FY2027 Small Area FMR · Fort Myers Beach, FL
ZIP 33931 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 33931 (Fort Myers Beach, FL) is $1,790 a month, down 8.7% from FY2026. That is 2% below the Cape Coral-Fort Myers, FL area-wide FMR of $1,835.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 33931 sits in the Cape Coral-Fort Myers, FL area
Of the 50 ZIP codes HUD lists for the area, 33931 has the 39th highest two-bedroom Small Area FMR. Cape Coral-Fort Myers, 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 $1,835 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,790 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,520 | $1,368 – $1,672 | $1,555 | $1,630 |
| 1 bedroom | $1,530 | $1,377 – $1,683 | $1,564 | $1,640 |
| 2 bedrooms | $1,790 | $1,611 – $1,969 | $1,835 | $1,960 |
| 3 bedrooms | $2,310 | $2,079 – $2,541 | $2,373 | $2,560 |
| 4 bedrooms | $2,560 | $2,304 – $2,816 | $2,615 | $2,830 |
A household renting a two-bedroom home at the Small Area FMR of $1,790 needs about $71,600 a year to keep housing costs at 30% of income. The area median family income is $105,700 and the 80% low-income limit for four people is $89,900. ZIP code 33931 lies mainly in Lee County. See the Cape Coral-Fort Myers, FL county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 33931?
HUD's FY2027 Small Area Fair Market Rents for 33931 are $1,520 (studio), $1,530 (1 BR), $1,790 (2 BR), $2,310 (3 BR) and $2,560 (4 BR) a month.
What is the Section 8 payment standard in 33931?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 33931 that range is $1,611 to $1,969 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 33931?
The FY2026 income limits of the Cape Coral-Fort Myers, FL area apply: median family income $105,700, low-income (80%) limit $89,900 for a family of four.