Section 8 Fair Market Rent (FMR) for ZIP 32136 - 2027

Location: Palm Coast, FL | Metro: Deltona-Daytona Beach-Ormond Beach, FL HUD Metro FMR Area

Investment Score for ZIP 32136

F
Monthly Rent (2BR)
$1,630
Median Price (2BR)
$307,548
1% Rule
0.53%
Annual Yield
6.36%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$1,160
1 Bedroom$1,290
2 Bedrooms$1,630
3 Bedrooms$2,230
4 Bedrooms$2,520
5 Bedrooms$2,923
6 Bedrooms$3,274
7 Bedrooms$3,536
8 Bedrooms$3,713

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
1BR $1,290 $197,750 0.65% D
2BR $1,630 $307,548 0.53% F
3BR $2,230 $562,581 0.4% F
4BR $2,520 $720,430 0.35% F
5BR $2,923 $1,006,708 0.29% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
8,363
Median Household Income
$78,818
Housing Units
5,509
Renter Percentage
12.3%
Occupancy Rate
74.0%
Renter Occupied
501

Flagler Beach, FL, located in ZIP code 32136, is a coastal community known for its natural beauty and relaxed lifestyle. This area attracts both retirees and young professionals, creating a diverse rental market. The following analysis provides key insights for landlords and small- portfolio investors based on recent data.

The data points highlight a balanced rental market in Flagler Beach. With a higher market rent compared to the FMR, there is room for landlords to charge premium rates. However, the relatively low renter share suggests competition from homeownership. The extended DOM indicates that landlords should focus on property differentiation and marketing to attract tenants promptly. Given the median income, residents have the financial capacity to support higher rents, making Flagler Beach a viable investment opportunity for those looking to enter or expand their presence in the local rental market.

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.