What is the Fair Market Rent in Miami Beach, FL?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $2,900 to $3,570 a month across the 3 ZIP codes that cover Miami Beach.

By ZIP code: 33140 $3,230, 33139 $3,570, 33141 $2,900.

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 Miami Beach is $2,337 (±$117), below the Small Area figure for ZIP 33140.

Figures last updated on .

2 bedrooms, whole area
$2,564
2 bedrooms, ZIP 33140
$3,230
2 bedrooms, ZIP 33139
$3,570
2 bedrooms, ZIP 33141
$2,900

Fair Market Rents for Miami Beach, 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
Miami-Miami Beach-Kendall, FL HUD Metro FMR Area (whole area)$1,953$2,121$2,564$3,277$3,749—
ZIP 33140$2,460$2,670$3,230$4,130$4,720$2,194
ZIP 33139 (93% of the ZIP’s land is in this place)$2,720$2,950$3,570$4,560$5,220$1,822
ZIP 33141 (84% of the ZIP’s land is in this place)$2,210$2,400$2,900$3,710$4,240$1,831

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 Miami Beach

What is the Section 8 payment standard in Miami Beach?

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 33140 is $3,230.

What is the Fair Market Rent for a two-bedroom in ZIP 33140?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 33140 is $3,230 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $2,194 (±$218).

What is the Fair Market Rent for a two-bedroom in ZIP 33139?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 33139 is $3,570 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,822 (±$60).

What is the Fair Market Rent for a two-bedroom in ZIP 33141?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 33141 is $2,900 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,831 (±$38).

What is the Fair Market Rent for a one-bedroom in Miami Beach?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 33140 is $2,670 a month, against $2,121 across the Miami-Miami Beach-Kendall, 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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