Location: Orlando-Kissimmee-Sanford, FL | Metro: Orlando-Kissimmee-Sanford, FL MSA
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 | $1,920 |
| 1 Bedroom | $2,000 |
| 2 Bedrooms | $2,270 |
| 3 Bedrooms | $2,830 |
| 4 Bedrooms | $3,310 |
| 5 Bedrooms | $3,840 |
| 6 Bedrooms | $4,301 |
| 7 Bedrooms | $4,645 |
| 8 Bedrooms | $4,877 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $2,000 | $139,915 | 1.43% | A |
| 2BR | $2,270 | $269,105 | 0.84% | C |
| 3BR | $2,830 | $461,862 | 0.61% | D |
| 4BR | $3,310 | $644,540 | 0.51% | F |
| 5BR | $3,840 | $1,142,492 | 0.34% | F |
U.S. Census Bureau data (2024)
In ZIP code 32819, located in Doctor Phillips, Florida, within Orange County, the economics of Section 8 housing vouchers can be clearly understood by examining the SAFMR and local market rent figures. The SAFMR for a two-bedroom apartment in this ZIP code is set at $2120 for the fiscal year 2024. This figure represents the maximum amount that the government will pay towards the rent of a unit, assuming it meets certain quality and size standards.
The local market rent, measured by ZORI, is slightly higher at $2,172. This indicates that landlords who participate in the Section 8 program can expect to receive close to the market rate for their units, although there may be some variance based on individual circumstances.
A Section 8 voucher works by covering the difference between what a low-income family can afford and the actual rent of the unit. Specifically, the voucher pays the landlord the difference between the tenant's contribution, which is typically 30% of their adjusted income, and the SAFMR. For instance, if a tenant has an adjusted monthly income of $1,500, they would contribute $450 towards the rent ($1,500 * 30%). In this scenario, the voucher would cover the remaining $1,670 of the SAFMR, bringing the total payment to $2,120.
Utility allowances are also factored into the voucher payment but do not directly affect the rent reimbursement. These allowances are designed to help tenants manage their energy costs and are paid directly to them, not the landlord. As such, the landlord should not expect these amounts to be part of the rent reimbursement.
The typical reimbursement gap or surplus in ZIP 32819 for a two-bedroom apartment is minimal given the close alignment between the SAFMR and the ZORI. With the SAFMR at $2120 and the ZORI at $2172, landlords might face a slight shortfall of $52 per month if they charge the market rate. However, this can vary depending on the specific rental agreement and the tenant's ability to cover additional costs beyond the voucher amount.
To summarize, landlords in ZIP 32819 can expect a voucher to pay up to $2120 towards a two-bedroom apartment, which is very close to the local market rent. The reimbursement is calculated after deducting the tenant's 30% contribution from their adjusted income. Utility allowances are separate and do not impact the rent reimbursement directly. Given these figures, landlords will generally see a small reimbursement gap when renting at market rates.
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.