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Escambia County/Pensacola/32503

32503

ZIPSAFMR
Escambia County, FL
Zillow

ZIP Investment Score

90Below average

095130300
BRFMR
Eff. Rent
0 BR$1,120$1,130
1 BR$1,320$1,210
2 BR$1,500$1,470
3 BR$1,970$1,820
4 BR$2,360$2,460
5 BR$2,714Not available
6 BR$3,121Not available
7 BR$3,589Not available
8 BR$4,128Not available

Purchase Price Calculator

Maximum purchase price
$156,525

Cost breakdown

+Likely effective rent$1,470
HUD FMR$1,500
Market rentUsed$1,470
Est. payment standard (99%)$1,480
-Principal and interest-$791
Loan amount$125,220
Down payment$31,305
Rate6.50%
Term30 years
-Operating costs-$479
Property taxes-$157
Insurance-$175
Utilities$0
HOA$0
Management-$147
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$23,722(75.8% ROI)
Projected value
$168,560
Return breakdown
Property appreciation+$12,035
Loan principal paid down+$4,486
Rental cash flow+$7,200
5-year hold
+$40,569(129.6% ROI)
Projected value
$177,094
Return breakdown
Property appreciation+$20,569
Loan principal paid down+$8,000
Rental cash flow+$12,000
10-year hold
+$86,904(277.6% ROI)
Projected value
$200,365
Return breakdown
Property appreciation+$43,840
Loan principal paid down+$19,063
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.99
1 BR
1.09
2 BR
1.02
3 BR
1.08
4 BR
0.94
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 32503 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 32503 (Pensacola, FL) is $1,500 a month. That is down 2.0% from $1,530 in FY 2026. Pensacola is in the Pensacola-Ferry Pass-Brent, FL MSA. 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 $1,548. Among 26 ZIP codes in Escambia County, 32503 has the 20th-highest two-bedroom rent (county range $1,330–$2,120). The median county two-bedroom FMR in Florida is $1,474, so ZIP 32503 is 2% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 32503
BedroomsFY 2027Change90–110% range
Studio$1,120−3.4%$1,008–$1,232
1BR$1,320+0.8%$1,188–$1,452
2BR$1,500−2.0%$1,350–$1,650
3BR$1,970−3.0%$1,773–$2,167
4BR$2,360−4.5%$2,124–$2,596

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 32503
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,120$1,320$1,500$1,970$2,360
FY 2026$1,160$1,310$1,530$2,030$2,470
FY 2025$1,180$1,310$1,550$2,070$2,550
FY 2024$1,010$1,060$1,230$1,680$2,090
FY 2023$950$980$1,140$1,580$1,940

Two-bedroom rent in nearby Escambia County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 32503
32501$1,330−11.3%
32502$1,580+5.3%
32503Current$1,500—
32504$1,530+2.0%
32505$1,330−11.3%
32506$1,580+5.3%
32507$1,530+2.0%
32508$2,120+41.3%
32509$1,580+5.3%
32511$1,560+4.0%
32512$1,510+0.7%
32513$1,510+0.7%

Questions about ZIP 32503 rents

How much will Section 8 pay for a two-bedroom in ZIP 32503?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,548, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,393 to $1,703 a month; under the ZIP-level Small Area FMR of $1,500 it would be $1,350 to $1,650. 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 32503 in?

ZIP 32503 is in the Pensacola-Ferry Pass-Brent, FL MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,548.

How much did fair market rent change in ZIP 32503 for FY 2027?

The two-bedroom FMR fell 2.0%, from $1,530 in FY 2026 to $1,500 in FY 2027. Since FY 2023 it has risen 31.6%.

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