FMR is near market; voucher and private rents are aligned.
0.97
1 BR
1 BR- 32550
0.89ratio
FMR$1,850
Market$2,080
vs market-$230
FMR is below market; voucher rent may lag private rents.
0.89
2 BR
2 BR- 32550
0.73ratio
FMR$2,010
Market$2,740
vs market-$730
FMR is below market; voucher rent may lag private rents.
0.73
3 BR
3 BR- 32550
0.95ratio
FMR$2,780
Market$2,940
vs market-$160
FMR is near market; voucher and private rents are aligned.
0.95
4 BR
4 BR- 32550
0.88ratio
FMR$3,360
Market$3,820
vs market-$460
FMR is below market; voucher rent may lag private rents.
0.88
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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Miramar Beach, FL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Miramar Beach, FL is $2,010 a month. That is up 2.0% from $1,970 in FY 2026. Miramar Beach is in the Walton 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 $1,474. The median county two-bedroom FMR in Florida is $1,474, so Miramar Beach is 36% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Miramar Beach, FL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,530
$1,530
0.0%
$1,377–$1,683
1BR
$1,800
$1,850
+2.8%
$1,665–$2,035
2BR
$1,970
$2,010
+2.0%
$1,809–$2,211
3BR
$2,740
$2,780
+1.5%
$2,502–$3,058
4BR
$3,300
$3,360
+1.8%
$3,024–$3,696
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Miramar Beach, FL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,530
$1,850
$2,010
$2,780
$3,360
FY 2026
$1,530
$1,800
$1,970
$2,740
$3,300
FY 2025
$1,430
$1,640
$1,820
$2,550
$3,060
FY 2024
$1,400
$1,580
$1,770
$2,370
$2,930
FY 2023
$1,230
$1,390
$1,570
$2,060
$2,400
Questions about Miramar Beach, FL rents
How much will Section 8 pay for a two-bedroom in Miramar Beach, FL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,474, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,327 to $1,621 a month; under the ZIP-level Small Area FMR of $2,010 it would be $1,809 to $2,211. 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 Miramar Beach, FL in?
Miramar Beach, FL is in the Walton County, FL HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,474.
How much did fair market rent change in Miramar Beach, FL for FY 2027?
The two-bedroom FMR rose 2.0%, from $1,970 in FY 2026 to $2,010 in FY 2027. Since FY 2023 it has risen 28.0%.
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