FY2027 Small Area FMR · Tallahassee, FL

ZIP 32304 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 32304 (Tallahassee, FL) is $1,410 a month, up 3.7% from FY2026. That is 1% below the Tallahassee, FL area-wide FMR of $1,424.

2-bedroom SAFMR$1,410per month ▲ 3.7%

Area-wide 2 BR FMR$1,424Tallahassee, FL

Rank in the area17thof 34 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,269

2 BR Small Area FMR$1,410

110% of SAFMR$1,551

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

Studio$1,170▲ 6.4%

1 BR$1,250▲ 3.3%

2 BR$1,410▲ 3.7%

3 BR$1,730▲ 3.0%

4 BR$1,850▲ 2.8%

FY2027 FY2026

Where 32304 sits in the Tallahassee, FL area

Of the 34 ZIP codes HUD lists for the area, 32304 has the 17th highest two-bedroom Small Area FMR. Tallahassee, 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 $1,424 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,410 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	$1,170	$1,053 – $1,287	$1,186	$1,100
1 bedroom	$1,250	$1,125 – $1,375	$1,264	$1,210
2 bedrooms	$1,410	$1,269 – $1,551	$1,424	$1,360
3 bedrooms	$1,730	$1,557 – $1,903	$1,742	$1,680
4 bedrooms	$1,850	$1,665 – $2,035	$1,871	$1,800

A household renting a two-bedroom home at the Small Area FMR of $1,410 needs about $56,400 a year to keep housing costs at 30% of income. The area median family income is $99,500 and the 80% low-income limit for four people is $79,600. ZIP code 32304 lies mainly in Leon County. See the Tallahassee, FL metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
32313	Tallahassee	1.9 mi	$1,450
32306	Tallahassee	3.3 mi	$1,430
32307	Tallahassee	4.3 mi	$1,400
32399	Tallahassee	4.3 mi	$1,450
32303	Tallahassee	4.4 mi	$1,530
32301	Tallahassee	6.0 mi	$1,500

Questions

What is the Fair Market Rent for ZIP code 32304?

HUD's FY2027 Small Area Fair Market Rents for 32304 are $1,170 (studio), $1,250 (1 BR), $1,410 (2 BR), $1,730 (3 BR) and $1,850 (4 BR) a month.

What is the Section 8 payment standard in 32304?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 32304 that range is $1,269 to $1,551 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 32304?

The FY2026 income limits of the Tallahassee, FL area apply: median family income $99,500, low-income (80%) limit $79,600 for a family of four.