For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 32856 (Orlando, FL) is $1,990 a month. That is down 0.5% from $2,000 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, 32856 is tied for the 31st-highest two-bedroom rent (county range $1,370–$2,690). The median county two-bedroom FMR in Florida is $1,474, so ZIP 32856 is 35% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 32856
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,670
$1,680
+0.6%
$1,512–$1,848
1BR
$1,760
$1,750
−0.6%
$1,575–$1,925
2BR
$2,000
$1,990
−0.5%
$1,791–$2,189
3BR
$2,510
$2,480
−1.2%
$2,232–$2,728
4BR
$2,970
$2,900
−2.4%
$2,610–$3,190
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 32856
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,680
$1,750
$1,990
$2,480
$2,900
FY 2026
$1,670
$1,760
$2,000
$2,510
$2,970
FY 2025
$1,650
$1,750
$1,980
$2,510
$2,990
FY 2024
$1,570
$1,650
$1,870
$2,380
$2,870
FY 2023
$1,340
$1,430
$1,620
$2,070
$2,510
Questions about ZIP 32856 rents
How much will Section 8 pay for a two-bedroom in ZIP 32856?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,990, that basic range is $1,791 to $2,189 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 32856 in?
ZIP 32856 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 32856 for FY 2027?
The two-bedroom FMR fell 0.5%, from $2,000 in FY 2026 to $1,990 in FY 2027. Since FY 2023 it has risen 22.8%.
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