PALM BAY, FL
CitySAFMR
Brevard County
Found 7 ZIPs
BRFMR
Eff. Rent
0 BR$1,210 – $1,500$1,210 – $1,500
1 BR$1,410 – $1,750$1,390 – $1,750
2 BR$1,630 – $2,020$1,630 – $1,810
3 BR$2,220 – $2,750$1,890 – $2,330
4 BR$2,520 – $3,130$2,300 – $2,650
5 BR$3,047
6 BR$3,505
7 BR$4,030
8 BR$4,635

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio· 2 ZIPs
0.72ratio range
Median FMR$1,270
Median Market$1,770
vs market-$500

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

2
Studio· 1 ZIP
0.74ratio
FMR$1,290
Market$1,750
vs market-$460

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1
Studio· 2 ZIPs
0.87–0.88ratio range
Median FMR$1,465
Median Market$1,675
vs market-$210

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

2
Studio· 1 ZIP
0.95ratio
FMR$1,210
Market$1,270
vs market-$60

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
Studio· 1 ZIP
0.98ratio
FMR$1,270
Market$1,290
vs market-$20

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
0.72–0.98
1 BR
1 BR· 1 ZIP
0.85ratio
FMR$1,510
Market$1,770
vs market-$260

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1
1 BR· 2 ZIPs
0.90ratio range
Median FMR$1,480
Median Market$1,650
vs market-$170

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

2
1 BR· 2 ZIPs
0.99ratio range
Median FMR$1,580
Median Market$1,595
vs market-$15

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

2
1 BR· 1 ZIP
1.04ratio
FMR$1,670
Market$1,600
vs market+$70

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
1 BR· 1 ZIP
1.06ratio
FMR$1,480
Market$1,390
vs market+$90

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
0.85–1.06
2 BR
2 BR· 2 ZIPs
0.80ratio range
Median FMR$1,710
Median Market$2,130
vs market-$420

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

2
2 BR· 1 ZIP
0.93ratio
FMR$1,740
Market$1,880
vs market-$140

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
2 BR· 2 ZIPs
0.94–0.95ratio range
Median FMR$1,670
Median Market$1,765
vs market-$95

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

2
2 BR· 1 ZIP
1.09ratio
FMR$1,930
Market$1,770
vs market+$160

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
2 BR· 1 ZIP
1.12ratio
FMR$2,020
Market$1,810
vs market+$210

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1
0.80–1.12
3 BR
3 BR· 2 ZIPs
0.99ratio range
Median FMR$2,330
Median Market$2,360
vs market-$30

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

2
3 BR· 1 ZIP
1.09ratio
FMR$2,220
Market$2,030
vs market+$190

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
3 BR· 1 ZIP
1.14ratio
FMR$2,330
Market$2,050
vs market+$280

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1
3 BR· 1 ZIP
1.20ratio
FMR$2,370
Market$1,980
vs market+$390

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1
3 BR· 2 ZIPs
1.39–1.40ratio range
Median FMR$2,690
Median Market$1,925
vs market+$765

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

2
0.99–1.40
4 BR
4 BR· 2 ZIPs
0.88ratio range
Median FMR$2,650
Median Market$3,010
vs market-$360

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

2
4 BR· 1 ZIP
1.04ratio
FMR$2,650
Market$2,560
vs market+$90

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
4 BR· 1 ZIP
1.10ratio
FMR$2,520
Market$2,300
vs market+$220

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
4 BR· 1 ZIP
1.14ratio
FMR$2,690
Market$2,350
vs market+$340

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1
4 BR· 2 ZIPs
1.29ratio range
Median FMR$3,060
Median Market$2,375
vs market+$685

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

2
0.88–1.29
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

ZIP Codes

Ranked by Investment Score (vs area median)

About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for PALM BAY, FL (FL) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.