What is the Fair Market Rent in West Palm Beach, FL?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,930 to $2,640 a month across the 6 ZIP codes that cover West Palm Beach.
By ZIP code: 33401 $2,300, 33405 $1,930, 33407 $2,210, 33409 $2,300, 33412 $2,640, 33417 $2,400.
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 West Palm Beach is $1,826 (±$60), below the Small Area figure for ZIP 33401.
Figures last updated on .
- 2 bedrooms, whole area
- $2,349
- 2 bedrooms, ZIP 33401
- $2,300
- 2 bedrooms, ZIP 33405
- $1,930
- 2 bedrooms, ZIP 33407
- $2,210
Fair Market Rents for West Palm Beach, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms | Census 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 33401 | $1,870 | $1,970 | $2,300 | $2,990 | $3,450 | $1,776 |
| ZIP 33405 | $1,570 | $1,650 | $1,930 | $2,510 | $2,890 | $1,566 |
| ZIP 33407 (69% of the ZIP’s land is in this place) | $1,790 | $1,890 | $2,210 | $2,870 | $3,310 | $1,608 |
| ZIP 33409 (62% of the ZIP’s land is in this place) | $1,870 | $1,970 | $2,300 | $2,990 | $3,450 | $1,731 |
| ZIP 33412 (44% of the ZIP’s land is in this place) | $2,140 | $2,260 | $2,640 | $3,430 | $3,960 | $2,321 |
| ZIP 33417 (27% of the ZIP’s land is in this place) | $1,950 | $2,050 | $2,400 | $3,120 | $3,600 | $1,647 |
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 West Palm Beach
What is the Section 8 payment standard in West 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 33401 is $2,300.
What is the Fair Market Rent for a two-bedroom in ZIP 33401?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 33401 is $2,300 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,776 (±$82).
What is the Fair Market Rent for a two-bedroom in ZIP 33405?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 33405 is $1,930 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,566 (±$225).
What is the Fair Market Rent for a two-bedroom in ZIP 33407?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 33407 is $2,210 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,608 (±$69).
What is the Fair Market Rent for a one-bedroom in West Palm Beach?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 33401 is $1,970 a month, against $2,008 across the West Palm Beach-Boca Raton, FL HUD Metro FMR Area.
Sources
- HUD Fair Market Rents, fiscal year 2027: West Palm Beach-Boca Raton, FL HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: West Palm Beach-Boca Raton, FL HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
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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