Skip to main content
Loading page
Collier County/Naples/34117

34117

ZIPSAFMR
Collier County, FL
Zillow

ZIP Investment Score

69Below average

095130300
BRFMR
Eff. Rent
0 BR$1,390$1,530
1 BR$1,840$1,980
2 BR$2,000$2,200
3 BR$2,540$2,790
4 BR$2,770$3,050
5 BR$3,185Not available
6 BR$3,663Not available
7 BR$4,213Not available
8 BR$4,845Not available

Purchase Price Calculator

Maximum purchase price
$265,003

Cost breakdown

+Likely effective rent$2,200
HUD FMR$2,000
Market rent$2,450
Est. payment standard (110%)Used$2,200
-Principal and interest-$1,340
Loan amount$212,002
Down payment$53,001
Rate6.50%
Term30 years
-Operating costs-$660
Property taxes-$265
Insurance-$175
Utilities$0
HOA$0
Management-$220
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$35,172(66.4% ROI)
Projected value
$285,379
Return breakdown
Property appreciation+$20,376
Loan principal paid down+$7,596
Rental cash flow+$7,200
5-year hold
+$60,368(113.9% ROI)
Projected value
$299,826
Return breakdown
Property appreciation+$34,824
Loan principal paid down+$13,545
Rental cash flow+$12,000
10-year hold
+$130,498(246.2% ROI)
Projected value
$339,226
Return breakdown
Property appreciation+$74,223
Loan principal paid down+$32,275
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
0.66
1 BR
0.89
2 BR
0.82
3 BR
0.81
4 BR
0.71
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 34117 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 34117 (Naples, FL) is $2,000 a month. That is unchanged from FY 2026. Naples is in the Naples-Marco Island, 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 $2,036. Among 27 ZIP codes in Collier County, 34117 has the 21st-highest two-bedroom rent (county range $1,790–$2,490). The median county two-bedroom FMR in Florida is $1,474, so ZIP 34117 is 36% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 34117
BedroomsFY 2027Change90–110% range
Studio$1,390−1.4%$1,251–$1,529
1BR$1,840+1.7%$1,656–$2,024
2BR$2,0000.0%$1,800–$2,200
3BR$2,540−2.3%$2,286–$2,794
4BR$2,770−2.1%$2,493–$3,047

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 34117
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,390$1,840$2,000$2,540$2,770
FY 2026$1,410$1,810$2,000$2,600$2,830
FY 2025$1,380$1,620$1,890$2,490$2,710
FY 2024$1,460$1,640$1,960$2,610$2,750
FY 2023$1,510$1,730$2,110$2,810$2,900

Two-bedroom rent in nearby Collier County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 34117
34106$2,040+2.0%
34107$2,040+2.0%
34108$2,470+23.5%
34109$2,180+9.0%
34110$2,220+11.0%
34112$1,840−8.0%
34113$2,170+8.5%
34114$2,320+16.0%
34116$1,940−3.0%
34117Current$2,000—
34119$2,250+12.5%
34120$2,490+24.5%

Questions about ZIP 34117 rents

How much will Section 8 pay for a two-bedroom in ZIP 34117?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,036, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,832 to $2,240 a month; under the ZIP-level Small Area FMR of $2,000 it would be $1,800 to $2,200. 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 34117 in?

ZIP 34117 is in the Naples-Marco Island, FL MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,036.

How much did fair market rent change in ZIP 34117 for FY 2027?

The two-bedroom FMR was unchanged at $2,000 in FY 2027. Since FY 2023 it has fallen 5.2%.

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