FY2027 Small Area FMR · The Villages, FL
ZIP 32162 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 32162 (The Villages, FL) is $1,750 a month, down 9.3% from FY2026. That is 26% above the Ocala, FL area-wide FMR of $1,394.
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 32162 sits in the Ocala, FL area
Of the 45 ZIP codes HUD lists for the area, 32162 has the 2nd highest two-bedroom Small Area FMR. Ocala, 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 $1,394 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,750 for this ZIP code instead.
ZIP code 32162 crosses more than one HUD area. HUD also lists it under Orlando-Kissimmee-Sanford, FL (same figures) and Wildwood-The Villages, FL (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,450 | $1,305 – $1,595 | $1,194 | $1,570 |
| 1 bedroom | $1,510 | $1,359 – $1,661 | $1,201 | $1,660 |
| 2 bedrooms | $1,750 | $1,575 – $1,925 | $1,394 | $1,930 |
| 3 bedrooms | $2,180 | $1,962 – $2,398 | $1,836 | $2,420 |
| 4 bedrooms | $2,520 | $2,268 – $2,772 | $1,925 | $2,800 |
A household renting a two-bedroom home at the Small Area FMR of $1,750 needs about $70,000 a year to keep housing costs at 30% of income. The area median family income is $84,000 and the 80% low-income limit for four people is $67,200. ZIP code 32162 lies mainly in Sumter County and Marion County. See the Ocala, FL county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 32162?
HUD's FY2027 Small Area Fair Market Rents for 32162 are $1,450 (studio), $1,510 (1 BR), $1,750 (2 BR), $2,180 (3 BR) and $2,520 (4 BR) a month.
What is the Section 8 payment standard in 32162?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 32162 that range is $1,575 to $1,925 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 32162?
The FY2026 income limits of the Ocala, FL area apply: median family income $84,000, low-income (80%) limit $67,200 for a family of four.