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Duval County/Jacksonville/32257

32257

ZIPSAFMR
Duval County, FL
Zillow

ZIP Investment Score

77Below average

095130300
BRFMR
Eff. Rent
0 BR$1,360$1,370
1 BR$1,380$1,450
2 BR$1,650$1,730
3 BR$2,020$2,010
4 BR$2,530$2,510
5 BR$2,910Not available
6 BR$3,346Not available
7 BR$3,848Not available
8 BR$4,425Not available

Purchase Price Calculator

Maximum purchase price
$195,161

Cost breakdown

+Likely effective rent$1,730
HUD FMR$1,650
Market rent$1,780
Est. payment standard (105%)Used$1,730
-Principal and interest-$987
Loan amount$156,129
Down payment$39,032
Rate6.50%
Term30 years
-Operating costs-$543
Property taxes-$195
Insurance-$175
Utilities$0
HOA$0
Management-$173
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$27,800(71.2% ROI)
Projected value
$210,167
Return breakdown
Property appreciation+$15,006
Loan principal paid down+$5,594
Rental cash flow+$7,200
5-year hold
+$47,621(122.0% ROI)
Projected value
$220,807
Return breakdown
Property appreciation+$25,646
Loan principal paid down+$9,975
Rental cash flow+$12,000
10-year hold
+$102,430(262.4% ROI)
Projected value
$249,822
Return breakdown
Property appreciation+$54,662
Loan principal paid down+$23,769
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.99
1 BR
0.93
2 BR
0.93
3 BR
1.00
4 BR
1.01
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 32257 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 32257 (Jacksonville, FL) is $1,650 a month. That is up 1.9% from $1,620 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, 32257 has the 33rd-highest two-bedroom rent (county range $1,150–$2,540). The median county two-bedroom FMR in Florida is $1,474, so ZIP 32257 is 12% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 32257
BedroomsFY 2027Change90–110% range
Studio$1,360+3.0%$1,224–$1,496
1BR$1,380+2.2%$1,242–$1,518
2BR$1,650+1.9%$1,485–$1,815
3BR$2,020+1.0%$1,818–$2,222
4BR$2,530+1.2%$2,277–$2,783

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 32257
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,360$1,380$1,650$2,020$2,530
FY 2026$1,320$1,350$1,620$2,000$2,500
FY 2025$1,360$1,430$1,700$2,130$2,690
FY 2024$1,330$1,450$1,720$2,170$2,770
FY 2023$1,050$1,210$1,430$1,840$2,330

Two-bedroom rent in nearby Duval County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 32257
32244$1,740+5.5%
32245$1,660+0.6%
32246$2,090+26.7%
32247$1,660+0.6%
32250$2,140+29.7%
32254$1,340−18.8%
32255$1,660+0.6%
32256$2,050+24.2%
32257Current$1,650—
32258$2,210+33.9%
32259$2,540+53.9%
32266$1,850+12.1%

Questions about ZIP 32257 rents

How much will Section 8 pay for a two-bedroom in ZIP 32257?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,650, that basic range is $1,485 to $1,815 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 32257 in?

ZIP 32257 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 32257 for FY 2027?

The two-bedroom FMR rose 1.9%, from $1,620 in FY 2026 to $1,650 in FY 2027. Since FY 2023 it has risen 15.4%.

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

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