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Duval County/Jacksonville/32254

32254

ZIPSAFMR
Duval County, FL
Zillow

ZIP Investment Score

103Above average

095130300
BRFMR
Eff. Rent
0 BR$1,110$870
1 BR$1,120$980
2 BR$1,340$1,150
3 BR$1,640$1,550
4 BR$2,050$1,800
5 BR$2,358Not available
6 BR$2,711Not available
7 BR$3,118Not available
8 BR$3,585Not available

Purchase Price Calculator

Maximum purchase price
$108,973

Cost breakdown

+Likely effective rent$1,150
HUD FMR$1,340
Market rentUsed$1,150
Est. payment standard (91%)$1,220
-Principal and interest-$551
Loan amount$87,178
Down payment$21,795
Rate6.50%
Term30 years
-Operating costs-$399
Property taxes-$109
Insurance-$175
Utilities$0
HOA$0
Management-$115
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$18,702(85.8% ROI)
Projected value
$117,352
Return breakdown
Property appreciation+$8,379
Loan principal paid down+$3,123
Rental cash flow+$7,200
5-year hold
+$31,890(146.3% ROI)
Projected value
$123,293
Return breakdown
Property appreciation+$14,320
Loan principal paid down+$5,570
Rental cash flow+$12,000
10-year hold
+$67,794(311.1% ROI)
Projected value
$139,495
Return breakdown
Property appreciation+$30,522
Loan principal paid down+$13,272
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.28
1 BR
1.14
2 BR
1.17
3 BR
1.06
4 BR
1.14
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 32254 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 32254 (Jacksonville, FL) is $1,340 a month. That is up 3.1% from $1,300 in FY 2026. Jacksonville is in the Jacksonville, FL HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 49 ZIP codes in Duval County, 32254 has the 46th-highest two-bedroom rent (county range $1,150–$2,540). The median county two-bedroom FMR in Florida is $1,474, so ZIP 32254 is 9% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 32254
BedroomsFY 2027Change90–110% range
Studio$1,110+4.7%$999–$1,221
1BR$1,120+3.7%$1,008–$1,232
2BR$1,340+3.1%$1,206–$1,474
3BR$1,640+2.5%$1,476–$1,804
4BR$2,050+2.0%$1,845–$2,255

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 32254
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,110$1,120$1,340$1,640$2,050
FY 2026$1,060$1,080$1,300$1,600$2,010
FY 2025$1,090$1,150$1,370$1,710$2,170
FY 2024$1,000$1,090$1,290$1,630$2,070
FY 2023$780$910$1,070$1,380$1,740

Two-bedroom rent in nearby Duval County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 32254
32244$1,740+29.9%
32245$1,660+23.9%
32246$2,090+56.0%
32247$1,660+23.9%
32250$2,140+59.7%
32254Current$1,340—
32255$1,660+23.9%
32256$2,050+53.0%
32257$1,650+23.1%
32258$2,210+64.9%
32259$2,540+89.6%
32266$1,850+38.1%

Questions about ZIP 32254 rents

How much will Section 8 pay for a two-bedroom in ZIP 32254?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,340, that basic range is $1,206 to $1,474 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 ZIP 32254 in?

ZIP 32254 is in the Jacksonville, FL HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in ZIP 32254 for FY 2027?

The two-bedroom FMR rose 3.1%, from $1,300 in FY 2026 to $1,340 in FY 2027. Since FY 2023 it has risen 25.2%.

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 rentJacksonville, FL fair market rentFL statewide rentsWhat is SAFMR?Data sources