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FY2017 Hypothetical Small Area FMRs For Sumter County, FL

In metropolitan areas, HUD defines Small Areas using ZIP Codes within the metropolitan area. Using ZIP codes as the basis for FMRs provides tenants with greater ability to move into ?Opportunity Neighborhoods? with jobs, public transportation, and good schools. They also provide for multiple payment standards within a metropolitan area, and they are likely to reduce need for extensive market area rent reasonableness studies. Lastly, HUD hopes that setting FMRs for each ZIP code will reduce overpayment in lower-rent areas.

Sumter County is part of the The Villages, FL MSA.

Sumter County, FL Hypothetical Small Area FMRs By Unit Bedrooms
ZIP Code Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom ZIP/CBSA Ratio
32159 $670 $730 $890 $1,220 $1,390 0.976
32162 $810 $890 $1,120 $1,610 $1,640 1.837
32163 $520 $570 $720 $1,050 $1,060 0.986
33513 $470 $510 $650 $940 $950 0.873
33514 $500 $550 $700 $1,020 $1,030 0.960
33521 $470 $510 $650 $940 $950 0.807
33538 $480 $530 $670 $970 $980 0.907
33585 $520 $570 $720 $1,050 $1,060 0.986
33597 $520 $580 $730 $1,040 $1,090 0.921
34484 $470 $510 $650 $940 $950 0.874
34731 $520 $570 $720 $1,050 $1,060 0.986
34785 $520 $570 $720 $1,050 $1,060 0.976

* Small Area FMRs presented with an asterisk are calculated in accordance with the Guidance For Preparing Comments on Small Area FMRs available at here.

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