32541
ZIPSAFMR
Okaloosa County, FL
BRFMR
Eff. Rent
0 BR$1,820$1,670
1 BR$2,110$1,700
2 BR$2,380$2,110
3 BR$3,260$2,510
4 BR$3,970$3,540
5 BR$4,566
6 BR$5,250
7 BR$6,038
8 BR$6,944

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio
1.09ratio
FMR$1,820
Market$1,670
vs market+$150

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1.09
1 BR
1 BR
1.24ratio
FMR$2,110
Market$1,700
vs market+$410

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.24
2 BR
2 BR
1.13ratio
FMR$2,380
Market$2,110
vs market+$270

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.13
3 BR
3 BR
1.30ratio
FMR$3,260
Market$2,510
vs market+$750

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.30
4 BR
4 BR
1.12ratio
FMR$3,970
Market$3,540
vs market+$430

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.12
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit sizes.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$291,751
Rent
$2,380
Down payment
$58,350
Loan
$233,400
Mortgage
$1,475
Expenses
$705
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 32541 (FL) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.