FY2027 Small Area FMR · Punta Gorda, FL
ZIP 33950 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 33950 (Punta Gorda, FL) is $1,540 a month, up 2.7% from FY2026. That is 2% below the Punta Gorda, FL area-wide FMR of $1,575.
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 33950 sits in the Punta Gorda, FL area
Of the 20 ZIP codes HUD lists for the area, 33950 has the 14th highest two-bedroom Small Area FMR. Punta Gorda, 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 $1,575 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,540 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,070 | $963 – $1,177 | $1,097 | $1,180 |
| 1 bedroom | $1,180 | $1,062 – $1,298 | $1,204 | $1,190 |
| 2 bedrooms | $1,540 | $1,386 – $1,694 | $1,575 | $1,500 |
| 3 bedrooms | $2,090 | $1,881 – $2,299 | $2,137 | $2,080 |
| 4 bedrooms | $2,500 | $2,250 – $2,750 | $2,556 | $2,370 |
A household renting a two-bedroom home at the Small Area FMR of $1,540 needs about $61,600 a year to keep housing costs at 30% of income. The area median family income is $97,500 and the 80% low-income limit for four people is $77,200. ZIP code 33950 lies mainly in Charlotte County. See the Punta Gorda, 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 33950?
HUD's FY2027 Small Area Fair Market Rents for 33950 are $1,070 (studio), $1,180 (1 BR), $1,540 (2 BR), $2,090 (3 BR) and $2,500 (4 BR) a month.
What is the Section 8 payment standard in 33950?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 33950 that range is $1,386 to $1,694 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 33950?
The FY2026 income limits of the Punta Gorda, FL area apply: median family income $97,500, low-income (80%) limit $77,200 for a family of four.