HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Collier County, Florida (FY 2027)
HUD's FY 2027 Fair Market Rent for a two-bedroom in Collier County is $2,036 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
Two-bedroom FMR
$2,036
+2.5% from FY 2026
Payment standard
$1,832–$2,240
90% to 110% of the FMR, two-bedroom
Income to afford
$81,440
a year, with rent at 30% of income
Rank in Florida
9th of 67
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $1,418 | $1,276–$1,560 | $56,720 | $27.27/hr | +1.6% |
| 1 bedroom | $1,870 | $1,683–$2,057 | $74,800 | $35.96/hr | +4.1% |
| 2 bedroom | $2,036 | $1,832–$2,240 | $81,440 | $39.15/hr | +2.5% |
| 3 bedroom | $2,584 | $2,326–$2,842 | $103,360 | $49.69/hr | +0.1% |
| 4 bedroom | $2,815 | $2,534–$3,097 | $112,600 | $54.13/hr | +0.4% |
Five to eight bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $3,237 | $2,913–$3,561 |
| 6 bedroom Estimate | $3,660 | $3,294–$4,026 |
| 7 bedroom Estimate | $4,082 | $3,674–$4,490 |
| 8 bedroom Estimate | $4,504 | $4,054–$4,954 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in Collier actually rent for?
Search any address in Collier for a rent estimate built from nearby comps, with the HUD figure right next to it.
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What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Collier somewhere between $1,832 and $2,240. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$2,036 a month is affordable, by HUD's 30% rule, on an income of roughly $81,440 a year. Put another way, $39 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$1,832 | Voucher pays at 100%$2,036 | Voucher pays at 110%$2,240 |
|---|---|---|---|---|
| $2,500 | $750 | $1,082 | $1,286 | $1,490 |
| $4,000 | $1,200 | $632 | $836 | $1,040 |
Rate history
The two-bedroom rate went up 3% from FY 2026 ($1,986) to FY 2027 ($2,036). Since FY 2020 it's up 47% in total, about 5.7% a year. The Florida median held flat over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $900 | $1,126 | $1,381 | $1,812 | $2,026 | — |
| FY 2021 | $948 | $1,118 | $1,376 | $1,791 | $1,922 | -0.4% |
| FY 2022 | $1,106 | $1,295 | $1,583 | $2,078 | $2,153 | +15.0% |
| FY 2023 | $1,288 | $1,468 | $1,795 | $2,394 | $2,471 | +13.4% |
| FY 2024 | $1,328 | $1,493 | $1,782 | $2,375 | $2,497 | -0.7% |
| FY 2025 | $1,362 | $1,596 | $1,860 | $2,453 | $2,662 | +4.4% |
| FY 2026 | $1,396 | $1,797 | $1,986 | $2,581 | $2,805 | +6.8% |
| FY 2027In effect | $1,418 | $1,870 | $2,036 | $2,584 | $2,815 | +2.5% |
About this rate
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2027 that's October 1, 2026 through September 30, 2027. In Collier, that runs from $1,418 for a studio up to $2,815 for four bedrooms, all five rates in the table above.
Collier is its own HUD metro area (Naples-Marco Island, FL), so the rate here is set from rents inside the county rather than a wider region.
Among Florida's 67 counties, Collier ranks 9th for two-bedroom FMR. That's about 38% above the state median of $1,474 and about 92% above the national median county at $1,063. About 398,291 people live here, 19th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,790 in 34142 (Immokalee) and $2,490 in 34120 (Naples), with the 25 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 34101 | Naples | $2,040 | +0.2% |
| 34102 | Naples | $1,850 | -9.1% |
| 34103 | Naples | $2,340 | +14.9% |
| 34104 | Naples | $2,010 | -1.3% |
| 34105 | Naples | $2,260 | +11.0% |
| 34106 | Naples | $2,040 | +0.2% |
| 34107 | Naples | $2,040 | +0.2% |
| 34108 | Naples | $2,470 | +21.3% |
| 34109 | Naples | $2,180 | +7.1% |
| 34110 | Naples | $2,220 | +9.0% |
| 34112 | Naples | $1,840 | -9.6% |
| 34113 | Naples | $2,170 | +6.6% |
| 34114 | Naples | $2,320 | +13.9% |
| 34116 | Naples | $1,940 | -4.7% |
| 34117 | Naples | $2,000 | -1.8% |
| 34119 | Naples | $2,250 | +10.5% |
| 34120 | Naples | $2,490 | +22.3% |
| 34137 | Copeland | $1,940 | -4.7% |
| 34138 | Chokoloskee | $2,220 | +9.0% |
| 34139 | Everglades City | $2,120 | +4.1% |
| 34140 | Goodland | $2,300 | +13.0% |
| 34141 | Ochopee | $2,050 | +0.7% |
| 34142 | Immokalee | $1,790 | -12.1% |
| 34143 | Immokalee | $2,036County rate | — |
| 34145 | Marco Island | $2,300 | +13.0% |
| 34146 | Marco Island | $2,040 | +0.2% |
Nearby counties
Two-bedroom FMR, with how each compares to Collier.
Lee County
35 mi · 817,666 people
$1,835
-10%
Hendry County
45 mi · 42,382 people
$1,144
-44%
Glades County
58 mi · 12,563 people
$1,127
-45%
Charlotte County
64 mi · 201,064 people
$1,575
-23%
DeSoto County
73 mi · 35,386 people
$1,089
-47%
Broward County
88 mi · 1,977,129 people
$2,321
+14%
Miami-Dade County
88 mi · 2,738,356 people
$2,564
+26%
Sarasota County
89 mi · 459,547 people
$2,188
+7%
Questions people ask
$2,036 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $1,418 for a studio, $1,870 for one bedroom, $2,584 for three and $2,815 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
Payment standard and tenant share for a specific rent
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords
Rent affordability calculator
The income a household needs for a given rent
What does a rental in Collier actually go for?
HUD's number is one input. Search any address in Collier for a rent estimate built from nearby comps. Free to start, no card.
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