Hillsborough County fair market rent FY 2027Florida, HUD studio to 4 bedrooms
HUD's FY 2027 Fair Market Rent for a two-bedroom home in Hillsborough County, Florida is $1,917 a month, effective October 1, 2026: $1,597 for a studio, $1,648 for one bedroom, $2,448 for three and $2,977 for four. It is set for the Tampa-St. Petersburg-Clearwater, FL MSA. The FY 2026 two-bedroom FMR was $1,977 (-3.0%).
Hillsborough County Fair Market Rents by bedrooms
| Bedrooms | FY 2027 | FY 2026 | Change | Payment standard basic range |
|---|---|---|---|---|
| Studio | $1,597 | $1,593 | +0.3% | $1,437 to $1,756 |
| 1 bedroom | $1,648 | $1,696 | -2.8% | $1,483 to $1,812 |
| 2 bedrooms | $1,917 | $1,977 | -3.0% | $1,725 to $2,108 |
| 3 bedrooms | $2,448 | $2,527 | -3.1% | $2,203 to $2,692 |
| 4 bedrooms | $2,977 | $3,077 | -3.2% | $2,679 to $3,274 |
Monthly gross rent (rent plus tenant-paid utilities except telephone). FY 2027 runs October 1, 2026 to September 30, 2027. The payment standard basic range is 90 to 110 percent of the FMR (24 CFR 982.503(c)); the local housing agency sets the actual payment standard.
How Hillsborough County compares
Hillsborough County's two-bedroom FMR of $1,917 is the 14th highest of 67 counties in Florida, where the county median is $1,474 and the range $953 to $2,564. Across all 3,144 US counties the median two-bedroom FMR is $1,071; Hillsborough County ranks 155th.
HUD sets one FMR for each metropolitan area, so Hernando County, Pasco County and Pinellas County have the same figures as Hillsborough County (Tampa-St. Petersburg-Clearwater, FL MSA).
Small Area FMRs and ZIP codes
HUD also publishes Small Area FMRs by ZIP code for metropolitan areas. For the Tampa-St. Petersburg-Clearwater, FL MSA it lists 208 ZIP codes, with two-bedroom Small Area FMRs from $1,020 to $2,880. This is one of HUD's 65 designated Small Area FMR areas, where housing agencies must set voucher payment standards from the ZIP code figures.
Look up any ZIP code: fair market rent by ZIP code.
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Questions about Hillsborough County fair market rent
What is the fair market rent in Hillsborough County for FY 2027?
$1,597 for a studio, $1,648 for one bedroom, $1,917 for two, $2,448 for three and $2,977 for four bedrooms a month. FY 2027 runs from October 1, 2026 to September 30, 2027.
What was the fair market rent in Hillsborough County for FY 2026?
$1,593 for a studio, $1,696 for one bedroom, $1,977 for two, $2,527 for three and $3,077 for four bedrooms (FY 2026, October 1, 2025 to September 30, 2026).
What is the Section 8 voucher amount for a 2 bedroom in Hillsborough County?
The housing agency sets a payment standard, usually within the basic range of 90 to 110 percent of the FMR: $1,725 to $2,108 for two bedrooms here, or from the ZIP code's Small Area FMR, which HUD requires in this area. The voucher then pays the lower of the payment standard or the gross rent, minus the family's total tenant payment, usually 30 percent of adjusted monthly income (24 CFR 982.505 and 5.628). The local housing agency publishes its own schedule.
Does fair market rent include utilities?
Yes. HUD's rule defines Fair Market Rents as "estimates of rent plus the cost of utilities, except telephone", set at the 40th percentile of rents for standard-quality units rented by recent movers (24 CFR 888.113).
Is Hillsborough County's fair market rent high for Florida?
$1,917 for two bedrooms ranks 14th of 67 counties in Florida; the state's county median is $1,474 (range $953 to $2,564) and the national county median is $1,071.
Legal references
- 24 CFR 888.113, Fair market rents for existing housing: methodology
- 24 CFR 982.503, Voucher tenancy: payment standard amount and schedule
- 24 CFR 982.505, How to calculate housing assistance payment
JSON: /api/data/fair-market-rent/florida/hillsborough-county. Fair Market Rents are HUD program figures, not an appraisal of any unit's rent.