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Pinellas County/Crystal Beach/34681

34681

ZIPSAFMR
Pinellas County, FL
Zillow

ZIP Investment Score

56Below average

095130300
BRFMR
Eff. Rent
0 BR$1,710$1,710
1 BR$1,760$1,830
2 BR$2,050$2,090
3 BR$2,620$2,700
4 BR$3,180$3,210
5 BR$3,657Not available
6 BR$4,206Not available
7 BR$4,836Not available
8 BR$5,562Not available

Purchase Price Calculator

Maximum purchase price
$248,657

Cost breakdown

+Likely effective rent$2,090
HUD FMR$2,050
Market rent$2,110
Est. payment standard (102%)Used$2,090
-Principal and interest-$1,257
Loan amount$198,925
Down payment$49,731
Rate6.50%
Term30 years
-Operating costs-$633
Property taxes-$249
Insurance-$175
Utilities$0
HOA$0
Management-$209
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$33,446(67.3% ROI)
Projected value
$267,776
Return breakdown
Property appreciation+$19,119
Loan principal paid down+$7,127
Rental cash flow+$7,200
5-year hold
+$57,385(115.4% ROI)
Projected value
$281,332
Return breakdown
Property appreciation+$32,676
Loan principal paid down+$12,709
Rental cash flow+$12,000
10-year hold
+$123,929(249.2% ROI)
Projected value
$318,302
Return breakdown
Property appreciation+$69,645
Loan principal paid down+$30,284
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.00
1 BR
0.94
2 BR
0.97
3 BR
0.95
4 BR
0.99
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 34681 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 34681 (Crystal Beach, FL) is $2,050 a month. That is down 3.8% from $2,130 in FY 2026. Crystal Beach is in the Tampa-St. Petersburg-Clearwater, FL MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 70 ZIP codes in Pinellas County, 34681 is tied for the 24th-highest two-bedroom rent (county range $1,580–$2,880). The median county two-bedroom FMR in Florida is $1,474, so ZIP 34681 is 39% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 34681
BedroomsFY 2027Change90–110% range
Studio$1,710−0.6%$1,539–$1,881
1BR$1,760−3.8%$1,584–$1,936
2BR$2,050−3.8%$1,845–$2,255
3BR$2,620−3.7%$2,358–$2,882
4BR$3,180−3.9%$2,862–$3,498

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 34681
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,710$1,760$2,050$2,620$3,180
FY 2026$1,720$1,830$2,130$2,720$3,310
FY 2025$1,680$1,810$2,120$2,710$3,300
FY 2024$1,580$1,700$2,020$2,580$3,150
FY 2023$1,420$1,520$1,820$2,330$2,860

Two-bedroom rent in nearby Pinellas County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 34681
34660$1,930−5.9%
34677$1,820−11.2%
34681Current$2,050—
34682$1,930−5.9%
34683$2,0500.0%
34684$2,070+1.0%
34685$2,360+15.1%
34688$1,800−12.2%
34689$1,580−22.9%
34695$2,130+3.9%
34697$1,930−5.9%
34698$2,060+0.5%

Questions about ZIP 34681 rents

How much will Section 8 pay for a two-bedroom in ZIP 34681?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,050, that basic range is $1,845 to $2,255 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 34681 in?

ZIP 34681 is in the Tampa-St. Petersburg-Clearwater, 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 34681 for FY 2027?

The two-bedroom FMR fell 3.8%, from $2,130 in FY 2026 to $2,050 in FY 2027. Since FY 2023 it has risen 12.6%.

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

County fair market rentCrystal Beach, FL fair market rentFL statewide rentsWhat is SAFMR?Data sources