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Duval County/Jacksonville/32256

32256

ZIPSAFMR
Duval County, FL
Zillow

ZIP Investment Score

86Below average

095130300
BRFMR
Eff. Rent
0 BR$1,700$1,090
1 BR$1,720$1,330
2 BR$2,050$1,800
3 BR$2,510$2,000
4 BR$3,140$2,450
5 BR$3,611Not available
6 BR$4,153Not available
7 BR$4,776Not available
8 BR$5,492Not available

Purchase Price Calculator

Maximum purchase price
$205,563

Cost breakdown

+Likely effective rent$1,800
HUD FMR$2,050
Market rentUsed$1,800
Est. payment standard (92%)$1,890
-Principal and interest-$1,039
Loan amount$164,450
Down payment$41,113
Rate6.50%
Term30 years
-Operating costs-$561
Property taxes-$206
Insurance-$175
Utilities$0
HOA$0
Management-$180
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$28,898(70.3% ROI)
Projected value
$221,369
Return breakdown
Property appreciation+$15,806
Loan principal paid down+$5,892
Rental cash flow+$7,200
5-year hold
+$49,519(120.4% ROI)
Projected value
$232,575
Return breakdown
Property appreciation+$27,013
Loan principal paid down+$10,507
Rental cash flow+$12,000
10-year hold
+$106,611(259.3% ROI)
Projected value
$263,138
Return breakdown
Property appreciation+$57,575
Loan principal paid down+$25,036
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.56
1 BR
1.29
2 BR
1.14
3 BR
1.25
4 BR
1.28
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 32256 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 32256 (Jacksonville, FL) is $2,050 a month. That is up 2.5% from $2,000 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, 32256 has the 11th-highest two-bedroom rent (county range $1,150–$2,540). The median county two-bedroom FMR in Florida is $1,474, so ZIP 32256 is 39% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 32256
BedroomsFY 2027Change90–110% range
Studio$1,700+4.3%$1,530–$1,870
1BR$1,720+3.0%$1,548–$1,892
2BR$2,050+2.5%$1,845–$2,255
3BR$2,510+2.0%$2,259–$2,761
4BR$3,140+1.6%$2,826–$3,454

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 32256
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,700$1,720$2,050$2,510$3,140
FY 2026$1,630$1,670$2,000$2,460$3,090
FY 2025$1,620$1,710$2,030$2,540$3,210
FY 2024$1,460$1,600$1,890$2,390$3,040
FY 2023$1,160$1,340$1,580$2,030$2,570

Two-bedroom rent in nearby Duval County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 32256
32244$1,740−15.1%
32245$1,660−19.0%
32246$2,090+2.0%
32247$1,660−19.0%
32250$2,140+4.4%
32254$1,340−34.6%
32255$1,660−19.0%
32256Current$2,050—
32257$1,650−19.5%
32258$2,210+7.8%
32259$2,540+23.9%
32266$1,850−9.8%

Questions about ZIP 32256 rents

How much will Section 8 pay for a two-bedroom in ZIP 32256?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,050, that basic range is $1,845 to $2,255 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 32256 in?

ZIP 32256 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 32256 for FY 2027?

The two-bedroom FMR rose 2.5%, from $2,000 in FY 2026 to $2,050 in FY 2027. Since FY 2023 it has risen 29.7%.

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