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HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026

Fair Market Rent in Miami-Dade County, Florida (FY 2026)

$2,436 a month. That's HUD's FY 2026 Fair Market Rent for a two-bedroom in Miami-Dade County, and it's the baseline every voucher in Miami-Dade is measured against.

2 bedroom FMR

$2,436

FY 2026, utilities included

Payment standard range

$2,192 to $2,680

90% to 110% of FMR

Income to afford 2BR

$97,440

per year, at 30% of income

Rank in Florida

2nd of 67

by 2BR FMR

FY 2027 published

HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Miami-Dade moves to $2,564. That's up 5%. The full FY 2027 table is in the history section below.

Market check

Two-bedrooms in Miami are asking $3,357. HUD says $2,436.

That's 38% above the county FMR. Median asking rent across 22 Miami ZIP codes with active 2BR listings. FMR includes utilities and asking rents usually don't, so the true gap is a little smaller.

Comps for a specific address

A rent estimate built from nearby listings, next to the HUD number.

FY 2026 Fair Market Rents

BedroomsFMRPayment standardIncome neededHourly wagevs FY 2025
Studio$1,828$1,645 to $2,011$73,120$35.15/hr+6.8%
1 bedroom$1,995$1,796 to $2,195$79,800$38.37/hr+5.1%
2 bedroom$2,436$2,192 to $2,680$97,440$46.85/hr+4.6%
3 bedroom$3,127$2,814 to $3,440$125,080$60.13/hr+4.0%
4 bedroom$3,613$3,252 to $3,974$144,520$69.48/hr+2.4%
5 to 8 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$4,155$3,740 to $4,571
6 bedroom Estimate$4,697$4,227 to $5,167
7 bedroom Estimate$5,239$4,715 to $5,763
8 bedroom Estimate$5,781$5,203 to $6,359

Source: HUD Office of Policy Development and Research, FY 2026 Fair Market Rents. Rents include utilities. huduser.gov

HUD sets Fair Market Rent once a year, based on what typical units in the area actually rent for, with utilities folded in. FY 2026 runs October 1, 2025 through September 30, 2026, and in Miami-Dade County the five published rates run from $1,828 to $3,613, studio through four bedrooms.

Miami-Dade is its own HUD metro area (Miami-Miami Beach-Kendall, FL), so the rate here is set from rents inside the county rather than a wider region.

The state median two-bedroom FMR is $1,471. Miami-Dade comes in at $2,436, about 66% above that, and ranks 2nd of 67 in Florida. Against the national median county ($1,018) it's about 139% above. Population is around 2,688,237.

Rates by ZIP code

HUD also publishes Small Area FMRs for the 119 ZIP codes it covers in Miami-Dade. Two-bedroom rates run from $1,890 in 33136 (Miami) to $3,650 in 33131 (Miami), a $1,760 spread inside one county. Whether your housing authority uses the ZIP rate or the county rate depends on whether HUD has designated this area for Small Area FMRs. Ask the PHA which one it's on before you price a unit.

ZIPCity2BR ratevs county
33002Hialeah$2,440+0.2%
33010Hialeah$2,230-8.5%
33011Hialeah$2,440+0.2%
33012Hialeah$2,450+0.6%
33013Hialeah$2,100-13.8%
33014Hialeah$2,690+10.4%
33015Hialeah$2,840+16.6%
33016Hialeah$2,610+7.1%
33017Hialeah$2,440+0.2%
33018Hialeah$2,710+11.2%
33030Homestead$1,940-20.4%
33031Homestead$2,340-3.9%
33032Homestead$2,290-6.0%
33033Homestead$2,210-9.3%
33034Homestead$1,920-21.2%
33035Homestead$2,660+9.2%
33039Homestead$2,440+0.2%
33054Opa Locka$1,930-20.8%
33055Opa Locka$2,310-5.2%
33056Miami Gardens$2,330-4.4%
33090Homestead$2,440+0.2%
33092Homestead$2,440+0.2%
33101Miami$2,440+0.2%
33102Miami$2,436County rate
33106Miami$2,440+0.2%
33109Miami Beach$3,580+47.0%
33111Miami$2,436County rate
33114Coral Gables$2,440+0.2%
33116Miami$2,440+0.2%
33119Miami Beach$2,440+0.2%
33122Miami$3,420+40.4%
33124Miami$2,440+0.2%
33125Miami$2,420-0.7%
33126Miami$2,650+8.8%
33127Miami$2,140-12.2%
33128Miami$1,910-21.6%
33129Miami$3,150+29.3%
33130Miami$2,710+11.2%
33131Miami$3,650+49.8%
33132Miami$3,540+45.3%

What a voucher pays here

The FMR isn't the check you'd receive. Your local housing authority turns it into a payment standard, set between 90% and 110% of FMR, so a two-bedroom here lands between $2,192 and $2,680. Subtract about 30% of the tenant's income and that's the housing assistance payment. If you ask more than similar unassisted units rent for, the PHA's rent reasonableness check will push back.

At the standard 30% of income, a household needs about $97,440 a year to afford $2,436 a month. On a 40-hour week that's $47 an hour.

Worked example for a two-bedroom, assuming the rent equals the payment standard. Tenant pays 30% of monthly income, HUD's housing assistance payment covers the rest.

Monthly household incomeTenant pays (30%)HAP at 90% ($2,192)HAP at 100% ($2,436)HAP at 110% ($2,680)
$2,500$750$1,442$1,686$1,930
$4,000$1,200$992$1,236$1,480

Rate history

The two-bedroom rate went up 5% from FY 2025 ($2,329) to FY 2026 ($2,436). Since FY 2020 it's up 50% in total, about 7.0% a year. The Florida median moved up 3% over the same year.

YearStudio1 BR2 BR3 BR4 BR2BR change
FY 2020$1,084$1,285$1,625$2,164$2,621
FY 2021$1,057$1,231$1,551$2,068$2,483-4.6%
FY 2022$1,162$1,332$1,672$2,220$2,631+7.8%
FY 2023$1,362$1,546$1,923$2,530$2,997+15.0%
FY 2024$1,683$1,884$2,324$3,027$3,589+20.9%
FY 2025$1,711$1,898$2,329$3,008$3,527+0.2%
FY 2026$1,828$1,995$2,436$3,127$3,613+4.6%
FY 2027$1,953$2,121$2,564$3,277$3,749+5.3%

Nearby counties

Get next year's Miami-Dade County rates the day they publish

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

Questions people ask

$2,436 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $1,828 for a studio, $1,995 for one bedroom, $3,127 for three and $3,613 for four.

Tools for this county

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