32097
ZIPSAFMR
Nassau County, FL
BRFMR
Eff. Rent
0 BR$1,630$1,790
1 BR$1,670$1,680
2 BR$2,000$2,080
3 BR$2,460$2,180
4 BR$3,090$2,300
5 BR$3,553
6 BR$4,087
7 BR$4,700
8 BR$5,404

Purchase Price Calculator

Maximum purchase price
$247,171

Cost breakdown

+Likely effective rent$2,080
HUD FMR$2,000
Market rent$2,120
Est. payment standard (104%)Used$2,080
Estimated payment standard is $2,080 (104% of FMR).
-Principal and interest-$1,250
Loan amount$197,737
Down payment$49,434
Rate6.50%
Term30 years
-Operating costs-$630
Property taxes-$247
Insurance-$175
Utilities$0
HOA$0
Management-$208
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$33,290(67.3% ROI)
Projected value
$266,176
Current value$247,171
Return breakdown
Property appreciation+$19,005
Loan principal paid down+$7,084
Rental cash flow+$7,200
5-year hold
+$57,114(115.5% ROI)
Projected value
$279,651
Current value$247,171
Return breakdown
Property appreciation+$32,480
Loan principal paid down+$12,633
Rental cash flow+$12,000
10-year hold
+$123,332(249.5% ROI)
Projected value
$316,399
Current value$247,171
Return breakdown
Property appreciation+$69,229
Loan principal paid down+$30,103
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
0.84ratio
FMR$1,630
Market$1,950
vs market-$320

FMR is below market; voucher rent may lag private rents.

90% standard$1,467 / 0.75 ratio110% standard$1,793 / 0.92 ratio
0.84
1 BR
1 BR
0.99ratio
FMR$1,670
Market$1,690
vs market-$20

FMR is near market; voucher and private rents are aligned.

90% standard$1,503 / 0.89 ratio110% standard$1,837 / 1.09 ratio
0.99
2 BR
2 BR
0.94ratio
FMR$2,000
Market$2,120
vs market-$120

FMR is near market; voucher and private rents are aligned.

90% standard$1,800 / 0.85 ratio110% standard$2,200 / 1.04 ratio
0.94
3 BR
3 BR
1.13ratio
FMR$2,460
Market$2,180
vs market+$280

FMR is above market; underwrite to market rent.

90% standard$2,214 / 1.02 ratio110% standard$2,706 / 1.24 ratio
1.13
4 BR
4 BR
1.34ratio
FMR$3,090
Market$2,300
vs market+$790

FMR is above market; underwrite to market rent.

90% standard$2,781 / 1.21 ratio110% standard$3,399 / 1.48 ratio
1.34
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 32097 (FL) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

32097 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 32097 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,000 and the 4 bedroom fair market rent is $3,090.

Use this page for searches like 32097 FMR, 32097 fair market rent, and 32097 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 32097
Bedroom sizeHUD FMR
Studio$1,630
1 bedroom$1,670
2 bedroom$2,000
3 bedroom$2,460
4 bedroom$3,090