33907
ZIPSAFMR
Lee County, FL
BRFMR
Eff. Rent
0 BR$1,670$1,230
1 BR$1,680$1,480
2 BR$2,010$1,870
3 BR$2,620$2,150
4 BR$2,910$2,160
5 BR$3,346
6 BR$3,848
7 BR$4,426
8 BR$5,090

Purchase Price Calculator

Maximum purchase price
$215,965

Cost breakdown

+Likely effective rent$1,870
HUD FMR$2,010
Market rentUsed$1,870
Est. payment standard (95%)$1,920
Market rent is below the inferred standard ($1,920, 95% of FMR).
-Principal and interest-$1,092
Loan amount$172,772
Down payment$43,193
Rate6.50%
Term30 years
-Operating costs-$578
Property taxes-$216
Insurance-$175
Utilities$0
HOA$0
Management-$187
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$29,996(69.4% ROI)
Projected value
$232,570
Current value$215,965
Return breakdown
Property appreciation+$16,606
Loan principal paid down+$6,190
Rental cash flow+$7,200
5-year hold
+$51,418(119.0% ROI)
Projected value
$244,344
Current value$215,965
Return breakdown
Property appreciation+$28,380
Loan principal paid down+$11,038
Rental cash flow+$12,000
10-year hold
+$110,791(256.5% ROI)
Projected value
$276,453
Current value$215,965
Return breakdown
Property appreciation+$60,488
Loan principal paid down+$26,303
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
1.36ratio
FMR$1,670
Market$1,230
vs market+$440

FMR is above market; underwrite to market rent.

90% standard$1,503 / 1.22 ratio110% standard$1,837 / 1.49 ratio
1.36
1 BR
1 BR
1.14ratio
FMR$1,680
Market$1,480
vs market+$200

FMR is above market; underwrite to market rent.

90% standard$1,512 / 1.02 ratio110% standard$1,848 / 1.25 ratio
1.14
2 BR
2 BR
1.07ratio
FMR$2,010
Market$1,870
vs market+$140

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

90% standard$1,809 / 0.97 ratio110% standard$2,211 / 1.18 ratio
1.07
3 BR
3 BR
1.22ratio
FMR$2,620
Market$2,150
vs market+$470

FMR is above market; underwrite to market rent.

90% standard$2,358 / 1.10 ratio110% standard$2,882 / 1.34 ratio
1.22
4 BR
4 BR
1.35ratio
FMR$2,910
Market$2,160
vs market+$750

FMR is above market; underwrite to market rent.

90% standard$2,619 / 1.21 ratio110% standard$3,201 / 1.48 ratio
1.35
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 33907 (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.

33907 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 33907 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,010 and the 4 bedroom fair market rent is $2,910.

Use this page for searches like 33907 FMR, 33907 fair market rent, and 33907 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 33907
Bedroom sizeHUD FMR
Studio$1,670
1 bedroom$1,680
2 bedroom$2,010
3 bedroom$2,620
4 bedroom$2,910