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Polk County/Winter Haven/33884

33884

ZIPSAFMR
Polk County, FL
Zillow

ZIP Investment Score

88Below average

095130300
BRFMR
Eff. Rent
0 BR$1,460$1,490
1 BR$1,550$1,440
2 BR$1,860$1,670
3 BR$2,560$1,760
4 BR$3,110$2,130
5 BR$3,576Not available
6 BR$4,113Not available
7 BR$4,730Not available
8 BR$5,439Not available

Purchase Price Calculator

Maximum purchase price
$186,245

Cost breakdown

+Likely effective rent$1,670
HUD FMR$1,860
Market rentUsed$1,670
Est. payment standard (93%)$1,740
-Principal and interest-$942
Loan amount$148,996
Down payment$37,249
Rate6.50%
Term30 years
-Operating costs-$528
Property taxes-$186
Insurance-$175
Utilities$0
HOA$0
Management-$167
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$26,859(72.1% ROI)
Projected value
$200,565
Return breakdown
Property appreciation+$14,320
Loan principal paid down+$5,338
Rental cash flow+$7,200
5-year hold
+$45,993(123.5% ROI)
Projected value
$210,719
Return breakdown
Property appreciation+$24,474
Loan principal paid down+$9,519
Rental cash flow+$12,000
10-year hold
+$98,847(265.4% ROI)
Projected value
$238,409
Return breakdown
Property appreciation+$52,164
Loan principal paid down+$22,683
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.97
1 BR
1.08
2 BR
1.11
3 BR
1.45
4 BR
1.46
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 33884 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 33884 (Winter Haven, FL) is $1,860 a month. That is up 6.3% from $1,750 in FY 2026. Winter Haven is in the Lakeland-Winter Haven, FL MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,608. Among 58 ZIP codes in Polk County, 33884 is tied for the 10th-highest two-bedroom rent (county range $1,350–$2,800). The median county two-bedroom FMR in Florida is $1,474, so ZIP 33884 is 26% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 33884
BedroomsFY 2027Change90–110% range
Studio$1,460+2.1%$1,314–$1,606
1BR$1,550+7.6%$1,395–$1,705
2BR$1,860+6.3%$1,674–$2,046
3BR$2,560+8.5%$2,304–$2,816
4BR$3,110+5.8%$2,799–$3,421

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 33884
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,460$1,550$1,860$2,560$3,110
FY 2026$1,430$1,440$1,750$2,360$2,940
FY 2025$1,240$1,250$1,530$2,060$2,570
FY 2024$1,170$1,170$1,450$1,950$2,460
FY 2023$1,080$1,080$1,340$1,810$2,280

Two-bedroom rent in nearby Polk County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 33884
33867$1,420−23.7%
33868$1,360−26.9%
33877$1,610−13.4%
33880$1,440−22.6%
33881$1,430−23.1%
33882$1,610−13.4%
33883$1,610−13.4%
33884Current$1,860—
33885$1,610−13.4%
33896$2,390+28.5%
33897$2,300+23.7%
33898$1,420−23.7%

Questions about ZIP 33884 rents

How much will Section 8 pay for a two-bedroom in ZIP 33884?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,608, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,447 to $1,769 a month; under the ZIP-level Small Area FMR of $1,860 it would be $1,674 to $2,046. 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 33884 in?

ZIP 33884 is in the Lakeland-Winter Haven, FL MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,608.

How much did fair market rent change in ZIP 33884 for FY 2027?

The two-bedroom FMR rose 6.3%, from $1,750 in FY 2026 to $1,860 in FY 2027. Since FY 2023 it has risen 38.8%.

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 rentWinter Haven, FL fair market rentFL statewide rentsWhat is SAFMR?Data sources