Fair Market Rent · Florida
Fair Market Rent in Monroe County, FL
FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.
HUD's FY2027 Fair Market Rent for a 2-bedroom home in Monroe County is $2,254 a month, -10% from FY2026. Monroe County is part of the Monroe County, FL (a non-metro county area). HUD also publishes Small Area FMRs by ZIP code here; those can be higher or lower than the area-wide figure. See each ZIP code below.
Area-wide Fair Market Rents
| Size | FY2027 | FY2026 | Change | Typical voucher range (90–110%) |
|---|---|---|---|---|
| Studio | $1,554 | $1,726 | -10% | $1,399–1,709 |
| 1 bedroom | $1,990 | $2,211 | -10% | $1,791–2,189 |
| 2 bedrooms | $2,254 | $2,504 | -10% | $2,029–2,479 |
| 3 bedrooms | $2,973 | $3,303 | -10% | $2,676–3,270 |
| 4 bedrooms | $2,984 | $3,315 | -10% | $2,686–3,282 |
The voucher range is the typical band housing authorities use for payment standards; your housing authority sets the actual standard.
Rents by ZIP code in Monroe County
Open a ZIP code for every size, the spread of rents and nearby ZIP codes.
| ZIP | Place | 2-bedroom FMR (ZIP) | Census median, 2 bedrooms | Census median, all sizes |
|---|---|---|---|---|
| 33001 | Long Key | $2,260 | – | $2,175 |
| 33036 | Islamorada | $2,260 | $1,788 | $1,852 |
| 33037 | Key Largo | $2,260 | $2,149 | $1,899 |
| 33040 | Key West | $2,520 | $2,214 | $2,167 |
| 33042 | Summerland Key | $2,620 | $2,321 | $2,271 |
| 33043 | Big Pine Key | $2,260 | $2,012 | $1,724 |
| 33050 | Marathon | $2,260 | $1,716 | $1,653 |
| 33051 | Key Colony Beach | $2,260 | $2,513 | $1,929 |
| 33070 | Tavernier | $2,260 | $1,877 | $1,923 |
Sources: HUD Fair Market Rents and Small Area Fair Market Rents, FY2027 (effective October 1, 2026) and FY2026; U.S. Census Bureau, 2020–2024 American Community Survey 5-year estimates (median gross rent by ZIP code). Fair Market Rents and Census figures include utilities. Not affiliated with HUD or the Census Bureau. About the data.