FY2027 Small Area FMR · Tarpon Springs, FL

ZIP 34689 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 34689 (Tarpon Springs, FL) is $1,580 a month, down 4.8% from FY2026. That is 18% below the Tampa-St. Petersburg-Clearwater, FL area-wide FMR of $1,917.

2-bedroom SAFMR$1,580per month ▼ 4.8%

Area-wide 2 BR FMR$1,917Tampa-St. Petersburg-Clearwa

Rank in the area175thof 208 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,422

2 BR Small Area FMR$1,580

110% of SAFMR$1,738

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

Studio$1,320▼ 1.5%

1 BR$1,360▼ 4.2%

2 BR$1,580▼ 4.8%

3 BR$2,020▼ 4.7%

4 BR$2,450▼ 5.0%

FY2027 FY2026

Where 34689 sits in the Tampa-St. Petersburg-Clearwater, FL area

Of the 208 ZIP codes HUD lists for the area, 34689 has the 175th 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 $1,422 and $1,738 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,320	$1,188 – $1,452	$1,597	$1,340
1 bedroom	$1,360	$1,224 – $1,496	$1,648	$1,420
2 bedrooms	$1,580	$1,422 – $1,738	$1,917	$1,660
3 bedrooms	$2,020	$1,818 – $2,222	$2,448	$2,120
4 bedrooms	$2,450	$2,205 – $2,695	$2,977	$2,580

A household renting a two-bedroom home at the Small Area FMR of $1,580 needs about $63,200 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 34689 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

ZIP	Place	Distance	2 BR SAFMR
34691	Holiday	3.3 mi	$1,640
34690	Holiday	3.8 mi	$1,560
34683	Palm Harbor	4.2 mi	$2,050
34681	Crystal Beach	4.6 mi	$2,050
34688	Tarpon Springs	4.9 mi	$1,800
34684	Palm Harbor	5.1 mi	$2,070

Questions

What is the Fair Market Rent for ZIP code 34689?

HUD's FY2027 Small Area Fair Market Rents for 34689 are $1,320 (studio), $1,360 (1 BR), $1,580 (2 BR), $2,020 (3 BR) and $2,450 (4 BR) a month.

What is the Section 8 payment standard in 34689?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 34689 that range is $1,422 to $1,738 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 34689?

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.