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Orange County/Orlando/32812

32812

ZIPSAFMR
Orange County, FL
Zillow

ZIP Investment Score

89Below average

095130300
BRFMR
Eff. Rent
0 BR$1,530$1,250
1 BR$1,590$1,430
2 BR$1,810$1,770
3 BR$2,260$2,390
4 BR$2,640$2,830
5 BR$3,036Not available
6 BR$3,491Not available
7 BR$4,015Not available
8 BR$4,617Not available

Purchase Price Calculator

Maximum purchase price
$201,105

Cost breakdown

+Likely effective rent$1,770
HUD FMR$1,810
Market rentUsed$1,770
Est. payment standard (99%)$1,780
-Principal and interest-$1,017
Loan amount$160,884
Down payment$40,221
Rate6.50%
Term30 years
-Operating costs-$553
Property taxes-$201
Insurance-$175
Utilities$0
HOA$0
Management-$177
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$28,427(70.7% ROI)
Projected value
$216,568
Return breakdown
Property appreciation+$15,463
Loan principal paid down+$5,764
Rental cash flow+$7,200
5-year hold
+$48,706(121.1% ROI)
Projected value
$227,532
Return breakdown
Property appreciation+$26,427
Loan principal paid down+$10,279
Rental cash flow+$12,000
10-year hold
+$104,819(260.6% ROI)
Projected value
$257,431
Return breakdown
Property appreciation+$56,326
Loan principal paid down+$24,493
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.22
1 BR
1.11
2 BR
1.02
3 BR
0.92
4 BR
0.90
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 32812 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 32812 (Orlando, FL) is $1,810 a month. That is down 0.5% from $1,820 in FY 2026. Orlando is in the Orlando-Kissimmee-Sanford, FL MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 78 ZIP codes in Orange County, 32812 has the 67th-highest two-bedroom rent (county range $1,370–$2,690). The median county two-bedroom FMR in Florida is $1,474, so ZIP 32812 is 23% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 32812
BedroomsFY 2027Change90–110% range
Studio$1,530+0.7%$1,377–$1,683
1BR$1,590−0.6%$1,431–$1,749
2BR$1,810−0.5%$1,629–$1,991
3BR$2,260−0.9%$2,034–$2,486
4BR$2,640−2.2%$2,376–$2,904

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 32812
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,530$1,590$1,810$2,260$2,640
FY 2026$1,520$1,600$1,820$2,280$2,700
FY 2025$1,550$1,630$1,850$2,350$2,800
FY 2024$1,530$1,610$1,820$2,320$2,790
FY 2023$1,370$1,450$1,650$2,110$2,560

Two-bedroom rent in nearby Orange County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 32812
32805$1,370−24.3%
32806$1,780−1.7%
32807$1,740−3.9%
32808$1,720−5.0%
32809$1,600−11.6%
32810$1,860+2.8%
32811$1,970+8.8%
32812Current$1,810—
32814$2,660+47.0%
32816$1,860+2.8%
32817$2,030+12.2%
32818$1,750−3.3%

Questions about ZIP 32812 rents

How much will Section 8 pay for a two-bedroom in ZIP 32812?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,810, that basic range is $1,629 to $1,991 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 32812 in?

ZIP 32812 is in the Orlando-Kissimmee-Sanford, 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 32812 for FY 2027?

The two-bedroom FMR fell 0.5%, from $1,820 in FY 2026 to $1,810 in FY 2027. Since FY 2023 it has risen 9.7%.

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