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32327

ZIPSAFMR
Wakulla County, FL

ZIP Investment Score

93Below average

095130300
BRFMR
Eff. Rent
0 BR$1,050$1,160
1 BR$1,120$1,200
2 BR$1,260$1,360
3 BR$1,510$1,650
4 BR$1,660$1,830
5 BR$1,909Not available
6 BR$2,195Not available
7 BR$2,525Not available
8 BR$2,903Not available

Purchase Price Calculator

Maximum purchase price
$140,179

Cost breakdown

+Likely effective rent$1,360
HUD FMR$1,260
Market rent$1,420
Est. payment standard (108%)Used$1,360
-Principal and interest-$709
Loan amount$112,143
Down payment$28,036
Rate6.50%
Term30 years
-Operating costs-$451
Property taxes-$140
Insurance-$175
Utilities$0
HOA$0
Management-$136
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$21,996(78.5% ROI)
Projected value
$150,957
Return breakdown
Property appreciation+$10,778
Loan principal paid down+$4,018
Rental cash flow+$7,200
5-year hold
+$37,586(134.1% ROI)
Projected value
$158,600
Return breakdown
Property appreciation+$18,421
Loan principal paid down+$7,165
Rental cash flow+$12,000
10-year hold
+$80,334(286.5% ROI)
Projected value
$179,441
Return breakdown
Property appreciation+$39,262
Loan principal paid down+$17,073
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.85
1 BR
0.90
2 BR
0.89
3 BR
0.88
4 BR
0.77
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 32327 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 32327 (Crawfordville, FL) is $1,260 a month. That is up 5.9% from $1,190 in FY 2026. Crawfordville is in the Wakulla County, 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 $1,283. Among 5 ZIP codes in Wakulla County, 32327 is tied for the 3rd-highest two-bedroom rent (county range $1,110–$1,360). The median county two-bedroom FMR in Florida is $1,474, so ZIP 32327 is 15% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 32327
BedroomsFY 2027Change90–110% range
Studio$1,050+9.4%$945–$1,155
1BR$1,120+4.7%$1,008–$1,232
2BR$1,260+5.9%$1,134–$1,386
3BR$1,510−0.7%$1,359–$1,661
4BR$1,660+0.6%$1,494–$1,826

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 32327
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,050$1,120$1,260$1,510$1,660
FY 2026$960$1,070$1,190$1,520$1,650
FY 2025$960$1,070$1,210$1,540$1,720
FY 2024$930$1,040$1,170$1,490$1,680
FY 2023$830$930$1,070$1,330$1,590

Two-bedroom rent in nearby Wakulla County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 32327
32326$1,280+1.6%
32327Current$1,260—
32346$1,360+7.9%
32355$1,2600.0%
32358$1,110−11.9%

Questions about ZIP 32327 rents

How much will Section 8 pay for a two-bedroom in ZIP 32327?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,283, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,155 to $1,411 a month; under the ZIP-level Small Area FMR of $1,260 it would be $1,134 to $1,386. 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 32327 in?

ZIP 32327 is in the Wakulla County, FL HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,283.

How much did fair market rent change in ZIP 32327 for FY 2027?

The two-bedroom FMR rose 5.9%, from $1,190 in FY 2026 to $1,260 in FY 2027. Since FY 2023 it has risen 17.8%.

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