$290,265
Return breakdown
Property appreciation+$38,143
Loan principal paid down+$14,836
Rental cash flow+$12,000
10-year hold
+$140,650(242.3% ROI)
Projected value
$371,563
Current value$290,265
Return breakdown
Property appreciation+$81,299
Loan principal paid down+$35,352
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
1.31ratio
FMR$1,930
Market$1,470
vs market+$460

FMR is above market; underwrite to market rent.

90% standard$1,737 / 1.18 ratio110% standard$2,123 / 1.44 ratio
1.31
1 BR
1 BR
1.07ratio
FMR$2,060
Market$1,920
vs market+$140

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

90% standard$1,854 / 0.97 ratio110% standard$2,266 / 1.18 ratio
1.07
2 BR
2 BR
1.01ratio
FMR$2,400
Market$2,370
vs market+$30

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

90% standard$2,160 / 0.91 ratio110% standard$2,640 / 1.11 ratio
1.01
3 BR
3 BR
0.88ratio
FMR$3,070
Market$3,470
vs market-$400

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

90% standard$2,763 / 0.80 ratio110% standard$3,377 / 0.97 ratio
0.88
4 BR
4 BR
0.88ratio
FMR$3,740
Market$4,230
vs market-$490

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

90% standard$3,366 / 0.80 ratio110% standard$4,114 / 0.97 ratio
0.88
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 33609 (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.

33609 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 33609 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,400 and the 4 bedroom fair market rent is $3,740.

Use this page for searches like 33609 FMR, 33609 fair market rent, and 33609 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 33609
Bedroom sizeHUD FMR
Studio$1,930
1 bedroom$2,060
2 bedroom$2,400
3 bedroom$3,070
4 bedroom$3,740