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FY2017 Hypothetical Small Area FMRs For Sarasota 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.

Sarasota County is part of the North Port-Sarasota-Bradenton, FL MSA.

Sarasota County, FL Hypothetical Small Area FMRs By Unit Bedrooms
ZIP Code Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom ZIP/CBSA Ratio
34223 $690 $740 $950 $1,310 $1,590 0.919
34224 $580 $610 $810 $1,130 $1,370 0.915
34228 $1,150 $1,240 $1,590 $2,180 $2,650 1.751
34229 $910 $980 $1,260 $1,730 $2,100 1.182
34230 $800 $860 $1,110 $1,520 $1,850 1.040
34231 $810 $870 $1,120 $1,540 $1,870 1.050
34232 $870 $930 $1,200 $1,650 $2,000 1.127
34233 $920 $990 $1,270 $1,740 $2,120 1.196
34234 $670 $720 $920 $1,260 $1,530 0.866
34235 $860 $930 $1,190 $1,630 $1,980 1.124
34236 $800 $860 $1,100 $1,510 $1,830 1.035
34237 $750 $800 $1,030 $1,410 $1,720 0.974
34238 $900 $970 $1,250 $1,720 $2,080 1.178
34239 $820 $890 $1,140 $1,560 $1,900 1.072
34240 $1,090 $1,170 $1,510 $2,070 $2,520 1.422
34241 $1,070 $1,150 $1,480 $2,030 $2,470 1.389
34242 $1,150 $1,240 $1,590 $2,180 $2,650 1.640
34243 $900 $970 $1,250 $1,720 $2,080 1.177
34251 $740 $790 $1,020 $1,400 $1,700 0.962
34266 $550 $590 $760 $1,040 $1,270 0.718
34272 $800 $860 $1,110 $1,520 $1,850 1.040
34274 $800 $860 $1,110 $1,520 $1,850 1.040
34275 $740 $790 $1,020 $1,400 $1,700 0.963
34276 $800 $860 $1,110 $1,520 $1,850 1.040
34277 $800 $860 $1,110 $1,520 $1,850 1.040
34284 $800 $860 $1,110 $1,520 $1,850 1.040
34285 $750 $810 $1,040 $1,430 $1,730 0.975
34286 $880 $940 $1,210 $1,660 $2,020 1.134
34287 $680 $730 $940 $1,290 $1,570 0.882
34288 $820 $890 $1,140 $1,560 $1,900 1.069
34289 $650 $700 $900 $1,240 $1,500 0.850
34290 $800 $860 $1,110 $1,520 $1,850 1.040
34291 $790 $850 $1,090 $1,500 $1,820 1.021
34292 $820 $880 $1,130 $1,550 $1,880 1.061
34293 $820 $890 $1,140 $1,560 $1,900 1.069
34295 $800 $860 $1,110 $1,520 $1,850 1.040

* 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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