FMR is near market; voucher and private rents are aligned.
0.93
2 BR
2 BR
1.12ratio
FMR$2,290
Market$2,050
vs market+$240
FMR is above market; underwrite to market rent.
1.12
3 BR
3 BR
0.85ratio
FMR$2,900
Market$3,430
vs market-$530
FMR is below market; voucher rent may lag private rents.
0.85
4 BR
4 BR
1.00ratio
FMR$3,460
Market$3,460
vs market+$0
FMR is near market; voucher and private rents are aligned.
1.00
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 34295 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 34295 (Englewood, FL) is $2,290 a month. That is up 11.7% from $2,050 in FY 2026. Englewood is in the North Port-Bradenton-Sarasota, FL MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 37 ZIP codes in Sarasota County, 34295 is tied for the 18th-highest two-bedroom rent (county range $1,350–$3,280). The median county two-bedroom FMR in Florida is $1,474, so ZIP 34295 is 55% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 34295
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,480
$1,830
+23.6%
$1,647–$2,013
1BR
$1,760
$1,960
+11.4%
$1,764–$2,156
2BR
$2,050
$2,290
+11.7%
$2,061–$2,519
3BR
$2,660
$2,900
+9.0%
$2,610–$3,190
4BR
$3,170
$3,460
+9.1%
$3,114–$3,806
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 34295
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,830
$1,960
$2,290
$2,900
$3,460
FY 2026
$1,480
$1,760
$2,050
$2,660
$3,170
FY 2025
$1,340
$1,670
$1,950
$2,560
$3,070
FY 2024
$1,290
$1,580
$1,910
$2,540
$3,030
FY 2023
$1,120
$1,350
$1,680
$2,230
$2,650
Two-bedroom rent in nearby Sarasota County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 34295?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,290, that basic range is $2,061 to $2,519 a month. 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 34295 in?
ZIP 34295 is in the North Port-Bradenton-Sarasota, FL MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in ZIP 34295 for FY 2027?
The two-bedroom FMR rose 11.7%, from $2,050 in FY 2026 to $2,290 in FY 2027. Since FY 2023 it has risen 36.3%.
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