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Pinellas County/Palm Harbor/34684

34684

ZIPSAFMR
Pinellas County, FL
Zillow

ZIP Investment Score

84Below average

095130300
BRFMR
Eff. Rent
0 BR$1,720$1,560
1 BR$1,780$1,780
2 BR$2,070$2,200
3 BR$2,640$2,440
4 BR$3,210$3,230
5 BR$3,691Not available
6 BR$4,245Not available
7 BR$4,882Not available
8 BR$5,614Not available

Purchase Price Calculator

Maximum purchase price
$265,003

Cost breakdown

+Likely effective rent$2,200
HUD FMR$2,070
Market rent$2,270
Est. payment standard (106%)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

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Rolodex

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Market Alignment

Studio
1.10
1 BR
1.00
2 BR
0.91
3 BR
1.08
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 34684 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 34684 (Palm Harbor, FL) is $2,070 a month. That is down 4.2% from $2,160 in FY 2026. Palm Harbor 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, 34684 has the 20th-highest two-bedroom rent (county range $1,580–$2,880). The median county two-bedroom FMR in Florida is $1,474, so ZIP 34684 is 40% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 34684
BedroomsFY 2027Change90–110% range
Studio$1,720−1.1%$1,548–$1,892
1BR$1,780−3.8%$1,602–$1,958
2BR$2,070−4.2%$1,863–$2,277
3BR$2,640−4.3%$2,376–$2,904
4BR$3,210−4.5%$2,889–$3,531

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 34684
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,720$1,780$2,070$2,640$3,210
FY 2026$1,740$1,850$2,160$2,760$3,360
FY 2025$1,740$1,880$2,200$2,820$3,430
FY 2024$1,620$1,750$2,070$2,650$3,230
FY 2023$1,450$1,560$1,870$2,390$2,930

Two-bedroom rent in nearby Pinellas County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 34684
34660$1,930−6.8%
34677$1,820−12.1%
34681$2,050−1.0%
34682$1,930−6.8%
34683$2,050−1.0%
34684Current$2,070—
34685$2,360+14.0%
34688$1,800−13.0%
34689$1,580−23.7%
34695$2,130+2.9%
34697$1,930−6.8%
34698$2,060−0.5%

Questions about ZIP 34684 rents

How much will Section 8 pay for a two-bedroom in ZIP 34684?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,070, that basic range is $1,863 to $2,277 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 34684 in?

ZIP 34684 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 34684 for FY 2027?

The two-bedroom FMR fell 4.2%, from $2,160 in FY 2026 to $2,070 in FY 2027. Since FY 2023 it has risen 10.7%.

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