FY2027 Small Area FMR · Port Charlotte, FL

ZIP 33981 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 33981 (Port Charlotte, FL) is $1,610 a month, down 3.0% from FY2026. That is 2% above the Punta Gorda, FL area-wide FMR of $1,575.

2-bedroom SAFMR$1,610per month ▼ 3.0%

Area-wide 2 BR FMR$1,575Punta Gorda, FL

Rank in the area10thof 20 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,449

2 BR Small Area FMR$1,610

110% of SAFMR$1,771

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

Studio$1,180▼ 9.9%

1 BR$1,230▼ 6.8%

2 BR$1,610▼ 3.0%

3 BR$2,180▼ 5.2%

4 BR$2,610▼ 0.8%

FY2027 FY2026

Where 33981 sits in the Punta Gorda, FL area

Of the 20 ZIP codes HUD lists for the area, 33981 has the 10th 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 $1,610 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	$1,097	$1,310
1 bedroom	$1,230	$1,107 – $1,353	$1,204	$1,320
2 bedrooms	$1,610	$1,449 – $1,771	$1,575	$1,660
3 bedrooms	$2,180	$1,962 – $2,398	$2,137	$2,300
4 bedrooms	$2,610	$2,349 – $2,871	$2,556	$2,630

A household renting a two-bedroom home at the Small Area FMR of $1,610 needs about $64,400 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 33981 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

ZIP	Place	Distance	2 BR SAFMR
33947	Rotonda West	3.5 mi	$1,660
34224	Englewood	5.2 mi	$1,420
33953	Port Charlotte	5.6 mi	$2,050
33946	Placida	6.2 mi	$1,390
33948	Port Charlotte	6.3 mi	$1,660
33952	Port Charlotte	8.9 mi	$1,490

Questions

What is the Fair Market Rent for ZIP code 33981?

HUD's FY2027 Small Area Fair Market Rents for 33981 are $1,180 (studio), $1,230 (1 BR), $1,610 (2 BR), $2,180 (3 BR) and $2,610 (4 BR) a month.

What is the Section 8 payment standard in 33981?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 33981 that range is $1,449 to $1,771 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 33981?

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.