FMR is near market; voucher and private rents are aligned.
1.01
4 BR
4 BR
0.91ratio
FMR$1,910
Market$2,100
vs market-$190
FMR is near market; voucher and private rents are aligned.
0.91
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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ZIP 32313 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 32313 (Tallahassee, FL) is $1,450 a month. That is up 5.1% from $1,380 in FY 2026. Tallahassee is in the Tallahassee, FL HUD Metro FMR Area. 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 $1,424. Among 22 ZIP codes in Leon County, 32313 is tied for the 8th-highest two-bedroom rent (county range $1,220–$1,790). The median county two-bedroom FMR in Florida is $1,474, so ZIP 32313 is 2% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 32313
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,120
$1,210
+8.0%
$1,089–$1,331
1BR
$1,230
$1,290
+4.9%
$1,161–$1,419
2BR
$1,380
$1,450
+5.1%
$1,305–$1,595
3BR
$1,710
$1,770
+3.5%
$1,593–$1,947
4BR
$1,830
$1,910
+4.4%
$1,719–$2,101
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 32313
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,210
$1,290
$1,450
$1,770
$1,910
FY 2026
$1,120
$1,230
$1,380
$1,710
$1,830
FY 2025area FMR
$1,064
$1,181
$1,321
$1,664
$1,832
FY 2024area FMR
$1,062
$1,183
$1,339
$1,708
$1,903
FY 2023area FMR
$902
$1,016
$1,176
$1,519
$1,671
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
How much will Section 8 pay for a two-bedroom in ZIP 32313?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,424, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,282 to $1,566 a month; under the ZIP-level Small Area FMR of $1,450 it would be $1,305 to $1,595. 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 32313 in?
ZIP 32313 is in the Tallahassee, FL HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,424.
How much did fair market rent change in ZIP 32313 for FY 2027?
The two-bedroom FMR rose 5.1%, from $1,380 in FY 2026 to $1,450 in FY 2027.
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