HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Osceola County, Florida (FY 2027)
A two-bedroom in Osceola County carries a FY 2027 Fair Market Rent of $1,959 a month, effective October 1, 2026 through September 30, 2027. Everything Section 8 pays in Osceola keys off that figure.
Two-bedroom FMR
$1,959
-0.7% from FY 2026
Payment standard
$1,763–$2,155
90% to 110% of the FMR, two-bedroom
Income to afford
$78,360
a year, with rent at 30% of income
Rank in Florida
12th 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 | $1,658 | $1,492–$1,824 | $66,320 | $31.88/hr | +0.5% |
| 1 bedroom | $1,726 | $1,553–$1,899 | $69,040 | $33.19/hr | -0.3% |
| 2 bedroom | $1,959 | $1,763–$2,155 | $78,360 | $37.67/hr | -0.7% |
| 3 bedroom | $2,445 | $2,201–$2,690 | $97,800 | $47.02/hr | -1.3% |
| 4 bedroom | $2,856 | $2,570–$3,142 | $114,240 | $54.92/hr | -2.3% |
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.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $3,284 | $2,956–$3,612 |
| 6 bedroom Estimate | $3,713 | $3,342–$4,084 |
| 7 bedroom Estimate | $4,141 | $3,727–$4,555 |
| 8 bedroom Estimate | $4,570 | $4,113–$5,027 |
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 Osceola actually rent for?
Search any address in Osceola 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 Osceola somewhere between $1,763 and $2,155. 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.
$1,959 a month is affordable, by HUD's 30% rule, on an income of roughly $78,360 a year. Put another way, $38 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%$1,763 | Voucher pays at 100%$1,959 | Voucher pays at 110%$2,155 |
|---|---|---|---|---|
| $2,500 | $750 | $1,013 | $1,209 | $1,405 |
| $4,000 | $1,200 | $563 | $759 | $955 |
Rate history
The two-bedroom rate went down 1% from FY 2026 ($1,972) to FY 2027 ($1,959). Since FY 2020 it's up 57% in total, about 6.7% 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 | $989 | $1,064 | $1,248 | $1,636 | $1,956 | — |
| FY 2021 | $1,055 | $1,140 | $1,321 | $1,713 | $2,057 | +5.8% |
| FY 2022 | $1,152 | $1,237 | $1,422 | $1,827 | $2,211 | +7.6% |
| FY 2023 | $1,338 | $1,422 | $1,616 | $2,064 | $2,503 | +13.6% |
| FY 2024 | $1,558 | $1,638 | $1,857 | $2,362 | $2,849 | +14.9% |
| FY 2025 | $1,636 | $1,727 | $1,958 | $2,486 | $2,960 | +5.4% |
| FY 2026 | $1,650 | $1,731 | $1,972 | $2,476 | $2,924 | +0.7% |
| FY 2027In effect | $1,658 | $1,726 | $1,959 | $2,445 | $2,856 | -0.7% |
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 Osceola, that runs from $1,658 for a studio up to $2,856 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 Osceola in with 3 other counties in the Orlando-Kissimmee-Sanford metro, Orange County, Seminole County, Lake County among them, and every one of them gets $1,959 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, Osceola ranks 12th for two-bedroom FMR. That's about 33% above the state median of $1,474 and about 84% above the national median county at $1,063. About 427,415 people live here, 16th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,650 in 34769 (Saint Cloud) and $2,490 in 34773 (Saint Cloud), with the 15 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 |
|---|---|---|---|
| 33848 | Intercession City | $2,210 | +12.8% |
| 34739 | Kenansville | $1,770 | -9.6% |
| 34741 | Kissimmee | $1,900 | -3.0% |
| 34742 | Kissimmee | $1,950 | -0.5% |
| 34743 | Kissimmee | $2,030 | +3.6% |
| 34744 | Kissimmee | $1,730 | -11.7% |
| 34745 | Kissimmee | $1,950 | -0.5% |
| 34746 | Kissimmee | $2,090 | +6.7% |
| 34747 | Kissimmee | $2,110 | +7.7% |
| 34758 | Kissimmee | $2,100 | +7.2% |
| 34769 | Saint Cloud | $1,650 | -15.8% |
| 34770 | Saint Cloud | $1,950 | -0.5% |
| 34771 | Saint Cloud | $2,040 | +4.1% |
| 34772 | Saint Cloud | $2,260 | +15.4% |
| 34773 | Saint Cloud | $2,490 | +27.1% |
Counties sharing the Orlando-Kissimmee-Sanford metro rate
HUD sets one rate for the whole metro, so every county here carries the same $1,959 two-bedroom figure as Osceola.
Nearby counties
Two-bedroom FMR, with how each compares to Osceola.
Orange County
21 mi · 1,471,937 people
$1,959
same rate
Polk County
31 mi · 790,694 people
$1,608
-18%
Seminole County
34 mi · 481,470 people
$1,959
same rate
Brevard County
41 mi · 632,780 people
$1,779
-9%
Lake County
45 mi · 412,924 people
$1,959
same rate
Highlands County
56 mi · 105,702 people
$1,259
-36%
Sumter County
57 mi · 143,408 people
$1,324
-32%
Hardee County
58 mi · 25,675 people
$1,124
-43%
Questions people ask
$1,959 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $1,658 for a studio, $1,726 for one bedroom, $2,445 for three and $2,856 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 Osceola actually go for?
HUD's number is one input. Search any address in Osceola for a rent estimate built from nearby comps. Free to start, no card.
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