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Martin County/Stuart/34996

34996

ZIPSAFMR
Martin County, FL
Zillow

ZIP Investment Score

43Below average

095130300
BRFMR
Eff. Rent
0 BR$1,490$1,590
1 BR$1,490$1,640
2 BR$1,800$1,980
3 BR$2,440$2,680
4 BR$2,540$2,790
5 BR$2,921Not available
6 BR$3,359Not available
7 BR$3,863Not available
8 BR$4,442Not available

Purchase Price Calculator

Maximum purchase price
$232,311

Cost breakdown

+Likely effective rent$1,980
HUD FMR$1,800
Market rent$2,290
Est. payment standard (110%)Used$1,980
-Principal and interest-$1,175
Loan amount$185,849
Down payment$46,462
Rate6.50%
Term30 years
-Operating costs-$605
Property taxes-$232
Insurance-$175
Utilities$0
HOA$0
Management-$198
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$31,721(68.3% ROI)
Projected value
$250,173
Return breakdown
Property appreciation+$17,863
Loan principal paid down+$6,659
Rental cash flow+$7,200
5-year hold
+$54,401(117.1% ROI)
Projected value
$262,838
Return breakdown
Property appreciation+$30,528
Loan principal paid down+$11,874
Rental cash flow+$12,000
10-year hold
+$117,360(252.6% ROI)
Projected value
$297,377
Return breakdown
Property appreciation+$65,067
Loan principal paid down+$28,293
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.90
1 BR
0.71
2 BR
0.79
3 BR
0.73
4 BR
0.64
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 34996 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 34996 (Stuart, FL) is $1,800 a month. That is up 11.1% from $1,620 in FY 2026. Stuart 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 17 ZIP codes in Martin County, 34996 has the 13th-highest two-bedroom rent (county range $1,590–$2,660). The median county two-bedroom FMR in Florida is $1,474, so ZIP 34996 is 22% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 34996
BedroomsFY 2027Change90–110% range
Studio$1,490+11.2%$1,341–$1,639
1BR$1,490+10.4%$1,341–$1,639
2BR$1,800+11.1%$1,620–$1,980
3BR$2,440+9.4%$2,196–$2,684
4BR$2,540+6.7%$2,286–$2,794

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 34996
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,490$1,490$1,800$2,440$2,540
FY 2026$1,340$1,350$1,620$2,230$2,380
FY 2025$1,240$1,290$1,540$2,140$2,330
FY 2024$1,200$1,210$1,480$2,050$2,290
FY 2023$1,100$1,110$1,390$1,880$2,160

Two-bedroom rent in nearby Martin County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 34996
33478$2,610+45.0%
34956$1,590−11.7%
34957$2,150+19.4%
34958$2,080+15.6%
34974$1,590−11.7%
34990$2,530+40.6%
34991$2,080+15.6%
34992$2,080+15.6%
34994$2,170+20.6%
34995$2,080+15.6%
34996Current$1,800—
34997$2,070+15.0%

Questions about ZIP 34996 rents

How much will Section 8 pay for a two-bedroom in ZIP 34996?

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 $1,800 it would be $1,620 to $1,980. 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 34996 in?

ZIP 34996 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 34996 for FY 2027?

The two-bedroom FMR rose 11.1%, from $1,620 in FY 2026 to $1,800 in FY 2027. Since FY 2023 it has risen 29.5%.

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