FMR is below market; voucher rent may lag private rents.
0.58
1 BR
1 BR- 32666
0.57ratio
FMR$810
Market$1,420
vs market-$610
FMR is below market; voucher rent may lag private rents.
0.57
2 BR
2 BR- 32666
0.63ratio
FMR$990
Market$1,560
vs market-$570
FMR is below market; voucher rent may lag private rents.
0.63
3 BR
3 BR- 32666
0.68ratio
FMR$1,260
Market$1,840
vs market-$580
FMR is below market; voucher rent may lag private rents.
0.68
4 BR
4 BR- 32666
0.76ratio
FMR$1,440
Market$1,900
vs market-$460
FMR is below market; voucher rent may lag private rents.
0.76
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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Melrose, FL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Melrose, FL is $990 a month. That is down 10.0% from $1,100 in FY 2026. Melrose is in the Jacksonville, FL HUD Metro FMR Area, 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 Melrose is 33% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Melrose, FL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$860
$780
−9.3%
$702–$858
1BR
$900
$810
−10.0%
$729–$891
2BR
$1,100
$990
−10.0%
$891–$1,089
3BR
$1,390
$1,260
−9.4%
$1,134–$1,386
4BR
$1,600
$1,440
−10.0%
$1,296–$1,584
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Melrose, FL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$780
$810
$990
$1,260
$1,440
FY 2026
$860
$900
$1,100
$1,390
$1,600
FY 2025
$950
$990
$1,220
$1,540
$1,770
FY 2024
$920
$1,010
$1,200
$1,540
$1,790
FY 2023
$750
$850
$1,010
$1,310
$1,590
Questions about Melrose, FL rents
How much will Section 8 pay for a two-bedroom in Melrose, FL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $990, that basic range is $891 to $1,089 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 Melrose, FL in?
Melrose, FL is in the Jacksonville, FL HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Melrose, FL for FY 2027?
The two-bedroom FMR fell 10.0%, from $1,100 in FY 2026 to $990 in FY 2027. Since FY 2023 it has fallen 2.0%.
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