FY2027 Small Area FMR · Punta Gorda, FL

ZIP 33955 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 33955 (Punta Gorda, FL) is $1,820 a month, up 3.4% from FY2026. That is 1% below the Cape Coral-Fort Myers, FL area-wide FMR of $1,835.

2-bedroom SAFMR$1,820per month ▲ 3.4%

Area-wide 2 BR FMR$1,835Cape Coral-Fort Myers, FL

Rank in the area38thof 50 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,638

2 BR Small Area FMR$1,820

110% of SAFMR$2,002

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

Studio$1,470▲ 4.3%

1 BR$1,480▲ 4.2%

2 BR$1,820▲ 3.4%

3 BR$2,450▲ 1.2%

4 BR$2,890▲ 5.5%

FY2027 FY2026

Where 33955 sits in the Cape Coral-Fort Myers, FL area

Of the 50 ZIP codes HUD lists for the area, 33955 has the 38th 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 $1,820 for this ZIP code instead.

ZIP code 33955 crosses more than one HUD area. HUD also lists it under Punta Gorda, FL (same figures). The figure that applies depends on which side of the line the home is.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,470	$1,323 – $1,617	$1,555	$1,410
1 bedroom	$1,480	$1,332 – $1,628	$1,564	$1,420
2 bedrooms	$1,820	$1,638 – $2,002	$1,835	$1,760
3 bedrooms	$2,450	$2,205 – $2,695	$2,373	$2,420
4 bedrooms	$2,890	$2,601 – $3,179	$2,615	$2,740

A household renting a two-bedroom home at the Small Area FMR of $1,820 needs about $72,800 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 33955 lies mainly in Charlotte County and Lee County. See the Cape Coral-Fort Myers, FL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
33950	Punta Gorda	6.8 mi	$1,540
33993	Cape Coral	8.9 mi	$2,340
33909	Cape Coral	9.0 mi	$2,040
33917	North Fort Myers	10.6 mi	$1,770
33903	North Fort Myers	10.8 mi	$1,770
33980	Punta Gorda	11.6 mi	$1,430

Questions

What is the Fair Market Rent for ZIP code 33955?

HUD's FY2027 Small Area Fair Market Rents for 33955 are $1,470 (studio), $1,480 (1 BR), $1,820 (2 BR), $2,450 (3 BR) and $2,890 (4 BR) a month.

What is the Section 8 payment standard in 33955?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 33955 that range is $1,638 to $2,002 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 33955?

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.