FY2027 Small Area FMR · Tallahassee, FL

ZIP 32306 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 32306 (Tallahassee, FL) is $1,430 a month, up 4.4% from FY2026. That is 0% equal to the Tallahassee, FL area-wide FMR of $1,424.

2-bedroom SAFMR$1,430per month ▲ 4.4%

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

Rank in the area16thof 34 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,287

2 BR Small Area FMR$1,430

110% of SAFMR$1,573

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

Studio$1,180▲ 6.3%

1 BR$1,260▲ 3.3%

2 BR$1,430▲ 4.4%

3 BR$1,750▲ 2.9%

4 BR$1,870▲ 2.7%

FY2027 FY2026

Where 32306 sits in the Tallahassee, FL area

Of the 34 ZIP codes HUD lists for the area, 32306 has the 16th 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 $1,430 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	$1,180	$1,062 – $1,298	$1,186	$1,110
1 bedroom	$1,260	$1,134 – $1,386	$1,264	$1,220
2 bedrooms	$1,430	$1,287 – $1,573	$1,424	$1,370
3 bedrooms	$1,750	$1,575 – $1,925	$1,742	$1,700
4 bedrooms	$1,870	$1,683 – $2,057	$1,871	$1,820

A household renting a two-bedroom home at the Small Area FMR of $1,430 needs about $57,200 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 32306 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
32399	Tallahassee	1.0 mi	$1,450
32307	Tallahassee	1.3 mi	$1,400
32301	Tallahassee	2.8 mi	$1,500
32304	Tallahassee	3.3 mi	$1,410
32313	Tallahassee	3.8 mi	$1,450
32308	Tallahassee	4.9 mi	$1,520

Questions

What is the Fair Market Rent for ZIP code 32306?

HUD's FY2027 Small Area Fair Market Rents for 32306 are $1,180 (studio), $1,260 (1 BR), $1,430 (2 BR), $1,750 (3 BR) and $1,870 (4 BR) a month.

What is the Section 8 payment standard in 32306?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 32306 that range is $1,287 to $1,573 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 32306?

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.