Skip to main content
Loading page
St. Lucie County/Port Saint Lucie/34983

34983

ZIPSAFMR
St. Lucie County, FL
Zillow

ZIP Investment Score

87Below average

095130300
BRFMR
Eff. Rent
0 BR$1,980$1,680
1 BR$1,990$1,800
2 BR$2,400$2,100
3 BR$3,250$2,400
4 BR$3,390$2,900
5 BR$3,898Not available
6 BR$4,483Not available
7 BR$5,156Not available
8 BR$5,929Not available

Purchase Price Calculator

Maximum purchase price
$250,143

Cost breakdown

+Likely effective rent$2,100
HUD FMR$2,400
Market rentUsed$2,100
Est. payment standard (92%)$2,210
-Principal and interest-$1,265
Loan amount$200,114
Down payment$50,029
Rate6.50%
Term30 years
-Operating costs-$635
Property taxes-$250
Insurance-$175
Utilities$0
HOA$0
Management-$210
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$33,603(67.2% ROI)
Projected value
$269,376
Return breakdown
Property appreciation+$19,234
Loan principal paid down+$7,170
Rental cash flow+$7,200
5-year hold
+$57,656(115.2% ROI)
Projected value
$283,013
Return breakdown
Property appreciation+$32,871
Loan principal paid down+$12,785
Rental cash flow+$12,000
10-year hold
+$124,526(248.9% ROI)
Projected value
$320,204
Return breakdown
Property appreciation+$70,061
Loan principal paid down+$30,465
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
1.18
1 BR
1.11
2 BR
1.14
3 BR
1.35
4 BR
1.17
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 34983 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 34983 (Port Saint Lucie, FL) is $2,400 a month. That is up 15.4% from $2,080 in FY 2026. Port Saint Lucie is in the Port St. Lucie, 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 $2,069. Among 23 ZIP codes in St. Lucie County, 34983 has the 5th-highest two-bedroom rent (county range $1,370–$2,890). The median county two-bedroom FMR in Florida is $1,474, so ZIP 34983 is 63% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 34983
BedroomsFY 2027Change90–110% range
Studio$1,980+15.1%$1,782–$2,178
1BR$1,990+14.4%$1,791–$2,189
2BR$2,400+15.4%$2,160–$2,640
3BR$3,250+13.2%$2,925–$3,575
4BR$3,390+11.1%$3,051–$3,729

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 34983
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,980$1,990$2,400$3,250$3,390
FY 2026$1,720$1,740$2,080$2,870$3,050
FY 2025$1,550$1,610$1,920$2,670$2,900
FY 2024$1,530$1,540$1,880$2,600$2,910
FY 2023$1,380$1,390$1,750$2,360$2,720

Two-bedroom rent in nearby St. Lucie County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 34983
34972$1,370−42.9%
34974$1,590−33.7%
34979$2,070−13.8%
34981$1,830−23.7%
34982$1,710−28.7%
34983Current$2,400—
34984$2,650+10.4%
34985$2,070−13.8%
34986$2,210−7.9%
34987$2,890+20.4%
34988$2,070−13.8%
34990$2,530+5.4%

Questions about ZIP 34983 rents

How much will Section 8 pay for a two-bedroom in ZIP 34983?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,069, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,862 to $2,276 a month; under the ZIP-level Small Area FMR of $2,400 it would be $2,160 to $2,640. 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 34983 in?

ZIP 34983 is in the Port St. Lucie, FL MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,069.

How much did fair market rent change in ZIP 34983 for FY 2027?

The two-bedroom FMR rose 15.4%, from $2,080 in FY 2026 to $2,400 in FY 2027. Since FY 2023 it has risen 37.1%.

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 rentPort Saint Lucie, FL fair market rentFL statewide rentsWhat is SAFMR?Data sources