FY2027 Small Area FMR · Mc Alpin, FL

ZIP 32062 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 32062 (Mc Alpin, FL) is $1,000 a month, down 9.1% from FY2026. That is 0% equal to the Suwannee County, FL area-wide FMR of $999.

2-bedroom SAFMR$1,000per month ▼ 9.1%

Area-wide 2 BR FMR$999Suwannee County, FL

Rank in the area9thof 10 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$900

2 BR Small Area FMR$1,000

110% of SAFMR$1,100

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

Studio$880▼ 7.4%

1 BR$920▼ 7.1%

2 BR$1,000▼ 9.1%

3 BR$1,340▼ 8.2%

4 BR$1,420▼ 8.4%

FY2027 FY2026

Where 32062 sits in the Suwannee County, FL area

Of the 10 ZIP codes HUD lists for the area, 32062 has the 9th highest two-bedroom Small Area FMR. Suwannee 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 $999 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,000 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	$880	$792 – $968	$871	$950
1 bedroom	$920	$828 – $1,012	$912	$990
2 bedrooms	$1,000	$900 – $1,100	$999	$1,100
3 bedrooms	$1,340	$1,206 – $1,474	$1,336	$1,460
4 bedrooms	$1,420	$1,278 – $1,562	$1,416	$1,550

A household renting a two-bedroom home at the Small Area FMR of $1,000 needs about $40,000 a year to keep housing costs at 30% of income. The area median family income is $68,100 and the 80% low-income limit for four people is $62,600. ZIP code 32062 lies mainly in Suwannee County. See the Suwannee County, FL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
32071	O Brien	5.6 mi	$1,120
32094	Wellborn	9.9 mi	$1,190
32060	Live Oak	10.1 mi	$1,000
32064	Live Oak	10.9 mi	$1,050
32008	Branford	15.1 mi	$1,350
32024	Lake City	15.1 mi	$1,350

Questions

What is the Fair Market Rent for ZIP code 32062?

HUD's FY2027 Small Area Fair Market Rents for 32062 are $880 (studio), $920 (1 BR), $1,000 (2 BR), $1,340 (3 BR) and $1,420 (4 BR) a month.

What is the Section 8 payment standard in 32062?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 32062 that range is $900 to $1,100 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 32062?

The FY2026 income limits of the Suwannee County, FL area apply: median family income $68,100, low-income (80%) limit $62,600 for a family of four.