Section 8 Fair Market Rent (FMR) for ZIP 32195 - 2027

Location: Orlando-Kissimmee-Sanford, FL | Metro: Ocala, FL MSA

Investment Score for ZIP 32195

Monthly Rent (2BR)

$1,370

Median Price (2BR)

$280,410

1% Rule

0.49%

Annual Yield

5.86%

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	$1,150
1 Bedroom	$1,210
2 Bedrooms	$1,370
3 Bedrooms	$1,730
4 Bedrooms	$2,090
5 Bedrooms	$2,424
6 Bedrooms	$2,715
7 Bedrooms	$2,932
8 Bedrooms	$3,079

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
2BR	$1,370	$280,410	0.49%	F
3BR	$1,730	$437,291	0.4%	F
4BR	$2,090	$588,588	0.36%	F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

3,091

Median Household Income

$57,000

Housing Units

1,557

Renter Percentage

7.1%

Occupancy Rate

92.4%

Renter Occupied

102

To determine if a landlord should invest in ZIP 32195 (Weirsdale, FL) for Section 8 properties, follow this decision tree based on the specific data points provided.

1) Does the Fair Market Rent (FMR) of $1540 cover the debt service on a property valued at $414,795?

No: The FMR does not sufficiently cover the debt service on a property of that value. This makes it unfeasible to purchase such a high-value property using only the FMR as a guideline for rental income.

2) Is the market rent above, at, or below the FMR?

N/A: There is insufficient data to compare the market rent to the FMR. Without this comparison, it's challenging to assess whether the property can be rented out at a competitive rate relative to the FMR.

3) Are there enough demand indicators to justify investment?

It depends: With 7.1% of residents being renters, there is a modest level of demand for rental properties in Weirsdale. However, the Days on Market (DOM) is listed as N/A, which means we cannot evaluate how quickly rental units are typically filled. This uncertainty about the speed of finding tenants could affect cash flow and overall investment viability.

In summary, the decision to buy in ZIP 32195 for Section 8 purposes hinges on the answers to these questions. The FMR of $1540 is not sufficient to support a property valued at $414,795. Market rent data is unavailable, making it impossible to gauge competitive pricing. Lastly, while the percentage of renters suggests some demand, the lack of DOM data introduces uncertainty regarding tenant acquisition speed. Landlords must weigh these factors carefully before deciding to invest in this area.

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.