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 | $1,810 |
| 1 Bedroom | $1,840 |
| 2 Bedrooms | $2,190 |
| 3 Bedrooms | $2,680 |
| 4 Bedrooms | $3,350 |
| 5 Bedrooms | $3,886 |
| 6 Bedrooms | $4,352 |
| 7 Bedrooms | $4,700 |
| 8 Bedrooms | $4,935 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $1,840 | $193,241 | 0.95% | C |
| 2BR | $2,190 | $321,073 | 0.68% | D |
| 3BR | $2,680 | $706,366 | 0.38% | F |
| 4BR | $3,350 | $1,380,527 | 0.24% | F |
| 5BR | $3,886 | $2,032,651 | 0.19% | F |
U.S. Census Bureau data (2024)
In Ponte Vedra Beach, FL (ZIP 32082), the real estate landscape is signaling a strong hold on pricing power for the upcoming 12-24 months. The median home value stands at $827,447, indicating a high-end market that is resistant to significant price fluctuations. Only 0.2% of listings have been reduced, which suggests that sellers are maintaining their asking prices, a sign of confidence in the market's ability to support current valuations. This is further reinforced by the 59-day median days on market (DOM), which is relatively low, pointing to an efficient market where homes are selling quickly once listed.
The combination of high median home values, minimal listing reductions, and quick sales cycles implies that landlords and small-portfolio investors can expect to maintain or even slightly increase rental rates without losing tenants. The Fair Market Rent (FMR) for the zip code in fiscal year 2024 is set at $2,120, while the Zillow Observed Rent Index (ZORI) currently stands at $2,483. This gap between the government benchmark and the actual market rate indicates that there is room for rents to remain stable or rise slightly, given the robustness of the local economy and the high cost of homeownership.
For long-term investors looking beyond the immediate horizon, the data points to a market that will likely see modest appreciation rather than explosive growth. The stable pricing environment and quick turnover suggest a balanced market, where appreciation is expected to be gradual and in line with inflationary pressures and economic growth. Long-term investors should focus on capitalizing on the steady rental income and the potential for moderate property value increases, rather than expecting rapid gains.
Investors should also be mindful of the local economic conditions, which influence both housing and rental markets. A consistent job market and a growing population can sustain current trends, ensuring that the demand for rental properties remains solid. However, any significant shifts in the broader economic climate could impact these projections, necessitating close monitoring of national and regional economic indicators.
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.