FY2027 Small Area FMR · Fleming Island, FL
ZIP 32003 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 32003 (Fleming Island, FL) is $2,260 a month, down 2.2% from FY2026. That is 33% above the Jacksonville, FL area-wide FMR of $1,694.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 32003 sits in the Jacksonville, FL area
Of the 82 ZIP codes HUD lists for the area, 32003 has the 5th highest two-bedroom Small Area FMR. Jacksonville, FL is one of the 65 metro areas where HUD requires Small Area FMRs for the Housing Choice Voucher program (designated 2016), so local housing agencies must set payment standards from this ZIP code's figure, normally between $2,034 and $2,486 for two bedrooms.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,870 | $1,683 – $2,057 | $1,401 | $1,890 |
| 1 bedroom | $1,900 | $1,710 – $2,090 | $1,421 | $1,920 |
| 2 bedrooms | $2,260 | $2,034 – $2,486 | $1,694 | $2,310 |
| 3 bedrooms | $2,770 | $2,493 – $3,047 | $2,077 | $2,850 |
| 4 bedrooms | $3,460 | $3,114 – $3,806 | $2,594 | $3,570 |
A household renting a two-bedroom home at the Small Area FMR of $2,260 needs about $90,400 a year to keep housing costs at 30% of income. The area median family income is $108,700 and the 80% low-income limit for four people is $86,950. ZIP code 32003 lies mainly in Clay County. See the Jacksonville, FL metro page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 32003?
HUD's FY2027 Small Area Fair Market Rents for 32003 are $1,870 (studio), $1,900 (1 BR), $2,260 (2 BR), $2,770 (3 BR) and $3,460 (4 BR) a month.
What is the Section 8 payment standard in 32003?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 32003 that range is $2,034 to $2,486 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 32003?
The FY2026 income limits of the Jacksonville, FL area apply: median family income $108,700, low-income (80%) limit $86,950 for a family of four.