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FL/Indian River County/Vero Beach

Vero Beach, FL

CitySAFMR
Indian River County
Found 10 ZIPs
Zillow

City Median Investment Score

79Below average

095130300
BRFMR
Eff. Rent
0 BR$1,100 – $1,750$1,210 – $1,930
1 BR$1,100 – $1,770$1,210 – $1,950
2 BR$1,450 – $2,310$1,600 – $2,540
3 BR$1,770 – $2,820$1,950 – $3,100
4 BR$2,430 – $3,860$2,510 – $4,250
5 BR$2,955Not available
6 BR$3,399Not available
7 BR$3,909Not available
8 BR$4,495Not available

Public Housing Authority

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Rolodex

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Market Alignment

Studio
3
3
0.65-0.95
1 BR
3
0.64-0.92
2 BR
3
0.67-1.04
3 BR
3
0.50-1.13
4 BR
3
0.61-1.19
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
--
Mortgage rate
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Vero Beach, FL fair market rent, FY 2027

For FY 2027, HUD's two-bedroom Small Area Fair Market Rent across the 10 ZIP codes in Vero Beach, FL ranges from $1,450 to $2,310 a month, with a median of $1,540. That is down 3.8% from $1,600 in FY 2026. Vero Beach is in the Sebastian-Vero Beach-West Vero Corridor, FL MSA. 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 $1,542. The median county two-bedroom FMR in Florida is $1,474, so Vero Beach is 4% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Vero Beach, FL
BedroomsFY 2027Change90–110% range
Studio$1,170−3.3%$1,053–$1,287
1BR$1,180−3.3%$1,062–$1,298
2BR$1,540−3.7%$1,386–$1,694
3BR$1,880−3.6%$1,692–$2,068
4BR$2,570−4.1%$2,313–$2,827

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Vero Beach, FL
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,170$1,180$1,540$1,880$2,570
FY 2026$1,210$1,220$1,600$1,950$2,680
FY 2025$1,240$1,250$1,570$1,950$2,610
FY 2024$990$1,190$1,460$1,840$2,480
FY 2023$840$1,050$1,260$1,620$2,100

Two-bedroom rent by ZIP code

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. median
32963$2,310+50.0%
32968$2,080+35.1%
32966$1,680+9.1%
32967$1,610+4.5%
32961$1,5400.0%
32964$1,5400.0%
32965$1,5400.0%
32969$1,5400.0%
32962$1,470−4.5%
32960$1,450−5.8%

Questions about Vero Beach, FL rents

How much will Section 8 pay for a two-bedroom in Vero Beach, FL?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,542, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,388 to $1,696 a month; under the ZIP-level Small Area FMR of $1,540 it would be $1,386 to $1,694. 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 Vero Beach, FL in?

Vero Beach, FL is in the Sebastian-Vero Beach-West Vero Corridor, FL MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,542.

How much did fair market rent change in Vero Beach, FL for FY 2027?

The two-bedroom FMR fell 3.8%, from $1,600 in FY 2026 to $1,540 in FY 2027. Since FY 2023 it has risen 22.2%.

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

County fair market rentFL statewide rentsWhat is SAFMR?Data sources