FMR is below market; voucher rent may lag private rents.
0.85
1 BR
1 BR
0.88ratio
FMR$2,110
Market$2,400
vs market-$290
FMR is below market; voucher rent may lag private rents.
0.88
2 BR
2 BR
0.70ratio
FMR$2,300
Market$3,280
vs market-$980
FMR is below market; voucher rent may lag private rents.
0.70
3 BR
3 BR
0.54ratio
FMR$2,920
Market$5,360
vs market-$2,440
FMR is below market; voucher rent may lag private rents.
0.54
4 BR
4 BR
0.37ratio
FMR$3,180
Market$8,580
vs market-$5,400
FMR is below market; voucher rent may lag private rents.
0.37
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
--
ZIP 34140 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 34140 (Goodland, FL) is $2,300 a month. That is down 1.3% from $2,330 in FY 2026. Goodland 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, 34140 is tied for the 5th-highest two-bedroom rent (county range $1,790–$2,490). The median county two-bedroom FMR in Florida is $1,474, so ZIP 34140 is 56% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 34140
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,630
$1,600
−1.8%
$1,440–$1,760
1BR
$2,110
$2,110
0.0%
$1,899–$2,321
2BR
$2,330
$2,300
−1.3%
$2,070–$2,530
3BR
$3,020
$2,920
−3.3%
$2,628–$3,212
4BR
$3,290
$3,180
−3.3%
$2,862–$3,498
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 34140
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,600
$2,110
$2,300
$2,920
$3,180
FY 2026
$1,630
$2,110
$2,330
$3,020
$3,290
FY 2025
$1,570
$1,840
$2,140
$2,830
$3,070
FY 2024
$1,550
$1,750
$2,090
$2,780
$2,930
FY 2023
$1,540
$1,760
$2,140
$2,860
$2,950
Two-bedroom rent in nearby Collier County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 34140?
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 $2,300 it would be $2,070 to $2,530. 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 34140 in?
ZIP 34140 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 34140 for FY 2027?
The two-bedroom FMR fell 1.3%, from $2,330 in FY 2026 to $2,300 in FY 2027. Since FY 2023 it has risen 7.5%.
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