Not enough rental comps in this area to determine how FMR aligns with current market rates.
Historical
FY 2023-2027
FMR
FY2027
Property value
--
Tax rate
--
Mortgage rate
--
Paxton, FL fair market rent, FY 2027
For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in Paxton, FL is $1,474 a month. That is up 8.1% from $1,364 in FY 2026. Paxton is in the Walton County, FL HUD Metro FMR Area.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Paxton, FL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,058
$1,123
+6.1%
$1,011–$1,235
1BR
$1,244
$1,354
+8.8%
$1,219–$1,489
2BR
$1,364
$1,474
+8.1%
$1,327–$1,621
3BR
$1,897
$2,041
+7.6%
$1,837–$2,245
4BR
$2,288
$2,464
+7.7%
$2,218–$2,710
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Paxton, FL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,123
$1,354
$1,474
$2,041
$2,464
FY 2026
$1,058
$1,244
$1,364
$1,897
$2,288
FY 2025
$953
$1,093
$1,210
$1,696
$2,032
FY 2024
$944
$1,061
$1,191
$1,598
$1,972
FY 2023
$889
$1,008
$1,138
$1,490
$1,738
Questions about Paxton, FL rents
How much will Section 8 pay for a two-bedroom in Paxton, FL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,474, that basic range is $1,327 to $1,621 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 Paxton, FL in?
Paxton, FL is in the Walton County, FL HUD Metro FMR Area. Small Area FMRs are not mandatory in this area.
How much did fair market rent change in Paxton, FL for FY 2027?
The two-bedroom FMR rose 8.1%, from $1,364 in FY 2026 to $1,474 in FY 2027. Since FY 2023 it has risen 29.5%.
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 Fair Market Rents. 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