Income Limits by County

FY2027 Small Area FMR · Bradenton, FL

ZIP 34202 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 34202 (Bradenton, FL) is $2,800 a month, up 9.8% from FY2026. That is 28% above the North Port-Bradenton-Sarasota, FL area-wide FMR of $2,188.

2-bedroom SAFMR$2,800per month ▲ 9.8%
Area-wide 2 BR FMR$2,188North Port-Bradenton-Sarasot
Rank in the area4thof 63 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,520
2 BR Small Area FMR$2,800
110% of SAFMR$3,080

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

FY2027 FY2026

Where 34202 sits in the North Port-Bradenton-Sarasota, FL area

$1,350$3,280median $2,290

Of the 63 ZIP codes HUD lists for the area, 34202 has the 4th highest two-bedroom Small Area FMR. North Port-Bradenton-Sarasota, FL is one of the 65 metro areas where HUD requires Small Area FMRs for the Housing Choice Voucher program (designated 2016), so local housing agencies must set payment standards from this ZIP code's figure, normally between $2,520 and $3,080 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$2,240$2,016 – $2,464$1,749$1,850
1 bedroom$2,400$2,160 – $2,640$1,876$2,200
2 bedrooms$2,800$2,520 – $3,080$2,188$2,550
3 bedrooms$3,550$3,195 – $3,905$2,775$3,300
4 bedrooms$4,230$3,807 – $4,653$3,309$3,940

A household renting a two-bedroom home at the Small Area FMR of $2,800 needs about $112,000 a year to keep housing costs at 30% of income. The area median family income is $109,700 and the 80% low-income limit for four people is $91,300. ZIP code 34202 lies mainly in Manatee County. See the North Port-Bradenton-Sarasota, FL metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
34211Bradenton3.3 mi$2,720
34201Bradenton4.7 mi$2,390
34240Sarasota5.4 mi$3,130
34235Sarasota5.9 mi$2,280
34212Bradenton6.4 mi$2,540
34232Sarasota7.6 mi$2,410

Questions

What is the Fair Market Rent for ZIP code 34202?

HUD's FY2027 Small Area Fair Market Rents for 34202 are $2,240 (studio), $2,400 (1 BR), $2,800 (2 BR), $3,550 (3 BR) and $4,230 (4 BR) a month.

What is the Section 8 payment standard in 34202?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 34202 that range is $2,520 to $3,080 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 34202?

The FY2026 income limits of the North Port-Bradenton-Sarasota, FL area apply: median family income $109,700, low-income (80%) limit $91,300 for a family of four.