Not enough rental comps in this area to determine how FMR aligns with current market rates.
Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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ZIP 34770 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 34770 (Saint Cloud, FL) is $1,950 a month. That is down 0.5% from $1,960 in FY 2026. Saint Cloud is in the Orlando-Kissimmee-Sanford, FL MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 24 ZIP codes in Osceola County, 34770 is tied for the 17th-highest two-bedroom rent (county range $1,370–$2,490). The median county two-bedroom FMR in Florida is $1,474, so ZIP 34770 is 32% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 34770
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,640
$1,650
+0.6%
$1,485–$1,815
1BR
$1,720
$1,720
0.0%
$1,548–$1,892
2BR
$1,960
$1,950
−0.5%
$1,755–$2,145
3BR
$2,460
$2,430
−1.2%
$2,187–$2,673
4BR
$2,910
$2,840
−2.4%
$2,556–$3,124
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 34770
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,650
$1,720
$1,950
$2,430
$2,840
FY 2026
$1,640
$1,720
$1,960
$2,460
$2,910
FY 2025
$1,630
$1,720
$1,950
$2,480
$2,950
FY 2024
$1,550
$1,630
$1,850
$2,350
$2,840
FY 2023
$1,350
$1,430
$1,630
$2,080
$2,530
Two-bedroom rent in nearby Osceola County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 34770?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,950, that basic range is $1,755 to $2,145 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 34770 in?
ZIP 34770 is in the Orlando-Kissimmee-Sanford, 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 34770 for FY 2027?
The two-bedroom FMR fell 0.5%, from $1,960 in FY 2026 to $1,950 in FY 2027. Since FY 2023 it has risen 19.6%.
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