What is the Fair Market Rent in Homestead, FL?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 33033, which covers Homestead, is $2,270 a month.
Across the whole Miami-Miami Beach-Kendall, FL HUD Metro FMR Area the two-bedroom figure is $2,564.
The Census Bureau’s median gross rent for a two-bedroom home in Homestead is $1,529 (±$95), below the Small Area figure for ZIP 33033.
Figures last updated on .
- 2 bedrooms, whole area
- $2,564
- 2 bedrooms, ZIP 33033
- $2,270
Fair Market Rents for Homestead, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms | Census median rent | |
|---|---|---|---|---|---|---|
| Miami-Miami Beach-Kendall, FL HUD Metro FMR Area (whole area) | $1,953 | $2,121 | $2,564 | $3,277 | $3,749 | — |
| ZIP 33033 (27% of the ZIP’s land is in this place) | $1,730 | $1,880 | $2,270 | $2,900 | $3,320 | $1,766 |
A Fair Market Rent is HUD’s estimate of the gross rent (shelter plus utilities) of a modest rental home in the area.
Whether a housing authority uses the ZIP code (Small Area) figures or the area-wide one depends on whether HUD has designated the area for Small Area FMRs or the authority has opted in; ask the local housing authority which applies.
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Questions about Homestead
What is the Section 8 payment standard in Homestead?
Housing authorities set payment standards between 90% and 110% of HUD’s Fair Market Rent; for fiscal year 2027, the two-bedroom Fair Market Rent for the Miami-Miami Beach-Kendall, FL HUD Metro FMR Area is $2,564, and the Small Area figure for 33033 is $2,270.
What is the Fair Market Rent for a two-bedroom in ZIP 33033?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 33033 is $2,270 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,766 (±$67).
What is the Fair Market Rent for a one-bedroom in Homestead?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 33033 is $1,880 a month, against $2,121 across the Miami-Miami Beach-Kendall, FL HUD Metro FMR Area.
Sources
- HUD Fair Market Rents, fiscal year 2027: Miami-Miami Beach-Kendall, FL HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Miami-Miami Beach-Kendall, FL HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Homestead at a glance
- Median rent in Homestead
- Rent by bedrooms in Homestead
- Rent burden in Homestead
- Renters and owners in Homestead
- Income and affordability in Homestead
- Home values in Homestead
- Homeowner costs in Homestead
- Property taxes in Homestead
- Types of homes in Homestead
- Bedrooms in Homestead
- Age of homes in Homestead
- Vacancy rate in Homestead
- Heating fuel in Homestead
- Commute and cars in Homestead
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- Population growth in Homestead
- How long people stay in Homestead
- Crowding and facilities in Homestead
- Florida landlord and tenant rules
- Housing across Miami-Dade County
- Housing data for every place in Florida