FMR is near market; voucher and private rents are aligned.
0.93
2 BR
2 BR
0.96ratio
FMR$1,480
Market$1,540
vs market-$60
FMR is near market; voucher and private rents are aligned.
0.96
3 BR
3 BR
0.91ratio
FMR$1,820
Market$2,000
vs market-$180
FMR is near market; voucher and private rents are aligned.
0.91
4 BR
4 BR
0.67ratio
FMR$1,950
Market$2,890
vs market-$940
FMR is below market; voucher rent may lag private rents.
0.67
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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ZIP 32611 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 32611 (Gainesville, FL) is $1,480 a month. That is down 1.3% from $1,500 in FY 2026. Gainesville is in the Gainesville, FL HUD Metro FMR Area. 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 $1,471. Among 32 ZIP codes in Alachua County, 32611 is tied for the 8th-highest two-bedroom rent (county range $990–$1,870).
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 32611
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,160
$1,200
+3.4%
$1,080–$1,320
1BR
$1,250
$1,250
0.0%
$1,125–$1,375
2BR
$1,500
$1,480
−1.3%
$1,332–$1,628
3BR
$1,880
$1,820
−3.2%
$1,638–$2,002
4BR
$1,990
$1,950
−2.0%
$1,755–$2,145
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 32611
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,200
$1,250
$1,480
$1,820
$1,950
FY 2026
$1,160
$1,250
$1,500
$1,880
$1,990
FY 2025
$1,190
$1,320
$1,600
$2,040
$2,120
FY 2024
$1,060
$1,170
$1,410
$1,850
$1,880
FY 2023
$860
$950
$1,140
$1,510
$1,530
Two-bedroom rent in nearby Alachua County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 32611?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,471, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,324 to $1,618 a month; under the ZIP-level Small Area FMR of $1,480 it would be $1,332 to $1,628. 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 32611 in?
ZIP 32611 is in the Gainesville, FL HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,471.
How much did fair market rent change in ZIP 32611 for FY 2027?
The two-bedroom FMR fell 1.3%, from $1,500 in FY 2026 to $1,480 in FY 2027. Since FY 2023 it has risen 29.8%.
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