Section 8 Fair Market Rent (FMR) for ZIP 32085 - 2027

Location: Jacksonville, FL | Metro: Jacksonville, FL HUD Metro FMR Area

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,730
1 Bedroom	$1,750
2 Bedrooms	$2,090
3 Bedrooms	$2,560
4 Bedrooms	$3,200
5 Bedrooms	$3,712
6 Bedrooms	$4,157
7 Bedrooms	$4,490
8 Bedrooms	$4,715

The ZIP code 32085, located in Florida, encompasses a mix of urban and suburban areas, offering both residential and commercial opportunities. With a focus on the housing market, particularly for those interested in Section 8 properties, this analysis provides insights into key metrics that can guide investment decisions.

The Fair Market Rent (FMR) for ZIP 32085 is set at $1930 for fiscal year 2024, indicating the average rental cost for a moderate-quality dwelling unit.
The specific market rent data is currently unavailable for ZIP 32085, which suggests a lack of recent studies or reports on local rental trends.
No data is available for the median home value in ZIP 32085, making it challenging to assess the typical property value in the area.
The percentage of renters in the area is also unspecified, leaving the exact composition of the housing market unclear.
The Days on Market (DOM) for properties in ZIP 32085 is not reported, which means we cannot determine how quickly homes are selling or renting in the current market.
The median income figure is not provided for ZIP 32085, thus it's impossible to gauge the financial stability of potential tenants or buyers.

In summary, while the Fair Market Rent for ZIP 32085 stands at $1930, several critical pieces of data such as market rent, median home values, tenant demographics, and property sales speed are missing. This gap in information makes it difficult to fully evaluate the investment potential of the area for landlords and small-portfolio investors. To make informed decisions, further research and data collection would be necessary to understand the local rental market dynamics and the economic profile of residents.

Data Sources: FMR data from HUD (2027).

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.