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Section 8 rent in West Palm Beach-Boca Raton, FL

FY2025 HUD Small Area Fair Market Rents for the West Palm Beach-Boca Raton, FL HUD Metro FMR Area, covering 73 ZIP codes.

$2,268Avg 2BR FMR / mo
$2,495Avg 2BR at 110% Standard
73ZIP Codes

Fair market rent by bedroom count

Base SAFMR across all ZIP codes in this market. Housing authorities may set payment standards between 90% and 110% of these rates.

BedroomsLowest ZIPAverageHighest ZIPAvg 110% Standard
Studio$790$1,700$2,460$1,870
1 Bedroom$890$1,897$2,740$2,087
2 Bedrooms$1,060$2,268$3,280$2,495
3 Bedrooms$1,380$2,965$4,280$3,262
4 Bedrooms$1,660$3,542$5,120$3,896

Small multifamily Section 8 income

Estimated gross monthly and annual rent for 2-to-4 unit properties, assuming every unit is rented to Section 8 at this market's average fair market rent. Small multifamily is a favorite for long-term buy-and-hold investors stacking stable voucher income across multiple doors.

Property TypeUnit MixGross Monthly RentGross Annual Rent
Duplex2 × 2BR$4,536$54,432
Triplex3 × 2BR$6,804$81,648
Fourplex4 × 2BR$9,072$108,864
Fourplex4 × 3BR$11,860$142,320

Gross scheduled rent before vacancy, maintenance and management. Run any Florida multifamily listing through RealG to model it against real operating costs, or try the rental property calculator.

Highest-paying ZIP codes

Top 15 of 73 ZIP codes in this market, ranked by 2-bedroom SAFMR.

ZIP Code1BR2BR3BR4BR
33449 $2,740 $3,280 $4,280 $5,120
33473 $2,740 $3,280 $4,280 $5,120
33498 $2,740 $3,280 $4,280 $5,120
33470 $2,660 $3,180 $4,150 $4,970
33496 $2,580 $3,080 $4,020 $4,810
33483 $2,490 $2,980 $3,890 $4,650
33472 $2,480 $2,960 $3,870 $4,680
33477 $2,380 $2,840 $3,710 $4,430
33418 $2,370 $2,830 $3,700 $4,420
33414 $2,330 $2,790 $3,640 $4,360
33431 $2,330 $2,780 $3,630 $4,340
33487 $2,330 $2,780 $3,630 $4,340
33433 $2,300 $2,750 $3,590 $4,290
33432 $2,290 $2,740 $3,580 $4,280
33486 $2,290 $2,740 $3,580 $4,280

Quick cash flow check

Free Tool

Estimate monthly cash flow renting to Section 8 at this market's average fair market rent.

Section 8 rent (avg FMR)—
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30-year fixed. Taxes and insurance estimated at 1.5% and 0.5% of price per year. Before vacancy, maintenance and management. For a full itemized analysis, run this market in RealG.

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Frequently asked questions

How much does Section 8 pay for a 2-bedroom in West Palm Beach-Boca Raton, FL?
For FY2025, the average 2-bedroom Small Area Fair Market Rent in the West Palm Beach-Boca Raton, FL HUD Metro FMR Area is $2,268 per month, ranging from $1,060 to $3,280 depending on ZIP code. Local housing authorities may set payment standards between 90% and 110% of these rates, so the average 2-bedroom payment standard can reach $2,495.
What is a Small Area Fair Market Rent (SAFMR)?
SAFMRs are fair market rents that HUD publishes at the ZIP code level instead of one rate for a whole metro area. They reflect what modest rental housing actually costs in each ZIP, which means higher payment standards in more expensive neighborhoods. Housing choice voucher payments in this market are based on these rates.
Why do rents vary so much between ZIP codes here?
In West Palm Beach-Boca Raton, FL, 2-bedroom SAFMRs run from $1,060 to $3,280 per month. HUD sets each ZIP's rate from local rent data, so neighborhoods with stronger rental markets get higher voucher payment standards. For investors, the spread matters: the same house price can produce very different Section 8 rents a few ZIP codes apart.
How do I find Section 8 investment properties in Florida?
RealG searches live listings across Florida, runs Section 8 numbers on every property using these HUD rates, and grades each deal A through D against your buying criteria. You can start free with no credit card and see graded deals in this market in minutes.

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