What is the Fair Market Rent for a 2-bedroom in North Port-Sarasota-Bradenton, FL MSA?

The HUD Fair Market Rent for a 2-bedroom unit in North Port-Sarasota-Bradenton, FL MSA is $1,958 per month for fiscal year 2026. The studio FMR is $1,418, 1-bedroom is $1,686, 3-bedroom is $2,537, and 4-bedroom is $3,027.

What income do you need to afford the FMR in North Port-Sarasota-Bradenton, FL MSA?

Using the standard 30%-of-income affordability rule, a household would need to earn about $78,320 per year ($6,527 per month) to afford the FY2026 2-bedroom Fair Market Rent of $1,958 in North Port-Sarasota-Bradenton, FL MSA.

FY2026 Fair Market Rents — North Port-Sarasota-Bradenton, FL MSA

The HUD-published Fair Market Rents for FY2026 in this area are:

Studio

$1,418

1BR

$1,686

2BR

$1,958

3BR

$2,537

4BR

$3,027

Hours/week at min wage

108 hrs

to afford the 2BR FMR @ $14.00/hr (FL)

YoY change (2BR)

+6.1%

+$112 vs FY2025 · 5-yr +53.6%

Voucher payment standard

$1,762–$2,154

PHAs set HCV payment at 90–110% of the 2BR FMR

North Port-Sarasota-Bradenton, FL MSA

Non-Metropolitan area · FL · View full history · Income limits · LIHTC rents

FY2026 Fair Market Rents

Bedroom Size	Monthly FMR	Annual Equivalent
Efficiency (Studio)	$1,418	$17,016
1-Bedroom	$1,686	$20,232
2-Bedroom	$1,958	$23,496
3-Bedroom	$2,537	$30,444
4-Bedroom	$3,027	$36,324

Recent 2-Bedroom FMR Trend

FY2020 $1,220 → FY2026 $1,958

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2026	$1,418	$1,686	$1,958	$2,537	$3,027
FY2025	$1,266	$1,580	$1,846	$2,425	$2,903
FY2024	$1,230	$1,502	$1,815	$2,416	$2,875
FY2023	$1,065	$1,277	$1,593	$2,112	$2,514
FY2022	$920	$1,081	$1,385	$1,835	$2,185
FY2021	$841	$992	$1,275	$1,686	$2,030
FY2020	$807	$951	$1,220	$1,629	$1,983

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $109,700

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$24,000	$27,400	$30,850	$34,250	$38,680	$44,360
50% AMI (Very Low)	$39,950	$45,650	$51,350	$57,050	$61,650	$66,200
80% AMI (Low)	$63,950	$73,050	$82,200	$91,300	$98,650	$105,950

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$23,496/yr

FMR as % of Area Median Income

21.4% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$78,320/yr

$6,527/mo gross income

FY2026 LIHTC Maximum Rents

Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →

AMI Band	Studio	1BR	2BR	3BR	4BR
50% AMI Maximum	$959	$1,097	$1,234	$1,480	$1,590
60% AMI Maximum	$1,151	$1,316	$1,480	$1,777	$1,908

FY2026 HOME Program Rent Limits

Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →

Limit Type	Studio	1BR	2BR	3BR	4BR
High HOME Rent	$1,418	$1,686	$1,782	$1,782	$1,782
Low HOME Rent	$998	$1,141	$1,283	$1,426	$1,541

Small Area FMRs by ZIP Code

This metro publishes ZIP-level Small Area Fair Market Rents. Metro-wide 2BR FMR: $1,958. About SAFMRs →

Highest-cost ZIPs (2BR SAFMR)

34228	$2,940
34242	$2,760
34240	$2,750
34202	$2,550
34211	$2,440

Lowest-cost ZIPs (2BR SAFMR)

34224	$1,370
34266	$1,490
34223	$1,560
34205	$1,570
34287	$1,630

All 62 ZIP codes in this area

34201 34202 34203 34204 34205 34206 34207 34208 34209 34210 34211 34212 34215 34216 34217 34219 34220 34221 34222 34223 34224 34228 34229 34230 34231 34232 34233 34234 34235 34236 34237 34238 34239 34240 34241 34242 34243 34249 34250 34251 34260 34264 34266 34270 34272 34274 34275 34276 34277 34280 34282 34284 34285 34286 34287 34288 34289 34290 34291 34292 34293 34295

Compare North Port-Sarasota-Bradenton, FL MSA With Other FL Metros

vs. Baker County, FL HUD Metro FMR Area vs. Cape Coral-Fort Myers, FL MSA vs. Crestview-Fort Walton Beach-Destin, FL HUD Metro FMR Area vs. Deltona-Daytona Beach-Ormond Beach, FL HUD Metro FMR Area vs. Fort Lauderdale, FL HUD Metro FMR Area