Rental Property Investor · Orlando, FL · Member since 2015 · 353 posts · 269 votes
Does anyone know where I can find a list of the section 8 rental payment standards by number of bedrooms and zip code for Orlando Florida (Orange County)? I have properties in Brevard County and Jacksonville and have easily been able to locate the rent guideline charts by bedrooms and zip on their websites, but finding the chart for the greater Orlando area is proving more difficult. I am trying to determine how much the housing authority will pay for voucher holders in my home county. Thanks!
Rental Property Investor · Orlando, FL · Member since 2015 · 353 posts · 269 votes
6y
@Chris Roche I'm aware of the HUD website FMRs. The HUD website fair market rents does not list by zip code for Orlando. Also, I noticed FMRs for Brevard County on the HUD website are higher than the local housing authority's guidelines. I'm looking to see if the Orlando (or Orange County) local office has something they post by zip code.
Rental Property Investor · Orlando, FL · Member since 2015 · 353 posts · 269 votes
6y
@Todd Groom thanks but the HUD search engine does not have data down to the zip code level for the counties I am looking for. Brevard County yes, Orange County no.
They seem to have a landlord briefing (currently unavailable), but also have an email address listed on that page to reach out and contact them. Maybe they can shine some light.
Will reply again if I get the answer from one of my local investors!
Rental Property Investor · Orlando, FL · Member since 2015 · 353 posts · 269 votes
6y
@Bryan Stovall the reason I am looking for this data by zip code in Orlando or Orange County is to see if I can identify which zip codes have the highest rent-to-purchase price ratios. If I could identify a pocket in a transitional neighborhood that has a good rent cap, it would interest me. We just pulled off a deal in Brevard County Melbourne FL that had a rent cap in the mid $1400s (guaranteed funds through section 8) that we were able to purchase under 100k. I’ll take that kind of ratio all day in central Florida and if it’s section 8 at least I’m hedging my risk a little bit in these economic conditions.