FY2027 Small Area FMR · Bonita Springs, FL

ZIP 34134 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 34134 (Bonita Springs, FL) is $1,980 a month, down 7.9% from FY2026. That is 8% above the Cape Coral-Fort Myers, FL area-wide FMR of $1,835.

2-bedroom SAFMR$1,980per month ▼ 7.9%

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

Rank in the area16thof 50 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,782

2 BR Small Area FMR$1,980

110% of SAFMR$2,178

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

Studio$1,640▼ 6.8%

1 BR$1,700▼ 6.1%

2 BR$1,980▼ 7.9%

3 BR$2,550▼ 9.3%

4 BR$2,810▼ 9.6%

FY2027 FY2026

Where 34134 sits in the Cape Coral-Fort Myers, FL area

Of the 50 ZIP codes HUD lists for the area, 34134 has the 16th 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 $1,980 for this ZIP code instead.

ZIP code 34134 crosses more than one HUD area. HUD also lists it under Naples-Marco Island, 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	$1,640	$1,476 – $1,804	$1,555	$1,760
1 bedroom	$1,700	$1,530 – $1,870	$1,564	$1,810
2 bedrooms	$1,980	$1,782 – $2,178	$1,835	$2,150
3 bedrooms	$2,550	$2,295 – $2,805	$2,373	$2,810
4 bedrooms	$2,810	$2,529 – $3,091	$2,615	$3,110

A household renting a two-bedroom home at the Small Area FMR of $1,980 needs about $79,200 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 34134 lies mainly in Lee County and Collier 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
34135	Bonita Springs	4.8 mi	$2,060
34110	Naples	4.8 mi	$2,220
33931	Fort Myers Beach	6.7 mi	$1,790
33967	Fort Myers	7.7 mi	$1,960
33965	Fort Myers	7.9 mi	$1,850
33928	Estero	8.0 mi	$2,300

Questions

What is the Fair Market Rent for ZIP code 34134?

HUD's FY2027 Small Area Fair Market Rents for 34134 are $1,640 (studio), $1,700 (1 BR), $1,980 (2 BR), $2,550 (3 BR) and $2,810 (4 BR) a month.

What is the Section 8 payment standard in 34134?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 34134 that range is $1,782 to $2,178 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 34134?

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.