FY2027 Small Area FMR · Palm Harbor, FL
ZIP 34685 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 34685 (Palm Harbor, FL) is $2,360 a month, down 1.3% from FY2026. That is 23% above the Tampa-St. Petersburg-Clearwater, FL area-wide FMR of $1,917.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 34685 sits in the Tampa-St. Petersburg-Clearwater, FL area
Of the 208 ZIP codes HUD lists for the area, 34685 has the 25th highest two-bedroom Small Area FMR. Tampa-St. Petersburg-Clearwater, 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 $2,124 and $2,596 for two bedrooms.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,970 | $1,773 – $2,167 | $1,597 | $1,930 |
| 1 bedroom | $2,030 | $1,827 – $2,233 | $1,648 | $2,050 |
| 2 bedrooms | $2,360 | $2,124 – $2,596 | $1,917 | $2,390 |
| 3 bedrooms | $3,010 | $2,709 – $3,311 | $2,448 | $3,060 |
| 4 bedrooms | $3,660 | $3,294 – $4,026 | $2,977 | $3,720 |
A household renting a two-bedroom home at the Small Area FMR of $2,360 needs about $94,400 a year to keep housing costs at 30% of income. The area median family income is $104,700 and the 80% low-income limit for four people is $91,750. ZIP code 34685 lies mainly in Pinellas County. See the Tampa-St. Petersburg-Clearwater, FL metro page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 34685?
HUD's FY2027 Small Area Fair Market Rents for 34685 are $1,970 (studio), $2,030 (1 BR), $2,360 (2 BR), $3,010 (3 BR) and $3,660 (4 BR) a month.
What is the Section 8 payment standard in 34685?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 34685 that range is $2,124 to $2,596 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 34685?
The FY2026 income limits of the Tampa-St. Petersburg-Clearwater, FL area apply: median family income $104,700, low-income (80%) limit $91,750 for a family of four.