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Escambia County/Pensacola/32520

32520

ZIPFMR
Escambia County, FL
Zillow
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$1,154$1,270
1 BR$1,359$1,430
2 BR$1,548$1,700
3 BR$2,034$2,210
4 BR$2,435$2,680
5 BR$2,800Not available
6 BR$3,220Not available
7 BR$3,703Not available
8 BR$4,259Not available

Purchase Price Calculator

Maximum purchase price
$190,703

Cost breakdown

+Likely effective rent$1,700
HUD FMR$1,548
Market rent$2,010
Est. payment standard (110%)Used$1,700
-Principal and interest-$964
Loan amount$152,562
Down payment$38,141
Rate6.50%
Term30 years
-Operating costs-$536
Property taxes-$191
Insurance-$175
Utilities$0
HOA$0
Management-$170
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$27,329(71.7% ROI)
Projected value
$205,366
Return breakdown
Property appreciation+$14,663
Loan principal paid down+$5,466
Rental cash flow+$7,200
5-year hold
+$46,807(122.7% ROI)
Projected value
$215,763
Return breakdown
Property appreciation+$25,060
Loan principal paid down+$9,747
Rental cash flow+$12,000
10-year hold
+$100,639(263.9% ROI)
Projected value
$244,116
Return breakdown
Property appreciation+$53,413
Loan principal paid down+$23,226
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.85
1 BR
0.92
2 BR
0.77
3 BR
0.88
4 BR
0.81
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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ZIP 32520 fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 32520 (Pensacola, FL) is $1,548 a month. That is up 5.2% from $1,471 in FY 2026. Pensacola is in the Pensacola-Ferry Pass-Brent, FL MSA. The median county two-bedroom FMR in Florida is $1,474, so ZIP 32520 is 5% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 32520
BedroomsFY 2027Change90–110% range
Studio$1,154+3.8%$1,039–$1,269
1BR$1,359+8.1%$1,223–$1,495
2BR$1,548+5.2%$1,393–$1,703
3BR$2,034+4.2%$1,831–$2,237
4BR$2,435+2.3%$2,192–$2,679

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 32520
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,154$1,359$1,548$2,034$2,435
FY 2026$1,112$1,257$1,471$1,952$2,380
FY 2025$1,219$1,361$1,605$2,147$2,644
FY 2024$1,048$1,098$1,278$1,747$2,167
FY 2023$969$1,006$1,168$1,623$1,990

Questions about ZIP 32520 rents

How much will Section 8 pay for a two-bedroom in ZIP 32520?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,548, that basic range is $1,393 to $1,703 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 32520 in?

ZIP 32520 is in the Pensacola-Ferry Pass-Brent, FL MSA. Small Area FMRs are not mandatory in this area.

How much did fair market rent change in ZIP 32520 for FY 2027?

The two-bedroom FMR rose 5.2%, from $1,471 in FY 2026 to $1,548 in FY 2027. Since FY 2023 it has risen 32.5%.

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 Fair Market Rents. 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