FMR is near market; voucher and private rents are aligned.
0.92
1 BR
1 BR- 32925
1.00ratio
FMR$2,070
Market$2,060
vs market+$10
FMR is near market; voucher and private rents are aligned.
1.00
2 BR
2 BR- 32925
0.86ratio
FMR$2,420
Market$2,820
vs market-$400
FMR is below market; voucher rent may lag private rents.
0.86
3 BR
3 BR- 32925
1.03ratio
FMR$3,240
Market$3,140
vs market+$100
FMR is near market; voucher and private rents are aligned.
1.03
4 BR
4 BR- 32925
0.95ratio
FMR$3,680
Market$3,890
vs market-$210
FMR is near market; voucher and private rents are aligned.
0.95
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
--
Patrick Air Force Base, FL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Patrick Air Force Base, FL is $2,420 a month. That is up 3.0% from $2,350 in FY 2026. Patrick Air Force Base is in the Palm Bay-Melbourne-Titusville, FL MSA, 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 Patrick Air Force Base is 64% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Patrick Air Force Base, FL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,740
$1,800
+3.4%
$1,620–$1,980
1BR
$2,030
$2,070
+2.0%
$1,863–$2,277
2BR
$2,350
$2,420
+3.0%
$2,178–$2,662
3BR
$3,200
$3,240
+1.3%
$2,916–$3,564
4BR
$3,640
$3,680
+1.1%
$3,312–$4,048
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Patrick Air Force Base, FL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,800
$2,070
$2,420
$3,240
$3,680
FY 2026
$1,740
$2,030
$2,350
$3,200
$3,640
FY 2025
$1,710
$2,010
$2,330
$3,170
$3,630
FY 2024
$1,490
$1,740
$2,060
$2,780
$3,250
FY 2023
$1,360
$1,610
$1,940
$2,590
$3,080
Questions about Patrick Air Force Base, FL rents
How much will Section 8 pay for a two-bedroom in Patrick Air Force Base, FL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,420, that basic range is $2,178 to $2,662 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 Patrick Air Force Base, FL in?
Patrick Air Force Base, FL is in the Palm Bay-Melbourne-Titusville, FL MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Patrick Air Force Base, FL for FY 2027?
The two-bedroom FMR rose 3.0%, from $2,350 in FY 2026 to $2,420 in FY 2027. Since FY 2023 it has risen 24.7%.
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