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)

National rank

#67

of 661 U.S. metros (top 11% most expensive)

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

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

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

Counties in This FMR Area

Manatee County Sarasota County