FMR is below market; voucher rent may lag private rents.
0.62
1 BR
1 BR
0.65ratio
FMR$980
Market$1,500
vs market-$520
FMR is below market; voucher rent may lag private rents.
0.65
2 BR
2 BR
0.64ratio
FMR$1,150
Market$1,790
vs market-$640
FMR is below market; voucher rent may lag private rents.
0.64
3 BR
3 BR
0.67ratio
FMR$1,420
Market$2,120
vs market-$700
FMR is below market; voucher rent may lag private rents.
0.67
4 BR
4 BR
0.78ratio
FMR$1,690
Market$2,180
vs market-$490
FMR is below market; voucher rent may lag private rents.
0.78
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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ZIP 33975 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 33975 (Labelle, FL) is $1,150 a month. That is down 9.4% from $1,270 in FY 2026. Labelle is in the Hendry County, FL non-metropolitan FMR area. 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 county-wide two-bedroom FMR of $1,144. Among 7 ZIP codes in Hendry County, 33975 is tied for the 5th-highest two-bedroom rent (county range $1,080–$1,790). The median county two-bedroom FMR in Florida is $1,474, so ZIP 33975 is 22% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 33975
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,070
$970
−9.3%
$873–$1,067
1BR
$1,080
$980
−9.3%
$882–$1,078
2BR
$1,270
$1,150
−9.4%
$1,035–$1,265
3BR
$1,570
$1,420
−9.6%
$1,278–$1,562
4BR
$1,870
$1,690
−9.6%
$1,521–$1,859
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 33975
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$970
$980
$1,150
$1,420
$1,690
FY 2026
$1,070
$1,080
$1,270
$1,570
$1,870
FY 2025
$840
$850
$970
$1,280
$1,580
FY 2024area FMR
$761
$766
$905
$1,253
$1,512
FY 2023area FMR
$715
$731
$826
$1,174
$1,403
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Two-bedroom rent in nearby Hendry County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 33975?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,144, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,030 to $1,258 a month; under the ZIP-level Small Area FMR of $1,150 it would be $1,035 to $1,265. 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 33975 in?
ZIP 33975 is in the Hendry County, FL non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,144.
How much did fair market rent change in ZIP 33975 for FY 2027?
The two-bedroom FMR fell 9.4%, from $1,270 in FY 2026 to $1,150 in FY 2027. Since FY 2025 it has risen 18.6%.
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