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FL/Baker County/Glen Saint Mary

Glen Saint Mary, FL

CitySAFMR
Baker County
Found 1 ZIP

City Median Investment Score

63Below average

095130300
BRFMR
Eff. Rent
0 BR$890$890
1 BR$900$990
2 BR$1,070$1,180
3 BR$1,480$1,630
4 BR$1,640$1,800
5 BR$1,886Not available
6 BR$2,169Not available
7 BR$2,494Not available
8 BR$2,868Not available

Purchase Price Calculator

Maximum purchase price
$113,431

Cost breakdown

+Likely effective rent$1,180
HUD FMR$1,070
Market rent$1,840
Est. payment standard (110%)Used$1,180
-Principal and interest-$574
Loan amount$90,745
Down payment$22,686
Rate6.50%
Term30 years
-Operating costs-$406
Property taxes-$113
Insurance-$175
Utilities$0
HOA$0
Management-$118
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$19,173(84.5% ROI)
Projected value
$122,153
Return breakdown
Property appreciation+$8,722
Loan principal paid down+$3,251
Rental cash flow+$7,200
5-year hold
+$32,703(144.2% ROI)
Projected value
$128,337
Return breakdown
Property appreciation+$14,906
Loan principal paid down+$5,798
Rental cash flow+$12,000
10-year hold
+$69,585(306.7% ROI)
Projected value
$145,201
Return breakdown
Property appreciation+$31,770
Loan principal paid down+$13,815
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

1 BR
0.50
2 BR
0.58
3 BR
0.77
4 BR
0.81
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Glen Saint Mary, FL fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Glen Saint Mary, FL is $1,070 a month. That is down 5.3% from $1,130 in FY 2026. Glen Saint Mary is in the Baker County, FL HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,110. The median county two-bedroom FMR in Florida is $1,474, so Glen Saint Mary is 27% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Glen Saint Mary, FL
BedroomsFY 2027Change90–110% range
Studio$890−3.3%$801–$979
1BR$900−4.3%$810–$990
2BR$1,070−5.3%$963–$1,177
3BR$1,480−4.5%$1,332–$1,628
4BR$1,640−9.9%$1,476–$1,804

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Glen Saint Mary, FL
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$890$900$1,070$1,480$1,640
FY 2026$920$940$1,130$1,550$1,820
FY 2025$960$1,010$1,200$1,620$2,020
FY 2024$850$860$1,130$1,490$1,920
FY 2023$670$700$920$1,230$1,570

Questions about Glen Saint Mary, FL rents

How much will Section 8 pay for a two-bedroom in Glen Saint Mary, FL?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,110, which applies unless the housing authority uses Small Area FMRs, that basic range is $999 to $1,221 a month; under the ZIP-level Small Area FMR of $1,070 it would be $963 to $1,177. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is Glen Saint Mary, FL in?

Glen Saint Mary, FL is in the Baker County, FL HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,110.

How much did fair market rent change in Glen Saint Mary, FL for FY 2027?

The two-bedroom FMR fell 5.3%, from $1,130 in FY 2026 to $1,070 in FY 2027. Since FY 2023 it has risen 16.3%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set