What is the Fair Market Rent in Palmer Ranch, FL?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 34238, which covers Palmer Ranch, is $2,480 a month.

Across the whole North Port-Bradenton-Sarasota, FL MSA the two-bedroom figure is $2,188.

The Census Bureau’s median gross rent for a two-bedroom home in Palmer Ranch is $2,004 (±$284), below the Small Area figure for ZIP 34238.

Figures last updated on November 12, 2026.

2 bedrooms, whole area: $2,188
2 bedrooms, ZIP 34238: $2,480

Fair Market Rents for Palmer Ranch, 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
	Studio	1 bedroom	2 bedrooms	3 bedrooms	4 bedrooms	Census median rent
North Port-Bradenton-Sarasota, FL MSA (whole area)	$1,749	$1,876	$2,188	$2,775	$3,309	—
ZIP 34238 (57% of the ZIP’s land is in this place)	$1,980	$2,130	$2,480	$3,140	$3,750	$1,850

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.

Palmer Ranch is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

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Questions about Palmer Ranch

What is the Section 8 payment standard in Palmer Ranch?

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 North Port-Bradenton-Sarasota, FL MSA is $2,188, and the Small Area figure for 34238 is $2,480.

What is the Fair Market Rent for a two-bedroom in ZIP 34238?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 34238 is $2,480 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,850 (±$100).

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

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 34238 is $2,130 a month, against $1,876 across the North Port-Bradenton-Sarasota, FL MSA.

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.