Citrus County, FL: Fair Market Rent 2027 and Income Limits

Official HUD figures for landlords and renters, effective October 1, 2026 (rents) and May 1, 2026 (income limits).

$1,1942-bedroom FMR, FY2027

$9881-bedroom FMR, FY2027

$63,85080% income limit, family of 4 (FY2026)

$81,400Median family income (FY2026)

The FY2027 Fair Market Rent for a two-bedroom unit in Citrus County is $1,194 a month, down 2.5% from $1,225 in FY2026. Citrus County belongs to the Homosassa Springs, FL MSA FMR area, so the same figures apply across that area. FMRs are gross rents: rent plus all tenant-paid utilities except phone, cable and internet.

Fair market rent in Citrus County by bedroom count

Unit size	FY2027 FMR	FY2026 FMR	Change	Payment standard range (90–110%)
Studio	$985	$981	+0.4%	$887 – $1,083
1 bedroom	$988	$988	±0.0%	$890 – $1,086
2 bedrooms	$1,194	$1,225	−2.5%	$1,075 – $1,313
3 bedrooms	$1,653	$1,704	−3.0%	$1,488 – $1,818
4 bedrooms	$1,993	$2,016	−1.1%	$1,794 – $2,192

Source: HUD Fair Market Rents FY2027 (effective October 1, 2026) and FY2026 (revised file), details.

What can a landlord charge a Section 8 tenant here?

The FMR is not a cap on what you can ask on the open market. For a Housing Choice Voucher tenant, the local housing authority sets a payment standard, normally between 90% and 110% of the FMR (or of the ZIP-level Small Area FMR where those apply). For a two-bedroom unit in Citrus County that is typically $1,075 to $1,313 including utilities. You can charge more than the payment standard if the rent passes the housing authority's rent-reasonableness test and, at move-in, the tenant's share stays within 40% of their adjusted monthly income. Ask the housing authority for its current payment standard schedule.

Can local renters afford the fair market rent?

$37,570median income of renter households

$1,107Median gross rent, all units

35%Rent-to-income ratio (median rent ÷ median renter income)

56%of renter households pay 30% or more of income on rent

At the 30% rule, a renter household earning the local median of $37,570 can afford about $939 a month including utilities. The FY2027 two-bedroom Fair Market Rent of $1,194 is $255 (27.1%) more than that. To rent a two-bedroom at the FMR, a household needs $47,760 a year under the 30% rule, or $42,984 under the common landlord rule that income must be three times the rent.

Citrus County, ACS 2020–2024	Estimate ± MOE
Median gross rent (rent + utilities)	$1,107 ±$50
Median income of renter households	$37,570 ±$4,151
Renters paying 30% or more of income (cost-burdened)	56.0% ±3.0
Renters paying 50% or more (severely cost-burdened)	31.0% ±4.0
Renter households (where the share can be computed)	9,043

Change since 2015–2019

	ACS 2015–2019	ACS 2020–2024	Change
Median gross rent	$843	$1,107	+31.3%
Median renter household income	$29,901	$37,570	+25.6%
Renters paying 30%+ of income	56.8%	56.0%	−0.8 pts

Rent-to-income calculator: does an applicant qualify? → · Most affordable counties to rent in this state →

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates 2020–2024 and 2015–2019 (tables B25064, B25119, B25070). ± = margin of error at 90% confidence. Dollar figures are not adjusted for inflation.

Small Area FMRs by ZIP code (FY2027)

In metro areas HUD also publishes ZIP-level Small Area Fair Market Rents. Housing authorities in designated areas must use them for voucher payment standards; others may opt in. Here the two-bedroom SAFMR ranges from $1,110 to $1,460 depending on the ZIP code.

All 23 ZIP codes in this FMR area

ZIP	0 BR	1 BR	2 BR	3 BR	4 BR
34423	$980	$980	$1,190	$1,650	$1,990
34428	$890	$890	$1,110	$1,540	$1,820
34429	$990	$990	$1,200	$1,660	$2,000
34433	$1,200	$1,210	$1,460	$2,020	$2,440
34434	$1,150	$1,160	$1,400	$1,940	$2,340
34436	$890	$890	$1,110	$1,540	$1,820
34441	$980	$980	$1,190	$1,650	$1,990
34442	$890	$890	$1,110	$1,540	$1,820
34445	$1,110	$1,120	$1,350	$1,870	$2,250
34446	$970	$980	$1,180	$1,630	$1,970
34447	$980	$980	$1,190	$1,650	$1,990
34448	$890	$890	$1,110	$1,540	$1,820
34449	$890	$890	$1,110	$1,540	$1,820
34450	$930	$930	$1,130	$1,560	$1,890
34451	$980	$980	$1,190	$1,650	$1,990
34452	$1,040	$1,040	$1,260	$1,740	$2,100
34453	$920	$930	$1,120	$1,550	$1,870
34460	$980	$980	$1,190	$1,650	$1,990
34461	$1,080	$1,080	$1,310	$1,810	$2,190
34464	$980	$980	$1,190	$1,650	$1,990
34465	$1,060	$1,070	$1,290	$1,790	$2,150
34487	$980	$980	$1,190	$1,650	$1,990
34601	$1,170	$1,210	$1,410	$1,800	$2,190

Source: HUD FY2027 Small Area FMRs (effective October 1, 2026).

HUD income limits for Citrus County (FY2026)

Income limits decide who qualifies for Section 8 vouchers, public housing and most HUD-assisted units. The area median family income is $81,400 (FY2025: $72,500, +12.3%). Small figures under each limit show the change from FY2025.

Household size	1 person	2 people	3 people	4 people	5 people	6 people	7 people	8 people
Extremely low income (30%)	$16,800 +7.3%	$21,640 +2.3%	$27,320 +2.5%	$33,000 +2.6%	$38,680 +2.7%	$44,360 +5.2%	$49,500 +9.9%	$52,700 +9.9%
Very low income (50%)	$27,950 +9.8%	$31,950 +10.0%	$35,950 +9.9%	$39,900 +9.9%	$43,100 +9.8%	$46,300 +9.8%	$49,500 +9.9%	$52,700 +9.9%
Low income (80%)	$44,700 +9.8%	$51,100 +9.9%	$57,500 +9.9%	$63,850 +9.9%	$69,000 +10.0%	$74,100 +9.9%	$79,200 +9.9%	$84,300 +9.9%

The 30% limit is HUD's “extremely low income” limit: the higher of 30% of median income or the federal poverty guideline, but never above the 50% limit. That is why it can rise faster than 30% of median for larger households. Tax-credit (LIHTC) properties use separate Multifamily Tax Subsidy Project limits.

Source: HUD Section 8 Income Limits FY2026 (effective May 1, 2026) and FY2025, details.