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 | $1,230 |
| 1 Bedroom | $1,250 |
| 2 Bedrooms | $1,490 |
| 3 Bedrooms | $1,830 |
| 4 Bedrooms | $2,280 |
| 5 Bedrooms | $2,645 |
| 6 Bedrooms | $2,962 |
| 7 Bedrooms | $3,199 |
| 8 Bedrooms | $3,359 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,490 | $135,804 | 1.1% | B |
| 3BR | $1,830 | $251,922 | 0.73% | D |
| 4BR | $2,280 | $318,225 | 0.72% | D |
| 5BR | $2,645 | $369,887 | 0.72% | D |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 32219 in Jacksonville, Florida, for fiscal year 2024 is set at $1290. This figure represents the payment standard for landlords participating in the Section 8 Housing Choice Voucher program. It's important to note that this is not the amount tenants will pay in rent; it's the maximum amount that the housing authority will reimburse you for renting a unit in this area.
In comparison, the average market rent for a two-bedroom apartment in ZIP 32219, known as the Zillow Rent Index (ZORI), is $1829. This indicates that the FMR is significantly lower than the typical market rate, which could mean reduced income if you choose to participate in Section 8. However, the participation can also provide stability and ensure timely payments.
The renter share in this area is 17.2%, meaning that approximately 17.2% of the population are renters. This suggests a steady demand for rental properties, particularly those that might be more affordable for low-income families. The median home value in the area is around $288,860, which gives an idea of the acquisition cost for a property in this ZIP code.
Before making your decision, verify that your property meets the minimum standards required by the housing authority. These standards include ensuring the property is safe, decent, and sanitary. A thorough inspection can prevent potential delays in getting approved for the program.
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.