Location: Jackson County, FL | Metro: Jackson 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 | $800 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $1,050 |
| 3 Bedrooms | $1,370 |
| 4 Bedrooms | $1,380 |
| 5 Bedrooms | $1,601 |
| 6 Bedrooms | $1,793 |
| 7 Bedrooms | $1,936 |
| 8 Bedrooms | $2,033 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,050 | $141,013 | 0.74% | D |
| 3BR | $1,370 | $250,032 | 0.55% | F |
| 4BR | $1,380 | $333,518 | 0.41% | F |
U.S. Census Bureau data (2024)
Marianna, FL, located in Jackson County, is characterized by a population of 10,910 residents, with 22.5% of them renting their homes. The median income in this area stands at $55,125, while the median home value is notably higher at $214,323. These figures indicate a community that is somewhat reliant on rental properties but also has a significant portion of homeownership.
The voucher economics in Marianna provide an interesting perspective for landlords and small-portfolio investors. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,150, which is higher than the current market rent of $1,030 based on Census ACS data. This discrepancy suggests that there is potential for increased rental income through Section 8 vouchers, as they can help bridge the gap between market rates and what tenants can afford. Landlords should consider the benefits of accepting these vouchers, which can ensure a steady stream of income and reduce vacancy rates.
Based on the available data, Marianna's real estate market appears to be stable. The relatively low percentage of renters and high median home value suggest a strong preference for homeownership among the residents. However, the increasing FMR indicates a growing need for affordable housing options, which could signal a transitional phase towards more rental opportunities. For investors looking to enter the market, it might be wise to focus on properties that can accommodate both Section 8 tenants and those seeking ownership, as this could balance out the risks associated with a potentially shifting market dynamic.
In summary, Marianna presents a unique opportunity for real estate investors due to its distinct economic profile. The higher FMR compared to the current market rent provides a compelling argument for participating in the Section 8 program, which can stabilize cash flows and enhance property occupancy. Despite the overall stability, the increasing demand for affordable rentals hints at a possible transitional period, making it crucial for investors to stay informed about local market trends.
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.