FY2027 Small Area FMR · Lake Wales, FL

ZIP 33859 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 33859 (Lake Wales, FL) is $1,510 a month, up 11.0% from FY2026. That is 6% below the Lakeland-Winter Haven, FL area-wide FMR of $1,608.

2-bedroom SAFMR$1,510per month ▲ 11.0%

Area-wide 2 BR FMR$1,608Lakeland-Winter Haven, FL

Rank in the area36thof 58 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,359

2 BR Small Area FMR$1,510

110% of SAFMR$1,661

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

Studio$1,180▲ 6.3%

1 BR$1,260▲ 12.5%

2 BR$1,510▲ 11.0%

3 BR$2,080▲ 13.0%

4 BR$2,520▲ 10.5%

FY2027 FY2026

Where 33859 sits in the Lakeland-Winter Haven, FL area

Of the 58 ZIP codes HUD lists for the area, 33859 has the 36th highest two-bedroom Small Area FMR. Lakeland-Winter Haven, FL is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,608 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,510 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,180	$1,062 – $1,298	$1,258	$1,110
1 bedroom	$1,260	$1,134 – $1,386	$1,338	$1,120
2 bedrooms	$1,510	$1,359 – $1,661	$1,608	$1,360
3 bedrooms	$2,080	$1,872 – $2,288	$2,212	$1,840
4 bedrooms	$2,520	$2,268 – $2,772	$2,688	$2,280

A household renting a two-bedroom home at the Small Area FMR of $1,510 needs about $60,400 a year to keep housing costs at 30% of income. The area median family income is $83,900 and the 80% low-income limit for four people is $69,850. ZIP code 33859 lies mainly in Polk County. See the Lakeland-Winter Haven, FL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
33853	Lake Wales	3.2 mi	$1,350
33877	Waverly	7.9 mi	$1,610
33884	Winter Haven	7.9 mi	$1,860
33827	Babson Park	8.2 mi	$1,670
33838	Dundee	10.2 mi	$1,820
33839	Eagle Lake	10.4 mi	$1,860

Questions

What is the Fair Market Rent for ZIP code 33859?

HUD's FY2027 Small Area Fair Market Rents for 33859 are $1,180 (studio), $1,260 (1 BR), $1,510 (2 BR), $2,080 (3 BR) and $2,520 (4 BR) a month.

What is the Section 8 payment standard in 33859?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 33859 that range is $1,359 to $1,661 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 33859?

The FY2026 income limits of the Lakeland-Winter Haven, FL area apply: median family income $83,900, low-income (80%) limit $69,850 for a family of four.