Section 8 Fair Market Rent (FMR) for ZIP 32530 - 2027

Location: Pensacola-Ferry Pass-Brent, FL | Metro: Pensacola-Ferry Pass-Brent, FL MSA

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,160
1 Bedroom	$1,360
2 Bedrooms	$1,550
3 Bedrooms	$2,040
4 Bedrooms	$2,440
5 Bedrooms	$2,830
6 Bedrooms	$3,170
7 Bedrooms	$3,424
8 Bedrooms	$3,595

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

275

Median Household Income

$N/A

Housing Units

Renter Percentage

N/A

Occupancy Rate

100.0%

Renter Occupied

The ZIP code 32530, located in Florida, is a rural area that offers a unique market for real estate investors. The region is characterized by its low population density and a predominantly owner-occupied housing market.

The Fair Market Rent (FMR) for a two-bedroom apartment in ZIP 32530 for fiscal year 2024 is set at $1260. This figure represents the maximum amount that a low-income household should pay for rent and utilities to avoid housing cost burden.
The market rent for the area is currently N/A, indicating that there may be limited rental data available due to the low number of rental properties in the area.
The median home value in ZIP 32530 is N/A, which suggests that there might not be enough sales data to provide a reliable median value.
The renter share in this ZIP code is 0.0%, meaning that virtually all residents own their homes rather than renting, which is a significant characteristic of the local real estate market.
The Days on Market (DOM) for listings in this area is N/A, suggesting that the data for how long homes stay on the market before selling is either sparse or not readily available.
The median income for households in ZIP 32530 is N/A, implying that comprehensive income data for the area is lacking or unreliable.

Given the characteristics of ZIP 32530, it is evident that the real estate market here is heavily skewed towards homeownership, with almost no rental activity. Landlords and small-portfolio investors looking to enter this market should consider the potential challenges posed by the lack of rental demand and the absence of robust data points such as median home values and typical DOM. However, the established FMR provides a clear guideline for pricing rental units if one decides to pursue this less active market segment. For those interested in property investment, focusing on areas with higher renter shares or more comprehensive data availability might prove more beneficial in terms of both risk management and return on investment.

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.