32542
ZIPSAFMR
Okaloosa County, FL
BRFMR
Eff. Rent
0 BR$1,850$1,140
1 BR$2,140$1,230
2 BR$2,420$1,840
3 BR$3,320$2,060
4 BR$4,040$2,850
5 BR$4,646
6 BR$5,343
7 BR$6,144
8 BR$7,066

Market Alignment

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

Studio
Studio
1.62ratio
FMR$1,850
Market$1,140
vs market+$710

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

1.62
1 BR
1 BR
1.74ratio
FMR$2,140
Market$1,230
vs market+$910

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

1.74
2 BR
2 BR
1.32ratio
FMR$2,420
Market$1,840
vs market+$580

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

1.32
3 BR
3 BR
1.61ratio
FMR$3,320
Market$2,060
vs market+$1,260

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

1.61
4 BR
4 BR
1.42ratio
FMR$4,040
Market$2,850
vs market+$1,190

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

1.42
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents across all bedroom 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
$297,695
Rent
$2,420
Down payment
$59,539
Loan
$238,156
Mortgage
$1,505
Expenses
$715
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 32542 (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.