FY2027 Small Area FMR · Glen Saint Mary, FL

ZIP 32040 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 32040 (Glen Saint Mary, FL) is $1,070 a month, down 5.3% from FY2026. That is 4% below the Baker County, FL area-wide FMR of $1,110.

2-bedroom SAFMR$1,070per month ▼ 5.3%

Area-wide 2 BR FMR$1,110Baker County, FL

Rank in the area3rdof 5 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$963

2 BR Small Area FMR$1,070

110% of SAFMR$1,177

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$890▼ 3.3%

1 BR$900▼ 4.3%

2 BR$1,070▼ 5.3%

3 BR$1,480▼ 4.5%

4 BR$1,640▼ 9.9%

FY2027 FY2026

Where 32040 sits in the Baker County, FL area

Of the 5 ZIP codes HUD lists for the area, 32040 has the 3rd highest two-bedroom Small Area FMR. Baker County, FL is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,110 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,070 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$890	$801 – $979	$921	$920
1 bedroom	$900	$810 – $990	$933	$940
2 bedrooms	$1,070	$963 – $1,177	$1,110	$1,130
3 bedrooms	$1,480	$1,332 – $1,628	$1,537	$1,550
4 bedrooms	$1,640	$1,476 – $1,804	$1,702	$1,820

A household renting a two-bedroom home at the Small Area FMR of $1,070 needs about $42,800 a year to keep housing costs at 30% of income. The area median family income is $103,200 and the 80% low-income limit for four people is $80,500. ZIP code 32040 lies mainly in Baker County. See the Baker County, FL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
32063	Macclenny	7.5 mi	$1,290
32083	Raiford	8.9 mi	$1,220
32087	Sanderson	9.6 mi	$1,000
32072	Olustee	11.7 mi	$1,010
32058	Lawtey	12.3 mi	$1,200
31562	Saint George	13.0 mi	$1,050

Questions

What is the Fair Market Rent for ZIP code 32040?

HUD's FY2027 Small Area Fair Market Rents for 32040 are $890 (studio), $900 (1 BR), $1,070 (2 BR), $1,480 (3 BR) and $1,640 (4 BR) a month.

What is the Section 8 payment standard in 32040?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 32040 that range is $963 to $1,177 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 32040?

The FY2026 income limits of the Baker County, FL area apply: median family income $103,200, low-income (80%) limit $80,500 for a family of four.