FY2027 Small Area FMR · Copeland, FL

ZIP 34137 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 34137 (Copeland, FL) is $1,940 a month, up 1.6% from FY2026. That is 5% below the Naples-Marco Island, FL area-wide FMR of $2,036.

2-bedroom SAFMR$1,940per month ▲ 1.6%

Area-wide 2 BR FMR$2,036Naples-Marco Island, FL

Rank in the area24thof 28 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,746

2 BR Small Area FMR$1,940

110% of SAFMR$2,134

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

Studio$1,350▲ 0.7%

1 BR$1,780▲ 2.9%

2 BR$1,940▲ 1.6%

3 BR$2,460▼ 0.8%

4 BR$2,690▼ 0.4%

FY2027 FY2026

Where 34137 sits in the Naples-Marco Island, FL area

Of the 28 ZIP codes HUD lists for the area, 34137 has the 24th highest two-bedroom Small Area FMR. Naples-Marco Island, 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 $2,036 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,940 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	$1,350	$1,215 – $1,485	$1,418	$1,340
1 bedroom	$1,780	$1,602 – $1,958	$1,870	$1,730
2 bedrooms	$1,940	$1,746 – $2,134	$2,036	$1,910
3 bedrooms	$2,460	$2,214 – $2,706	$2,584	$2,480
4 bedrooms	$2,690	$2,421 – $2,959	$2,815	$2,700

A household renting a two-bedroom home at the Small Area FMR of $1,940 needs about $77,600 a year to keep housing costs at 30% of income. The area median family income is $121,000 and the 80% low-income limit for four people is $96,800. ZIP code 34137 lies mainly in Collier County. See the Naples-Marco Island, FL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
34139	Everglades City	8.5 mi	$2,120
34138	Chokoloskee	9.0 mi	$2,220
34114	Naples	9.7 mi	$2,320
34140	Goodland	17.4 mi	$2,300
34145	Marco Island	18.4 mi	$2,300
34141	Ochopee	19.5 mi	$2,050

Questions

What is the Fair Market Rent for ZIP code 34137?

HUD's FY2027 Small Area Fair Market Rents for 34137 are $1,350 (studio), $1,780 (1 BR), $1,940 (2 BR), $2,460 (3 BR) and $2,690 (4 BR) a month.

What is the Section 8 payment standard in 34137?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 34137 that range is $1,746 to $2,134 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 34137?

The FY2026 income limits of the Naples-Marco Island, FL area apply: median family income $121,000, low-income (80%) limit $96,800 for a family of four.