FMR is near market; voucher and private rents are aligned.
0.91
1 BR
1 BR- 32951
0.90ratio
FMR$1,770
Market$1,960
vs market-$190
FMR is near market; voucher and private rents are aligned.
0.90
2 BR
2 BR- 32951
0.89ratio
FMR$2,070
Market$2,320
vs market-$250
FMR is below market; voucher rent may lag private rents.
0.89
3 BR
3 BR- 32951
0.92ratio
FMR$2,770
Market$3,000
vs market-$230
FMR is near market; voucher and private rents are aligned.
0.92
4 BR
4 BR- 32951
0.90ratio
FMR$3,150
Market$3,500
vs market-$350
FMR is near market; voucher and private rents are aligned.
0.90
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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Melbourne Beach, FL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Melbourne Beach, FL is $2,070 a month. That is up 2.0% from $2,030 in FY 2026. Melbourne Beach is in the Palm Bay-Melbourne-Titusville, FL MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Florida is $1,474, so Melbourne Beach is 40% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Melbourne Beach, FL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,500
$1,540
+2.7%
$1,386–$1,694
1BR
$1,760
$1,770
+0.6%
$1,593–$1,947
2BR
$2,030
$2,070
+2.0%
$1,863–$2,277
3BR
$2,770
$2,770
0.0%
$2,493–$3,047
4BR
$3,140
$3,150
+0.3%
$2,835–$3,465
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Melbourne Beach, FL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,540
$1,770
$2,070
$2,770
$3,150
FY 2026
$1,500
$1,760
$2,030
$2,770
$3,140
FY 2025
$1,440
$1,690
$1,960
$2,670
$3,050
FY 2024
$1,370
$1,610
$1,900
$2,570
$3,000
FY 2023
$1,380
$1,640
$1,970
$2,630
$3,130
Questions about Melbourne Beach, FL rents
How much will Section 8 pay for a two-bedroom in Melbourne Beach, FL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,070, that basic range is $1,863 to $2,277 a month. 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 Melbourne Beach, FL in?
Melbourne Beach, FL is in the Palm Bay-Melbourne-Titusville, FL MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Melbourne Beach, FL for FY 2027?
The two-bedroom FMR rose 2.0%, from $2,030 in FY 2026 to $2,070 in FY 2027. Since FY 2023 it has risen 5.1%.
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