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Brevard County/Titusville/32796

32796

ZIPSAFMR
Brevard County, FL
Zillow

ZIP Investment Score

103Above average

095130300
BRFMR
Eff. Rent
0 BR$1,160$1,280
1 BR$1,340$1,310
2 BR$1,560$1,500
3 BR$2,090$1,970
4 BR$2,370$2,410
5 BR$2,726Not available
6 BR$3,134Not available
7 BR$3,604Not available
8 BR$4,145Not available

Purchase Price Calculator

Maximum purchase price
$160,983

Cost breakdown

+Likely effective rent$1,500
HUD FMR$1,560
Market rentUsed$1,500
Est. payment standard (98%)$1,520
-Principal and interest-$814
Loan amount$128,786
Down payment$32,197
Rate6.50%
Term30 years
-Operating costs-$486
Property taxes-$161
Insurance-$175
Utilities$0
HOA$0
Management-$150
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$24,192(75.1% ROI)
Projected value
$173,361
Return breakdown
Property appreciation+$12,378
Loan principal paid down+$4,614
Rental cash flow+$7,200
5-year hold
+$41,383(128.5% ROI)
Projected value
$182,137
Return breakdown
Property appreciation+$21,154
Loan principal paid down+$8,228
Rental cash flow+$12,000
10-year hold
+$88,695(275.5% ROI)
Projected value
$206,072
Return breakdown
Property appreciation+$45,089
Loan principal paid down+$19,606
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.87
1 BR
1.02
2 BR
1.04
3 BR
1.06
4 BR
0.98
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 32796 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 32796 (Titusville, FL) is $1,560 a month. That is up 4.0% from $1,500 in FY 2026. Titusville is in the Palm Bay-Melbourne-Titusville, FL MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 45 ZIP codes in Brevard County, 32796 is tied for the 39th-highest two-bedroom rent (county range $1,250–$2,420). The median county two-bedroom FMR in Florida is $1,474, so ZIP 32796 is 6% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 32796
BedroomsFY 2027Change90–110% range
Studio$1,160+4.5%$1,044–$1,276
1BR$1,340+3.1%$1,206–$1,474
2BR$1,560+4.0%$1,404–$1,716
3BR$2,090+2.0%$1,881–$2,299
4BR$2,370+2.2%$2,133–$2,607

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 32796
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,160$1,340$1,560$2,090$2,370
FY 2026$1,110$1,300$1,500$2,050$2,320
FY 2025$1,040$1,220$1,420$1,930$2,210
FY 2024$920$1,080$1,280$1,730$2,020
FY 2023$870$1,040$1,250$1,670$1,980

Two-bedroom rent in nearby Brevard County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 32796
32754$1,430−8.3%
32775$1,780+14.1%
32780$1,450−7.1%
32781$1,780+14.1%
32783$1,780+14.1%
32796Current$1,560—
32899$1,780+14.1%
32901$1,770+13.5%
32902$1,780+14.1%
32903$2,090+34.0%
32904$2,110+35.3%
32905$1,670+7.1%

Questions about ZIP 32796 rents

How much will Section 8 pay for a two-bedroom in ZIP 32796?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,560, that basic range is $1,404 to $1,716 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 32796 in?

ZIP 32796 is in the Palm Bay-Melbourne-Titusville, FL MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in ZIP 32796 for FY 2027?

The two-bedroom FMR rose 4.0%, from $1,500 in FY 2026 to $1,560 in FY 2027. Since FY 2023 it has risen 24.8%.

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

County fair market rentTitusville, FL fair market rentFL statewide rentsWhat is SAFMR?Data sources