FMR is below market; voucher rent may lag private rents.
0.77
1 BR
1 BR- 32970
0.76ratio
FMR$1,250
Market$1,640
vs market-$390
FMR is below market; voucher rent may lag private rents.
0.76
2 BR
2 BR- 32970
0.78ratio
FMR$1,630
Market$2,100
vs market-$470
FMR is below market; voucher rent may lag private rents.
0.78
3 BR
3 BR- 32970
0.77ratio
FMR$1,990
Market$2,590
vs market-$600
FMR is below market; voucher rent may lag private rents.
0.77
4 BR
4 BR- 32970
0.95ratio
FMR$2,730
Market$2,870
vs market-$140
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
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Wabasso, FL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Wabasso, FL is $1,630 a month. That is down 4.7% from $1,710 in FY 2026. Wabasso 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 Wabasso is 11% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Wabasso, FL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,290
$1,240
−3.9%
$1,116–$1,364
1BR
$1,300
$1,250
−3.8%
$1,125–$1,375
2BR
$1,710
$1,630
−4.7%
$1,467–$1,793
3BR
$2,080
$1,990
−4.3%
$1,791–$2,189
4BR
$2,860
$2,730
−4.5%
$2,457–$3,003
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Wabasso, FL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,240
$1,250
$1,630
$1,990
$2,730
FY 2026
$1,290
$1,300
$1,710
$2,080
$2,860
FY 2025
$1,310
$1,320
$1,650
$2,060
$2,750
FY 2024
$1,020
$1,230
$1,500
$1,900
$2,550
FY 2023
$870
$1,080
$1,300
$1,670
$2,160
Questions about Wabasso, FL rents
How much will Section 8 pay for a two-bedroom in Wabasso, 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 $1,630 it would be $1,467 to $1,793. 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 Wabasso, FL in?
Wabasso, 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 Wabasso, FL for FY 2027?
The two-bedroom FMR fell 4.7%, from $1,710 in FY 2026 to $1,630 in FY 2027. Since FY 2023 it has risen 25.4%.
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