Income Limits by County

FY2027 Small Area FMR · Okahumpka, FL

ZIP 34762 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 34762 (Okahumpka, FL) is $1,540 a month, down 1.9% from FY2026. That is 21% below the Orlando-Kissimmee-Sanford, FL area-wide FMR of $1,959.

2-bedroom SAFMR$1,540per month ▼ 1.9%
Area-wide 2 BR FMR$1,959Orlando-Kissimmee-Sanford, F
Rank in the area138thof 154 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,386
2 BR Small Area FMR$1,540
110% of SAFMR$1,694

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

FY2027 FY2026

Where 34762 sits in the Orlando-Kissimmee-Sanford, FL area

$1,370$2,690median $1,990

Of the 154 ZIP codes HUD lists for the area, 34762 has the 138th highest two-bedroom Small Area FMR. Orlando-Kissimmee-Sanford, FL is one of the 65 metro areas where HUD requires Small Area FMRs for the Housing Choice Voucher program (designated 2023), so local housing agencies must set payment standards from this ZIP code's figure, normally between $1,386 and $1,694 for two bedrooms.

ZIP code 34762 crosses more than one HUD area. HUD also lists it under Wildwood-The Villages, FL (same figures). The figure that applies depends on which side of the line the home is.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$1,300$1,170 – $1,430$1,658$1,310
1 bedroom$1,350$1,215 – $1,485$1,726$1,380
2 bedrooms$1,540$1,386 – $1,694$1,959$1,570
3 bedrooms$1,920$1,728 – $2,112$2,445$1,970
4 bedrooms$2,250$2,025 – $2,475$2,856$2,330

A household renting a two-bedroom home at the Small Area FMR of $1,540 needs about $61,600 a year to keep housing costs at 30% of income. The area median family income is $97,600 and the 80% low-income limit for four people is $91,900. ZIP code 34762 lies mainly in Lake County. See the Orlando-Kissimmee-Sanford, FL metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
34748Leesburg2.5 mi$1,390
34797Yalaha6.0 mi$2,040
33514Center Hill7.4 mi$1,200
34731Fruitland Park7.5 mi$1,440
34737Howey In The Hills8.7 mi$2,040
34785Wildwood9.1 mi$1,250

Questions

What is the Fair Market Rent for ZIP code 34762?

HUD's FY2027 Small Area Fair Market Rents for 34762 are $1,300 (studio), $1,350 (1 BR), $1,540 (2 BR), $1,920 (3 BR) and $2,250 (4 BR) a month.

What is the Section 8 payment standard in 34762?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 34762 that range is $1,386 to $1,694 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 34762?

The FY2026 income limits of the Orlando-Kissimmee-Sanford, FL area apply: median family income $97,600, low-income (80%) limit $91,900 for a family of four.