FMR is below market; voucher rent may lag private rents.
0.83
1 BR
1 BR
0.92ratio
FMR$1,363
Market$1,480
vs market-$117
FMR is near market; voucher and private rents are aligned.
0.92
2 BR
2 BR
0.92ratio
FMR$1,673
Market$1,810
vs market-$137
FMR is near market; voucher and private rents are aligned.
0.92
3 BR
3 BR
1.12ratio
FMR$2,204
Market$1,970
vs market+$234
FMR is above market; underwrite to market rent.
1.12
4 BR
4 BR
1.02ratio
FMR$2,403
Market$2,350
vs market+$53
FMR is near market; voucher and private rents are aligned.
1.02
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
--
ZIP 32706 fair market rent, FY 2027
For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 32706 (Cassadaga, FL) is $1,673 a month. That is down 1.6% from $1,700 in FY 2026. Cassadaga is in the Deltona-Daytona Beach-Ormond Beach, FL HUD Metro FMR Area. The median county two-bedroom FMR in Florida is $1,474, so ZIP 32706 is 14% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 32706
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,205
$1,258
+4.4%
$1,132–$1,384
1BR
$1,385
$1,363
−1.6%
$1,227–$1,499
2BR
$1,700
$1,673
−1.6%
$1,506–$1,840
3BR
$2,241
$2,204
−1.7%
$1,984–$2,424
4BR
$2,429
$2,403
−1.1%
$2,163–$2,643
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 32706
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,258
$1,363
$1,673
$2,204
$2,403
FY 2026
$1,205
$1,385
$1,700
$2,241
$2,429
FY 2025
$1,178
$1,404
$1,718
$2,260
$2,424
FY 2024
$958
$1,152
$1,413
$1,865
$1,925
FY 2023
$871
$1,063
$1,302
$1,716
$1,773
Questions about ZIP 32706 rents
How much will Section 8 pay for a two-bedroom in ZIP 32706?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,673, that basic range is $1,506 to $1,840 a month. 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 32706 in?
ZIP 32706 is in the Deltona-Daytona Beach-Ormond Beach, FL HUD Metro FMR Area. Small Area FMRs are not mandatory in this area.
How much did fair market rent change in ZIP 32706 for FY 2027?
The two-bedroom FMR fell 1.6%, from $1,700 in FY 2026 to $1,673 in FY 2027. Since FY 2023 it has risen 28.5%.
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 Fair Market Rents. 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