FMR is near market; voucher and private rents are aligned.
0.92
1 BR
1 BR- 32937
0.96ratio
FMR$1,820
Market$1,890
vs market-$70
FMR is near market; voucher and private rents are aligned.
0.96
2 BR
2 BR- 32937
0.79ratio
FMR$2,120
Market$2,700
vs market-$580
FMR is below market; voucher rent may lag private rents.
0.79
3 BR
3 BR- 32937
0.90ratio
FMR$2,840
Market$3,160
vs market-$320
FMR is below market; voucher rent may lag private rents.
0.90
4 BR
4 BR- 32937
0.82ratio
FMR$3,230
Market$3,960
vs market-$730
FMR is below market; voucher rent may lag private rents.
0.82
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
--
Satellite Beach, FL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Satellite Beach, FL is $2,120 a month. That is up 2.4% from $2,070 in FY 2026. Satellite Beach 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 Satellite Beach is 44% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Satellite Beach, FL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,530
$1,580
+3.3%
$1,422–$1,738
1BR
$1,790
$1,820
+1.7%
$1,638–$2,002
2BR
$2,070
$2,120
+2.4%
$1,908–$2,332
3BR
$2,820
$2,840
+0.7%
$2,556–$3,124
4BR
$3,200
$3,230
+0.9%
$2,907–$3,553
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Satellite Beach, FL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,580
$1,820
$2,120
$2,840
$3,230
FY 2026
$1,530
$1,790
$2,070
$2,820
$3,200
FY 2025
$1,460
$1,700
$1,980
$2,690
$3,080
FY 2024
$1,250
$1,460
$1,730
$2,340
$2,730
FY 2023
$1,150
$1,360
$1,640
$2,190
$2,600
Questions about Satellite Beach, FL rents
How much will Section 8 pay for a two-bedroom in Satellite Beach, FL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,120, that basic range is $1,908 to $2,332 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 Satellite Beach, FL in?
Satellite Beach, 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 Satellite Beach, FL for FY 2027?
The two-bedroom FMR rose 2.4%, from $2,070 in FY 2026 to $2,120 in FY 2027. Since FY 2023 it has risen 29.3%.
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