Location: Jackson County, FL | Metro: Holmes County, FL
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 | $850 |
| 1 Bedroom | $890 |
| 2 Bedrooms | $980 |
| 3 Bedrooms | $1,290 |
| 4 Bedrooms | $1,290 |
| 5 Bedrooms | $1,496 |
| 6 Bedrooms | $1,676 |
| 7 Bedrooms | $1,810 |
| 8 Bedrooms | $1,901 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $980 | $125,770 | 0.78% | D |
| 3BR | $1,290 | $197,861 | 0.65% | D |
| 4BR | $1,290 | $309,382 | 0.42% | F |
U.S. Census Bureau data (2024)
Graceville, FL, located in Jackson County, has a distinct demographic profile with 8,253 residents, where 32.4% rent their homes. The median income in Graceville is $59,246, while the median home value stands at $172,366. These figures indicate a community that is moderately priced, yet the rental market remains significant.
The voucher economics in Graceville are favorable for landlords. The Fair Market Rent (FMR) for the metro area for fiscal year 2026 is set at $1,050, which is notably higher than the current market rent of $832 as reported by the Census Bureau's American Community Survey. This means that landlords can expect to receive higher rents through Section 8 vouchers compared to the typical market rate, thereby increasing their profitability and reducing vacancy risks.
The data signature for Graceville suggests a stable environment. With a consistent median income and a steady demand for rentals, the area appears to be in a stable phase rather than undergoing significant transitional changes. However, the discrepancy between the FMR and the market rent indicates an opportunity for landlords to benefit from the federal assistance program, potentially attracting more renters who qualify for Section 8 vouchers.
To summarize, Graceville offers a balanced real estate market with a substantial rental component. The higher FMR compared to the actual market rent provides a financial incentive for landlords participating in the Section 8 program. The overall economic indicators point towards stability, making it a reliable investment location for small-portfolio investors and landlords.
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.