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

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 33480, which covers Palm Beach, is $2,570 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 Palm Beach is $2,278 (±$135), below the Small Area figure for ZIP 33480.

Figures last updated on .

2 bedrooms, whole area
$2,349
2 bedrooms, ZIP 33480
$2,570

Fair Market Rents for Palm 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
West Palm Beach-Boca Raton, FL HUD Metro FMR Area (whole area)$1,907$2,008$2,349$3,052$3,523—
ZIP 33480 (97% of the ZIP’s land is in this place)$2,090$2,200$2,570$3,340$3,850$2,293

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 Palm Beach

What is the Section 8 payment standard in Palm 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 West Palm Beach-Boca Raton, FL HUD Metro FMR Area is $2,349, and the Small Area figure for 33480 is $2,570.

What is the Fair Market Rent for a two-bedroom in ZIP 33480?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 33480 is $2,570 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $2,293 (±$225).

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

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 33480 is $2,200 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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