FY2027 Small Area FMR · Lutz, FL

ZIP 33559 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 33559 (Lutz, FL) is $1,830 a month, down 7.6% from FY2026. That is 5% below the Tampa-St. Petersburg-Clearwater, FL area-wide FMR of $1,917.

2-bedroom SAFMR$1,830per month ▼ 7.6%

Area-wide 2 BR FMR$1,917Tampa-St. Petersburg-Clearwa

Rank in the area129thof 208 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,647

2 BR Small Area FMR$1,830

110% of SAFMR$2,013

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$1,520▼ 5.0%

1 BR$1,570▼ 7.6%

2 BR$1,830▼ 7.6%

3 BR$2,340▼ 7.5%

4 BR$2,840▼ 7.8%

FY2027 FY2026

Where 33559 sits in the Tampa-St. Petersburg-Clearwater, FL area

Of the 208 ZIP codes HUD lists for the area, 33559 has the 129th highest two-bedroom Small Area FMR. Tampa-St. Petersburg-Clearwater, FL is one of the 65 metro areas where HUD requires Small Area FMRs for the Housing Choice Voucher program (designated 2016), so local housing agencies must set payment standards from this ZIP code's figure, normally between $1,647 and $2,013 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,520	$1,368 – $1,672	$1,597	$1,600
1 bedroom	$1,570	$1,413 – $1,727	$1,648	$1,700
2 bedrooms	$1,830	$1,647 – $2,013	$1,917	$1,980
3 bedrooms	$2,340	$2,106 – $2,574	$2,448	$2,530
4 bedrooms	$2,840	$2,556 – $3,124	$2,977	$3,080

A household renting a two-bedroom home at the Small Area FMR of $1,830 needs about $73,200 a year to keep housing costs at 30% of income. The area median family income is $104,700 and the 80% low-income limit for four people is $91,750. ZIP code 33559 lies mainly in Hillsborough County and Pasco County. See the Tampa-St. Petersburg-Clearwater, FL metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
33549	Lutz	2.6 mi	$2,020
33548	Lutz	4.2 mi	$2,410
33647	Tampa	4.4 mi	$2,320
33613	Tampa	5.8 mi	$1,680
33558	Lutz	5.9 mi	$1,860
33620	Tampa	6.9 mi	$1,780

Questions

What is the Fair Market Rent for ZIP code 33559?

HUD's FY2027 Small Area Fair Market Rents for 33559 are $1,520 (studio), $1,570 (1 BR), $1,830 (2 BR), $2,340 (3 BR) and $2,840 (4 BR) a month.

What is the Section 8 payment standard in 33559?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 33559 that range is $1,647 to $2,013 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 33559?

The FY2026 income limits of the Tampa-St. Petersburg-Clearwater, FL area apply: median family income $104,700, low-income (80%) limit $91,750 for a family of four.