Location: Jacksonville, FL | Metro: Jacksonville, FL HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,760 |
| 1 Bedroom | $1,780 |
| 2 Bedrooms | $2,130 |
| 3 Bedrooms | $2,640 |
| 4 Bedrooms | $3,340 |
| 5 Bedrooms | $3,874 |
| 6 Bedrooms | $4,339 |
| 7 Bedrooms | $4,686 |
| 8 Bedrooms | $4,920 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $2,130 | $488,713 | 0.44% | F |
| 3BR | $2,640 | $575,179 | 0.46% | F |
| 4BR | $3,340 | $755,242 | 0.44% | F |
| 5BR | $3,874 | $998,042 | 0.39% | F |
U.S. Census Bureau data (2024)
The dynamics of the Ponte Vedra, FL (ZIP 32081) real estate market reveal a scenario where demand closely mirrors supply, but with subtle indications that suggest an upward trajectory in rental pressures. The Fair Market Rent (FMR) for the area, set at $2,410 for zip FY 2024, is slightly above the market rent, or ZORI, which stands at $2,223. This suggests that while rents are currently stable, there is a potential for growth as the FMR tends to be a benchmark that influences actual market rates.
The low 0.3% price-cut share and 83-day Days on Market (DOM) indicate a balanced market. A low price-cut share means that few properties are being discounted, suggesting that sellers are able to maintain their asking prices, which is a sign of steady demand. An 83-day DOM is also indicative of a healthy market, as it suggests that properties are not staying on the market for too long, nor are they selling too quickly, which could lead to bidding wars and inflated prices.
The median home value in Ponte Vedra is $660,720. While this figure alone does not provide a complete picture of the market's direction, when combined with the other metrics, it supports the notion of a stable but growing market. Home values tend to increase over time in areas where demand is steady or rising, and the current median value reflects the overall health and desirability of the neighborhood.
A 18.3% renter share in the population is noteworthy. This percentage implies that nearly one-fifth of the residents are renters, which can put sustained pressure on the rental market. Over the long term, this dynamic can lead to increased rental rates as demand for rental units remains high. In a broader context, a higher renter share often correlates with a greater need for affordable housing options, potentially influencing local policy and development trends.
In summary, ZIP 32081 presents a market where demand and supply are in balance, but underlying factors such as the FMR exceeding the current market rent and a significant renter share suggest a potential for rising rental pressures in the future. Landlords and small-portfolio investors should monitor these trends closely to adapt their strategies accordingly.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.