33974
ZIPSAFMR
Lee County, FL
BRFMR
Eff. Rent
0 BR$1,740$1,790
1 BR$1,750$1,610
2 BR$2,100$1,710
3 BR$2,740$1,910
4 BR$3,040$2,200
5 BR$3,496
6 BR$4,020
7 BR$4,623
8 BR$5,317

Purchase Price Calculator

Maximum purchase price
$192,189

Cost breakdown

+Likely effective rent$1,710
HUD FMR$2,100
Market rentUsed$1,710
Est. payment standard (90%)$1,890
Market rent is below the inferred standard ($1,890, 90% of FMR).
-Principal and interest-$972
Loan amount$153,751
Down payment$38,438
Rate6.50%
Term30 years
-Operating costs-$538
Property taxes-$192
Insurance-$175
Utilities$0
HOA$0
Management-$171
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$27,486(71.5% ROI)
Projected value
$206,966
Current value$192,189
Return breakdown
Property appreciation+$14,778
Loan principal paid down+$5,509
Rental cash flow+$7,200
5-year hold
+$47,078(122.5% ROI)
Projected value
$217,444
Current value$192,189
Return breakdown
Property appreciation+$25,255
Loan principal paid down+$9,823
Rental cash flow+$12,000
10-year hold
+$101,236(263.4% ROI)
Projected value
$246,018
Current value$192,189
Return breakdown
Property appreciation+$53,829
Loan principal paid down+$23,407
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
0.96ratio
FMR$1,740
Market$1,810
vs market-$70

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

90% standard$1,566 / 0.87 ratio110% standard$1,914 / 1.06 ratio
0.96
1 BR
1 BR
1.09ratio
FMR$1,750
Market$1,610
vs market+$140

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

90% standard$1,575 / 0.98 ratio110% standard$1,925 / 1.20 ratio
1.09
2 BR
2 BR
1.23ratio
FMR$2,100
Market$1,710
vs market+$390

FMR is above market; underwrite to market rent.

90% standard$1,890 / 1.11 ratio110% standard$2,310 / 1.35 ratio
1.23
3 BR
3 BR
1.43ratio
FMR$2,740
Market$1,910
vs market+$830

FMR is above market; underwrite to market rent.

90% standard$2,466 / 1.29 ratio110% standard$3,014 / 1.58 ratio
1.43
4 BR
4 BR
1.38ratio
FMR$3,040
Market$2,200
vs market+$840

FMR is above market; underwrite to market rent.

90% standard$2,736 / 1.24 ratio110% standard$3,344 / 1.52 ratio
1.38
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 33974 (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.

33974 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 33974 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,100 and the 4 bedroom fair market rent is $3,040.

Use this page for searches like 33974 FMR, 33974 fair market rent, and 33974 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 33974
Bedroom sizeHUD FMR
Studio$1,740
1 bedroom$1,750
2 bedroom$2,100
3 bedroom$2,740
4 bedroom$3,040