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HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027

Fair Market Rent in Manatee County, Florida (FY 2027)

HUD's FY 2027 Fair Market Rent for a two-bedroom in Manatee County is $2,188 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.

Two-bedroom FMR

$2,188

+11.7% from FY 2026

Payment standard

$1,969–$2,407

90% to 110% of the FMR, two-bedroom

Income to afford

$87,520

a year, with rent at 30% of income

Rank in Florida

5th 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.

BedroomsFMRPayment standardIncome neededHourly wagevs FY 2026
Studio$1,749$1,574–$1,924$69,960$33.63/hr+23.3%
1 bedroom$1,876$1,688–$2,064$75,040$36.08/hr+11.3%
2 bedroom$2,188$1,969–$2,407$87,520$42.08/hr+11.7%
3 bedroom$2,775$2,498–$3,053$111,000$53.37/hr+9.4%
4 bedroom$3,309$2,978–$3,640$132,360$63.63/hr+9.3%
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.

BedroomsEstimated FMRPayment standard
5 bedroom Estimate$3,805$3,425–$4,186
6 bedroom Estimate$4,302$3,872–$4,732
7 bedroom Estimate$4,798$4,318–$5,278
8 bedroom Estimate$5,294$4,765–$5,823

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 Manatee actually rent for?

Search any address in Manatee 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 Manatee somewhere between $1,969 and $2,407. 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.

$2,188 a month is affordable, by HUD's 30% rule, on an income of roughly $87,520 a year. Put another way, $42 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 incomeTenant pays (30%)Voucher pays at 90%$1,969Voucher pays at 100%$2,188Voucher pays at 110%$2,407
$2,500$750$1,219$1,438$1,657
$4,000$1,200$769$988$1,207
Run your own numbers in the Section 8 rent calculator

Rate history

The two-bedroom rate went up 12% from FY 2026 ($1,958) to FY 2027 ($2,188). Since FY 2020 it's up 79% in total, about 8.7% a year. The Florida median held flat over the same year.

Fiscal yearStudio1 BR2 BR3 BR4 BR2BR change
FY 2020$807$951$1,220$1,629$1,983—
FY 2021$841$992$1,275$1,686$2,030+4.5%
FY 2022$920$1,081$1,385$1,835$2,185+8.6%
FY 2023$1,065$1,277$1,593$2,112$2,514+15.0%
FY 2024$1,230$1,502$1,815$2,416$2,875+13.9%
FY 2025$1,266$1,580$1,846$2,425$2,903+1.7%
FY 2026$1,418$1,686$1,958$2,537$3,027+6.1%
FY 2027In effect$1,749$1,876$2,188$2,775$3,309+11.7%

Get FY 2028 Manatee County rates the day HUD publishes them

HUD updates Fair Market Rents every fall. One email a year, no newsletter.

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 Manatee, that runs from $1,749 for a studio up to $3,309 for four bedrooms, all five rates in the table above.

This is a metro rate. The county doesn't get one of its own. HUD lumps Manatee in with one other county in the North Port-Bradenton-Sarasota metro, Sarasota County among them, and every one of them gets $2,188 for a two-bedroom. Where you are inside the metro doesn't change the county number. It does change the ZIP number, covered below.

Among Florida's 67 counties, Manatee ranks 5th for two-bedroom FMR. That's about 48% above the state median of $1,474 and about 106% above the national median county at $1,063. About 429,792 people live here, 15th in the state.

Rates by ZIP code

Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,740 in 34205 (Bradenton) and $3,280 in 34228 (Longboat Key), with the 28 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.

ZIPCity2BR ratevs county
34201Bradenton$2,390+9.2%
34202Bradenton$2,800+28.0%
34203Bradenton$1,890-13.6%
34204Bradenton$2,080-4.9%
34205Bradenton$1,740-20.5%
34206Bradenton$2,080-4.9%
34207Bradenton$1,850-15.4%
34208Bradenton$1,910-12.7%
34209Bradenton$2,370+8.3%
34210Bradenton$2,000-8.6%
34211Bradenton$2,720+24.3%
34212Bradenton$2,540+16.1%
34215Cortez$2,150-1.7%
34216Anna Maria$2,240+2.4%
34217Bradenton Beach$2,240+2.4%
34218Holmes Beach$2,188County rate—
34219Parrish$2,520+15.2%
34220Palmetto$2,080-4.9%
34221Palmetto$2,050-6.3%
34222Ellenton$1,940-11.3%
34228Longboat Key$3,280+49.9%
34243Sarasota$2,630+20.2%
34250Terra Ceia$2,050-6.3%
34251Myakka City$2,330+6.5%
34260Manasota$2,080-4.9%
34264Oneco$2,080-4.9%
34270Tallevast$2,080-4.9%
34280Bradenton$2,080-4.9%
34281Bradenton$2,188County rate—
34282Bradenton$2,080-4.9%

Counties sharing the North Port-Bradenton-Sarasota metro rate

HUD sets one rate for the whole metro, so every county here carries the same $2,188 two-bedroom figure as Manatee.

Nearby counties

Two-bedroom FMR, with how each compares to Manatee.

Questions people ask

$2,188 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $1,749 for a studio, $1,876 for one bedroom, $2,775 for three and $3,309 for four.

What does a rental in Manatee actually go for?

HUD's number is one input. Search any address in Manatee for a rent estimate built from nearby comps. Free to start, no card.

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