33688
ZIPSAFMR
Hillsborough County, FL
BRFMR
Eff. Rent
0 BR$1,640$1,800
1 BR$1,740$1,910
2 BR$2,030$2,230
3 BR$2,600$2,860
4 BR$3,160$3,480
5 BR$3,634
6 BR$4,179
7 BR$4,806
8 BR$5,527

Purchase Price Calculator

Maximum purchase price
$269,461

Cost breakdown

+Likely effective rent$2,230
HUD FMR$2,030
Market rent$3,330
Est. payment standard (110%)Used$2,230
Estimated payment standard is $2,230 (110% of FMR).
-Principal and interest-$1,363
Loan amount$215,568
Down payment$53,892
Rate6.50%
Term30 years
-Operating costs-$667
Property taxes-$269
Insurance-$175
Utilities$0
HOA$0
Management-$223
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$35,642(66.1% ROI)
Projected value
$290,180
Current value$269,461
Return breakdown
Property appreciation+$20,719
Loan principal paid down+$7,723
Rental cash flow+$7,200
5-year hold
+$61,182(113.5% ROI)
Projected value
$304,870
Current value$269,461
Return breakdown
Property appreciation+$35,409
Loan principal paid down+$13,773
Rental cash flow+$12,000
10-year hold
+$132,290(245.5% ROI)
Projected value
$344,932
Current value$269,461
Return breakdown
Property appreciation+$75,472
Loan principal paid down+$32,818
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
0.82ratio
FMR$1,640
Market$1,990
vs market-$350

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

90% standard$1,476 / 0.74 ratio110% standard$1,804 / 0.91 ratio
0.82
1 BR
1 BR
0.63ratio
FMR$1,740
Market$2,760
vs market-$1,020

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

90% standard$1,566 / 0.57 ratio110% standard$1,914 / 0.69 ratio
0.63
2 BR
2 BR
0.61ratio
FMR$2,030
Market$3,330
vs market-$1,300

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

90% standard$1,827 / 0.55 ratio110% standard$2,233 / 0.67 ratio
0.61
3 BR
3 BR
0.58ratio
FMR$2,600
Market$4,490
vs market-$1,890

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

90% standard$2,340 / 0.52 ratio110% standard$2,860 / 0.64 ratio
0.58
4 BR
4 BR
0.49ratio
FMR$3,160
Market$6,460
vs market-$3,300

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

0.49
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for all bedroom 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 33688 (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.

33688 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 33688 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 33688 FMR, 33688 fair market rent, and 33688 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 33688
Bedroom sizeHUD FMR
Studio$1,640
1 bedroom$1,740
2 bedroom$2,030
3 bedroom$2,600
4 bedroom$3,160