What is the Fair Market Rent in Miami, FL?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $2,060 to $3,850 a month across the 8 ZIP codes that cover Miami.

By ZIP code: 33101 $2,560, 33127 $2,060, 33128 $2,120, 33129 $3,220, 33130 $2,780, 33131 $3,850, 33132 $3,850, 33136 $2,070.

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 is $1,885 (±$35), below the Small Area figure for ZIP 33101.

Figures last updated on .

2 bedrooms, whole area
$2,564
2 bedrooms, ZIP 33101
$2,560
2 bedrooms, ZIP 33127
$2,060
2 bedrooms, ZIP 33128
$2,120

Fair Market Rents for Miami, 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 33101$1,950$2,120$2,560$3,270$3,740—
ZIP 33127$1,570$1,700$2,060$2,630$3,010$1,455
ZIP 33128$1,610$1,750$2,120$2,710$3,100$1,452
ZIP 33129$2,450$2,660$3,220$4,120$4,710$2,250
ZIP 33130$2,120$2,300$2,780$3,550$4,060$1,792
ZIP 33131$2,930$3,190$3,850$4,920$5,630$3,124
ZIP 33132$2,930$3,190$3,850$4,920$5,630$2,650
ZIP 33136$1,580$1,710$2,070$2,650$3,030$1,513

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

What is the Section 8 payment standard in Miami?

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 33101 is $2,560.

What is the Fair Market Rent for a two-bedroom in ZIP 33101?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 33101 is $2,560 a month.

What is the Fair Market Rent for a two-bedroom in ZIP 33127?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 33127 is $2,060 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,455 (±$49).

What is the Fair Market Rent for a two-bedroom in ZIP 33128?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 33128 is $2,120 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,452 (±$102).

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

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 33101 is $2,120 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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