32656
ZIPSAFMR
Putnam County, FL
BRFMR
Eff. Rent
0 BR$1,010$1,110
1 BR$1,030$1,130
2 BR$1,230$1,350
3 BR$1,520$1,570
4 BR$1,920$1,770
5 BR$2,208
6 BR$2,539
7 BR$2,920
8 BR$3,358

Purchase Price Calculator

Maximum purchase price
$138,693

Cost breakdown

+Likely effective rent$1,350
HUD FMR$1,230
Market rent$1,480
Est. payment standard (110%)Used$1,350
Estimated payment standard is $1,350 (110% of FMR).
-Principal and interest-$701
Loan amount$110,954
Down payment$27,739
Rate6.50%
Term30 years
-Operating costs-$449
Property taxes-$139
Insurance-$175
Utilities$0
HOA$0
Management-$135
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$21,839(78.7% ROI)
Projected value
$149,357
Current value$138,693
Return breakdown
Property appreciation+$10,664
Loan principal paid down+$3,975
Rental cash flow+$7,200
5-year hold
+$37,314(134.5% ROI)
Projected value
$156,918
Current value$138,693
Return breakdown
Property appreciation+$18,225
Loan principal paid down+$7,089
Rental cash flow+$12,000
10-year hold
+$79,737(287.5% ROI)
Projected value
$177,539
Current value$138,693
Return breakdown
Property appreciation+$38,846
Loan principal paid down+$16,892
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
0.69ratio
FMR$1,010
Market$1,460
vs market-$450

FMR is below market; voucher rent may lag private rents.

90% standard$909 / 0.62 ratio110% standard$1,111 / 0.76 ratio
0.69
1 BR
1 BR
0.74ratio
FMR$1,030
Market$1,390
vs market-$360

FMR is below market; voucher rent may lag private rents.

90% standard$927 / 0.67 ratio110% standard$1,133 / 0.82 ratio
0.74
2 BR
2 BR
0.83ratio
FMR$1,230
Market$1,480
vs market-$250

FMR is below market; voucher rent may lag private rents.

90% standard$1,107 / 0.75 ratio110% standard$1,353 / 0.91 ratio
0.83
3 BR
3 BR
0.96ratio
FMR$1,520
Market$1,590
vs market-$70

FMR is near market; voucher and private rents are aligned.

90% standard$1,368 / 0.86 ratio110% standard$1,672 / 1.05 ratio
0.96
4 BR
4 BR
1.08ratio
FMR$1,920
Market$1,770
vs market+$150

FMR is near market; voucher and private rents are aligned.

90% standard$1,728 / 0.98 ratio110% standard$2,112 / 1.19 ratio
1.08
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 32656 (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.

32656 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 32656 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,230 and the 4 bedroom fair market rent is $1,920.

Use this page for searches like 32656 FMR, 32656 fair market rent, and 32656 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 32656
Bedroom sizeHUD FMR
Studio$1,010
1 bedroom$1,030
2 bedroom$1,230
3 bedroom$1,520
4 bedroom$1,920