32548
ZIPSAFMR
Okaloosa County, FL
BRFMR
Eff. Rent
0 BR$1,360$1,220
1 BR$1,580$1,300
2 BR$1,780$1,590
3 BR$2,440$2,000
4 BR$2,970$2,540
5 BR$3,415
6 BR$3,928
7 BR$4,517
8 BR$5,195

Market Alignment

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

Studio
Studio
1.11ratio
FMR$1,360
Market$1,220
vs market+$140

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

1.11
1 BR
1 BR
1.22ratio
FMR$1,580
Market$1,300
vs market+$280

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

1.22
2 BR
2 BR
1.12ratio
FMR$1,780
Market$1,590
vs market+$190

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

1.12
3 BR
3 BR
1.22ratio
FMR$2,440
Market$2,000
vs market+$440

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

1.22
4 BR
4 BR
1.17ratio
FMR$2,970
Market$2,540
vs market+$430

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

1.17
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
$202,591
Rent
$1,780
Down payment
$40,518
Loan
$162,073
Mortgage
$1,024
Expenses
$556
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 32548 (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.