33731
ZIPSAFMR
Pinellas County, FL
BRFMR
Eff. Rent
0 BR$1,600$1,240
1 BR$1,710$1,450
2 BR$1,990$2,020
3 BR$2,540$2,480
4 BR$3,100$2,950
5 BR$3,565
6 BR$4,100
7 BR$4,715
8 BR$5,422

Purchase Price Calculator

Maximum purchase price
$238,255

Cost breakdown

+Likely effective rent$2,020
HUD FMR$1,990
Market rent$2,030
Est. payment standard (101%)Used$2,020
Estimated payment standard is $2,020 (101% of FMR).
-Principal and interest-$1,205
Loan amount$190,604
Down payment$47,651
Rate6.50%
Term30 years
-Operating costs-$615
Property taxes-$238
Insurance-$175
Utilities$0
HOA$0
Management-$202
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$32,348(67.9% ROI)
Projected value
$256,574
Current value$238,255
Return breakdown
Property appreciation+$18,320
Loan principal paid down+$6,829
Rental cash flow+$7,200
5-year hold
+$55,486(116.4% ROI)
Projected value
$269,563
Current value$238,255
Return breakdown
Property appreciation+$31,309
Loan principal paid down+$12,178
Rental cash flow+$12,000
10-year hold
+$119,749(251.3% ROI)
Projected value
$304,986
Current value$238,255
Return breakdown
Property appreciation+$66,731
Loan principal paid down+$29,017
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
1.29ratio
FMR$1,600
Market$1,240
vs market+$360

FMR is above market; underwrite to market rent.

90% standard$1,440 / 1.16 ratio110% standard$1,760 / 1.42 ratio
1.29
1 BR
1 BR
1.18ratio
FMR$1,710
Market$1,450
vs market+$260

FMR is above market; underwrite to market rent.

90% standard$1,539 / 1.06 ratio110% standard$1,881 / 1.30 ratio
1.18
2 BR
2 BR
0.98ratio
FMR$1,990
Market$2,030
vs market-$40

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

90% standard$1,791 / 0.88 ratio110% standard$2,189 / 1.08 ratio
0.98
3 BR
3 BR
1.02ratio
FMR$2,540
Market$2,480
vs market+$60

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

90% standard$2,286 / 0.92 ratio110% standard$2,794 / 1.13 ratio
1.02
4 BR
4 BR
1.05ratio
FMR$3,100
Market$2,950
vs market+$150

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

90% standard$2,790 / 0.95 ratio110% standard$3,410 / 1.16 ratio
1.05
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 33731 (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.

33731 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 33731 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,990 and the 4 bedroom fair market rent is $3,100.

Use this page for searches like 33731 FMR, 33731 fair market rent, and 33731 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 33731
Bedroom sizeHUD FMR
Studio$1,600
1 bedroom$1,710
2 bedroom$1,990
3 bedroom$2,540
4 bedroom$3,100