City Median Investment Score
68Below average
| BR | FMR | Eff. Rent | 3Y CAGR |
|---|---|---|---|
| 0 BR | $1,260 – $1,550▲ | $1,390 – $1,710 | 12.5% |
| 1 BR | $1,360 – $1,680▼ | $1,500 – $1,750 | 8.6% |
| 2 BR | $1,670 – $2,060▼ | $1,670 – $2,060 | 8.8% |
| 3 BR | $2,200 – $2,710▼ | $1,860 – $2,600 | 8.8% |
| 4 BR | $2,400 – $2,960— | $2,010 – $2,830 | 10.8% |
| 5 BR | $3,254— | —Not available | 10.8% |
| 6 BR | $3,743— | —Not available | 10.8% |
| 7 BR | $4,304— | —Not available | 10.8% |
| 8 BR | $4,950— | —Not available | 10.8% |
Public Housing Authority
Rolodex
Market Alignment
FMR is below market; voucher rent may lag private rents.
FMR is below market; voucher rent may lag private rents.
FMR is below market; voucher rent may lag private rents.
FMR is near market; voucher and private rents are aligned.
FMR is above market; underwrite to market rent.
FMR is above market; underwrite to market rent.
FMR is above market; underwrite to market rent.
FMR is above market; underwrite to market rent.
- FMR
- FY2027
- Market rent
- last ~365 days
- Property value
- --
- Tax rate
- --
- Mortgage rate
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New Smyrna Beach, FL fair market rent, FY 2027
For FY 2027, HUD's two-bedroom Small Area Fair Market Rent across the 3 ZIP codes in New Smyrna Beach, FL ranges from $1,670 to $2,060 a month, with a median of $1,970. That is down 0.5% from $1,980 in FY 2026. New Smyrna Beach is in the Deltona-Daytona Beach-Ormond Beach, 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 $1,673. The median county two-bedroom FMR in Florida is $1,474, so New Smyrna Beach is 34% above it.
FY 2027 rent by bedroom
| Bedrooms | FY 2026 | FY 2027 | Change | 90–110% range |
|---|---|---|---|---|
| Studio | $1,400 | $1,480 | +5.7% | $1,332–$1,628 |
| 1BR | $1,610 | $1,600 | −0.6% | $1,440–$1,760 |
| 2BR | $1,980 | $1,970 | −0.5% | $1,773–$2,167 |
| 3BR | $2,610 | $2,600 | −0.4% | $2,340–$2,860 |
| 4BR | $2,830 | $2,830 | 0.0% | $2,547–$3,113 |
Fair market rent history, FY 2023–2027
| Fiscal year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY 2027 | $1,480 | $1,600 | $1,970 | $2,600 | $2,830 |
| FY 2026 | $1,400 | $1,610 | $1,980 | $2,610 | $2,830 |
| FY 2025 | $1,340 | $1,600 | $1,960 | $2,580 | $2,770 |
| FY 2024 | $1,040 | $1,250 | $1,530 | $2,020 | $2,080 |
| FY 2023 | $910 | $1,110 | $1,360 | $1,790 | $1,850 |
Two-bedroom rent by ZIP code
Questions about New Smyrna Beach, FL rents
How much will Section 8 pay for a two-bedroom in New Smyrna Beach, FL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,673, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,506 to $1,840 a month; under the ZIP-level Small Area FMR of $1,970 it would be $1,773 to $2,167. 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 New Smyrna Beach, FL in?
New Smyrna Beach, FL is in the Deltona-Daytona Beach-Ormond Beach, FL HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,673.
How much did fair market rent change in New Smyrna Beach, FL for FY 2027?
The two-bedroom FMR fell 0.5%, from $1,980 in FY 2026 to $1,970 in FY 2027. Since FY 2023 it has risen 44.9%.
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