Location: Liberty County, FL | Metro: Liberty County, FL
| Unit Size | Monthly FMR |
|---|---|
| Studio | $870 |
| 1 Bedroom | $910 |
| 2 Bedrooms | $990 |
| 3 Bedrooms | $1,340 |
| 4 Bedrooms | $1,640 |
| 5 Bedrooms | $1,902 |
| 6 Bedrooms | $2,130 |
| 7 Bedrooms | $2,300 |
| 8 Bedrooms | $2,415 |
U.S. Census Bureau data (2024)
The ZIP code 32360 stands as a unique market within the broader landscape of real estate investment. With a Fair Market Rent (FMR) of $1,020 for the fiscal year 2026, this area reflects the rental affordability standards set by HUD. However, the absence of specific market rent data suggests that the official FMR may not accurately represent the actual rental prices within the community, indicating a potential gap between government benchmarks and local realities.
The lack of percentage data for price-cut shares and days on market (DOM) reveals a market that is either stable or underreported. This could mean that properties are selling at their listed prices without significant adjustments, suggesting a balanced market where neither buyers nor sellers hold overwhelming leverage. The median home value data being unavailable points to a less transparent market, possibly due to lower transaction volumes or a smaller sample size of recent sales.
A critical observation is the 0.0% renter share statistic, which is unusual and indicates that nearly all residents in ZIP 32360 own their homes. This high owner-occupancy rate can suggest several underlying dynamics. Firstly, it may reflect a demographic preference for homeownership over renting, potentially due to lower property values or higher rental costs relative to income levels. Secondly, it could imply that the area has seen limited new development or that existing units are primarily sold rather than leased. In terms of long-term housing pressure, this trend might signal a stable or declining rental market, but also hints at a potential challenge for future renters seeking affordable options in the area.
Given the available data, it's challenging to definitively state whether supply outpaces demand or vice versa in ZIP 32360. The high owner-occupancy rate and the unavailability of certain metrics point towards a market that is likely experiencing low turnover and steady, if not stagnant, growth in both rental and ownership sectors. Landlords and small-portfolio investors must navigate this context carefully, focusing on understanding local preferences and economic conditions to make informed decisions.
Data Sources: FMR data from HUD (2027). 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.