FMR is near market; voucher and private rents are aligned.
0.96
1 BR
1 BR- 32410
1.11ratio
FMR$1,940
Market$1,750
vs market+$190
FMR is above market; underwrite to market rent.
1.11
2 BR
2 BR- 32410
1.04ratio
FMR$2,110
Market$2,030
vs market+$80
FMR is near market; voucher and private rents are aligned.
1.04
3 BR
3 BR- 32410
1.19ratio
FMR$2,690
Market$2,270
vs market+$420
FMR is above market; underwrite to market rent.
1.19
4 BR
4 BR- 32410
1.21ratio
FMR$3,280
Market$2,720
vs market+$560
FMR is above market; underwrite to market rent.
1.21
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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Mexico Beach, FL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Mexico Beach, FL is $2,110 a month. That is up 1.9% from $2,070 in FY 2026. Mexico Beach is in the Panama City, 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 $1,651. The median county two-bedroom FMR in Florida is $1,474, so Mexico Beach is 43% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Mexico Beach, FL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,760
$1,810
+2.8%
$1,629–$1,991
1BR
$1,820
$1,940
+6.6%
$1,746–$2,134
2BR
$2,070
$2,110
+1.9%
$1,899–$2,321
3BR
$2,670
$2,690
+0.7%
$2,421–$2,959
4BR
$3,310
$3,280
−0.9%
$2,952–$3,608
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Mexico Beach, FL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,810
$1,940
$2,110
$2,690
$3,280
FY 2026
$1,760
$1,820
$2,070
$2,670
$3,310
FY 2025
$1,610
$1,620
$1,890
$2,510
$3,170
FY 2024
$1,570
$1,610
$1,890
$2,560
$3,210
FY 2023
$1,310
$1,400
$1,620
$2,230
$2,760
Questions about Mexico Beach, FL rents
How much will Section 8 pay for a two-bedroom in Mexico Beach, FL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,651, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,486 to $1,816 a month; under the ZIP-level Small Area FMR of $2,110 it would be $1,899 to $2,321. 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 Mexico Beach, FL in?
Mexico Beach, FL is in the Panama City, FL HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,651.
How much did fair market rent change in Mexico Beach, FL for FY 2027?
The two-bedroom FMR rose 1.9%, from $2,070 in FY 2026 to $2,110 in FY 2027. Since FY 2023 it has risen 30.2%.
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