FY2027 Small Area FMR · Palm Coast, FL

ZIP 32137 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 32137 (Palm Coast, FL) is $1,880 a month, down 2.1% from FY2026. That is 7% above the Palm Coast, FL area-wide FMR of $1,758.

2-bedroom SAFMR$1,880per month ▼ 2.1%

Area-wide 2 BR FMR$1,758Palm Coast, FL

Rank in the area2ndof 11 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,692

2 BR Small Area FMR$1,880

110% of SAFMR$2,068

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

Studio$1,420▲ 4.4%

1 BR$1,470▼ 3.3%

2 BR$1,880▼ 2.1%

3 BR$2,520▼ 3.8%

4 BR$2,760▼ 7.1%

FY2027 FY2026

Where 32137 sits in the Palm Coast, FL area

Of the 11 ZIP codes HUD lists for the area, 32137 has the 2nd highest two-bedroom Small Area FMR. Palm Coast, 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 $1,758 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,880 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	$1,420	$1,278 – $1,562	$1,326	$1,360
1 bedroom	$1,470	$1,323 – $1,617	$1,376	$1,520
2 bedrooms	$1,880	$1,692 – $2,068	$1,758	$1,920
3 bedrooms	$2,520	$2,268 – $2,772	$2,361	$2,620
4 bedrooms	$2,760	$2,484 – $3,036	$2,581	$2,970

A household renting a two-bedroom home at the Small Area FMR of $1,880 needs about $75,200 a year to keep housing costs at 30% of income. The area median family income is $114,500 and the 80% low-income limit for four people is $83,450. ZIP code 32137 lies mainly in Flagler County. See the Palm Coast, FL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
32164	Palm Coast	6.5 mi	$1,790
32136	Flagler Beach	9.2 mi	$1,630
32110	Bunnell	12.8 mi	$1,630
32086	Saint Augustine	13.8 mi	$1,790
32145	Hastings	13.9 mi	$1,280
32080	Saint Augustine	16.7 mi	$1,930

Questions

What is the Fair Market Rent for ZIP code 32137?

HUD's FY2027 Small Area Fair Market Rents for 32137 are $1,420 (studio), $1,470 (1 BR), $1,880 (2 BR), $2,520 (3 BR) and $2,760 (4 BR) a month.

What is the Section 8 payment standard in 32137?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 32137 that range is $1,692 to $2,068 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 32137?

The FY2026 income limits of the Palm Coast, FL area apply: median family income $114,500, low-income (80%) limit $83,450 for a family of four.