What is the Fair Market Rent in Lake Park, FL?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 33403, which covers Lake Park, is $1,900 a month.

Across the whole West Palm Beach-Boca Raton, FL HUD Metro FMR Area the two-bedroom figure is $2,349.

The Census Bureau’s median gross rent for a two-bedroom home in Lake Park is $1,439 (±$199), below the Small Area figure for ZIP 33403.

Figures last updated on .

2 bedrooms, whole area
$2,349
2 bedrooms, ZIP 33403
$1,900

Fair Market Rents for Lake Park, fiscal year 2027

HUD Fair Market Rent, dollars a month (gross rent, including utilities), beside the Census Bureau’s median gross rent for each ZIP code
Studio1 bedroom2 bedrooms3 bedrooms4 bedroomsCensus median rent
West Palm Beach-Boca Raton, FL HUD Metro FMR Area (whole area)$1,907$2,008$2,349$3,052$3,523—
ZIP 33403 (62% of the ZIP’s land is in this place)$1,540$1,620$1,900$2,470$2,850$1,601

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 Lake Park

What is the Section 8 payment standard in Lake Park?

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 West Palm Beach-Boca Raton, FL HUD Metro FMR Area is $2,349, and the Small Area figure for 33403 is $1,900.

What is the Fair Market Rent for a two-bedroom in ZIP 33403?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 33403 is $1,900 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,601 (±$155).

What is the Fair Market Rent for a one-bedroom in Lake Park?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 33403 is $1,620 a month, against $2,008 across the West Palm Beach-Boca Raton, FL HUD Metro FMR Area.

Sources

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 .

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