FY2027 Small Area FMR · Chokoloskee, FL

ZIP 34138 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 34138 (Chokoloskee, FL) is $2,220 a month, up 11.6% from FY2026. That is 9% above the Naples-Marco Island, FL area-wide FMR of $2,036.

2-bedroom SAFMR$2,220per month ▲ 11.6%

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

Rank in the area10thof 28 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,998

2 BR Small Area FMR$2,220

110% of SAFMR$2,442

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

Studio$1,550▲ 10.7%

1 BR$2,040▲ 13.3%

2 BR$2,220▲ 11.6%

3 BR$2,820▲ 8.9%

4 BR$3,070▲ 9.3%

FY2027 FY2026

Where 34138 sits in the Naples-Marco Island, FL area

Of the 28 ZIP codes HUD lists for the area, 34138 has the 10th 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 $2,220 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	$1,550	$1,395 – $1,705	$1,418	$1,400
1 bedroom	$2,040	$1,836 – $2,244	$1,870	$1,800
2 bedrooms	$2,220	$1,998 – $2,442	$2,036	$1,990
3 bedrooms	$2,820	$2,538 – $3,102	$2,584	$2,590
4 bedrooms	$3,070	$2,763 – $3,377	$2,815	$2,810

A household renting a two-bedroom home at the Small Area FMR of $2,220 needs about $88,800 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 34138 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	2.5 mi	$2,120
34137	Copeland	9.0 mi	$1,940
34114	Naples	13.7 mi	$2,320
34140	Goodland	20.1 mi	$2,300
34145	Marco Island	20.4 mi	$2,300
34141	Ochopee	22.7 mi	$2,050

Questions

What is the Fair Market Rent for ZIP code 34138?

HUD's FY2027 Small Area Fair Market Rents for 34138 are $1,550 (studio), $2,040 (1 BR), $2,220 (2 BR), $2,820 (3 BR) and $3,070 (4 BR) a month.

What is the Section 8 payment standard in 34138?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 34138 that range is $1,998 to $2,442 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 34138?

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.