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Pinellas County/Saint Petersburg/33707

33707

ZIPSAFMR
Pinellas County, FL
Zillow

ZIP Investment Score

73Below average

095130300
BRFMR
Eff. Rent
0 BR$1,520$1,640
1 BR$1,560$1,720
2 BR$1,820$2,000
3 BR$2,320$2,550
4 BR$2,830$3,110
5 BR$3,254Not available
6 BR$3,743Not available
7 BR$4,304Not available
8 BR$4,950Not available

Purchase Price Calculator

Maximum purchase price
$235,283

Cost breakdown

+Likely effective rent$2,000
HUD FMR$1,820
Market rent$2,390
Est. payment standard (110%)Used$2,000
-Principal and interest-$1,190
Loan amount$188,226
Down payment$47,057
Rate6.50%
Term30 years
-Operating costs-$610
Property taxes-$235
Insurance-$175
Utilities$0
HOA$0
Management-$200
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$32,035(68.1% ROI)
Projected value
$253,374
Return breakdown
Property appreciation+$18,091
Loan principal paid down+$6,744
Rental cash flow+$7,200
5-year hold
+$54,944(116.8% ROI)
Projected value
$266,201
Return breakdown
Property appreciation+$30,918
Loan principal paid down+$12,026
Rental cash flow+$12,000
10-year hold
+$118,554(251.9% ROI)
Projected value
$301,182
Return breakdown
Property appreciation+$65,899
Loan principal paid down+$28,655
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.89
1 BR
0.76
2 BR
0.76
3 BR
0.71
4 BR
0.83
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 33707 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 33707 (Saint Petersburg, FL) is $1,820 a month. That is down 3.7% from $1,890 in FY 2026. Saint Petersburg is in the Tampa-St. Petersburg-Clearwater, FL MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 70 ZIP codes in Pinellas County, 33707 is tied for the 56th-highest two-bedroom rent (county range $1,580–$2,880). The median county two-bedroom FMR in Florida is $1,474, so ZIP 33707 is 23% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 33707
BedroomsFY 2027Change90–110% range
Studio$1,5200.0%$1,368–$1,672
1BR$1,560−3.7%$1,404–$1,716
2BR$1,820−3.7%$1,638–$2,002
3BR$2,320−4.1%$2,088–$2,552
4BR$2,830−3.7%$2,547–$3,113

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 33707
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,520$1,560$1,820$2,320$2,830
FY 2026$1,520$1,620$1,890$2,420$2,940
FY 2025$1,470$1,590$1,860$2,380$2,900
FY 2024$1,360$1,470$1,740$2,220$2,710
FY 2023$1,270$1,360$1,630$2,090$2,560

Two-bedroom rent in nearby Pinellas County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 33707
33701$2,060+13.2%
33702$1,840+1.1%
33703$2,100+15.4%
33704$1,770−2.7%
33705$1,940+6.6%
33706$2,060+13.2%
33707Current$1,820—
33708$2,410+32.4%
33709$1,730−4.9%
33710$1,950+7.1%
33711$2,280+25.3%
33712$1,850+1.6%

Questions about ZIP 33707 rents

How much will Section 8 pay for a two-bedroom in ZIP 33707?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,820, that basic range is $1,638 to $2,002 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is ZIP 33707 in?

ZIP 33707 is in the Tampa-St. Petersburg-Clearwater, FL MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in ZIP 33707 for FY 2027?

The two-bedroom FMR fell 3.7%, from $1,890 in FY 2026 to $1,820 in FY 2027. Since FY 2023 it has risen 11.7%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

County fair market rentSaint Petersburg, FL fair market rentFL statewide rentsWhat is SAFMR?Data sources