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Pinellas County/Saint Petersburg/33711

33711

ZIPSAFMR
Pinellas County, FL
Zillow

ZIP Investment Score

129Above average

095130300
BRFMR
Eff. Rent
0 BR$1,900$1,610
1 BR$1,960$1,960
2 BR$2,280$2,380
3 BR$2,910$2,980
4 BR$3,540$3,690
5 BR$4,071Not available
6 BR$4,682Not available
7 BR$5,384Not available
8 BR$6,191Not available

Purchase Price Calculator

Maximum purchase price
$291,751

Cost breakdown

+Likely effective rent$2,380
HUD FMR$2,280
Market rent$2,430
Est. payment standard (104%)Used$2,380
-Principal and interest-$1,475
Loan amount$233,400
Down payment$58,350
Rate6.50%
Term30 years
-Operating costs-$705
Property taxes-$292
Insurance-$175
Utilities$0
HOA$0
Management-$238
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$37,995(65.1% ROI)
Projected value
$314,183
Return breakdown
Property appreciation+$22,433
Loan principal paid down+$8,362
Rental cash flow+$7,200
5-year hold
+$65,250(111.8% ROI)
Projected value
$330,089
Return breakdown
Property appreciation+$38,338
Loan principal paid down+$14,912
Rental cash flow+$12,000
10-year hold
+$141,247(242.1% ROI)
Projected value
$373,465
Return breakdown
Property appreciation+$81,715
Loan principal paid down+$35,533
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.18
1 BR
1.00
2 BR
0.94
3 BR
0.97
4 BR
0.94
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 33711 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 33711 (Saint Petersburg, FL) is $2,280 a month. That is up 0.4% from $2,270 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, 33711 has the 10th-highest two-bedroom rent (county range $1,580–$2,880). The median county two-bedroom FMR in Florida is $1,474, so ZIP 33711 is 55% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 33711
BedroomsFY 2027Change90–110% range
Studio$1,900+3.8%$1,710–$2,090
1BR$1,960+0.5%$1,764–$2,156
2BR$2,280+0.4%$2,052–$2,508
3BR$2,910+0.3%$2,619–$3,201
4BR$3,540+0.3%$3,186–$3,894

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 33711
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,900$1,960$2,280$2,910$3,540
FY 2026$1,830$1,950$2,270$2,900$3,530
FY 2025$1,720$1,850$2,170$2,780$3,380
FY 2024$1,520$1,640$1,940$2,480$3,030
FY 2023$1,350$1,450$1,740$2,230$2,730

Two-bedroom rent in nearby Pinellas County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 33711
33705$1,940−14.9%
33706$2,060−9.6%
33707$1,820−20.2%
33708$2,410+5.7%
33709$1,730−24.1%
33710$1,950−14.5%
33711Current$2,280—
33712$1,850−18.9%
33713$1,800−21.1%
33714$1,630−28.5%
33715$2,880+26.3%
33716$2,470+8.3%

Questions about ZIP 33711 rents

How much will Section 8 pay for a two-bedroom in ZIP 33711?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,280, that basic range is $2,052 to $2,508 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 33711 in?

ZIP 33711 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 33711 for FY 2027?

The two-bedroom FMR rose 0.4%, from $2,270 in FY 2026 to $2,280 in FY 2027. Since FY 2023 it has risen 31.0%.

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