FY2027 Small Area FMR · Mexico Beach, FL

ZIP 32410 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 32410 (Mexico Beach, FL) is $2,110 a month, up 1.9% from FY2026. That is 28% above the Panama City, FL area-wide FMR of $1,651.

2-bedroom SAFMR$2,110per month ▲ 1.9%

Area-wide 2 BR FMR$1,651Panama City, FL

Rank in the area2ndof 22 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,899

2 BR Small Area FMR$2,110

110% of SAFMR$2,321

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

Studio$1,810▲ 2.8%

1 BR$1,940▲ 6.6%

2 BR$2,110▲ 1.9%

3 BR$2,690▲ 0.7%

4 BR$3,280▼ 0.9%

FY2027 FY2026

Where 32410 sits in the Panama City, FL area

Of the 22 ZIP codes HUD lists for the area, 32410 has the 2nd highest two-bedroom Small Area FMR. Panama City, 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 $1,651 for two bedrooms; an agency that opts in to Small Area FMRs would use $2,110 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	$1,810	$1,629 – $1,991	$1,414	$1,760
1 bedroom	$1,940	$1,746 – $2,134	$1,517	$1,820
2 bedrooms	$2,110	$1,899 – $2,321	$1,651	$2,070
3 bedrooms	$2,690	$2,421 – $2,959	$2,101	$2,670
4 bedrooms	$3,280	$2,952 – $3,608	$2,567	$3,310

A household renting a two-bedroom home at the Small Area FMR of $2,110 needs about $84,400 a year to keep housing costs at 30% of income. The area median family income is $98,900 and the 80% low-income limit for four people is $79,100. ZIP code 32410 lies mainly in Bay County. See the Panama City, FL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
32403	Panama City	9.1 mi	$2,350
32456	Port Saint Joe	12.8 mi	$1,720
32465	Wewahitchka	13.9 mi	$1,540
32404	Panama City	15.4 mi	$1,570
32401	Panama City	18.6 mi	$1,520
32405	Panama City	20.8 mi	$1,660

Questions

What is the Fair Market Rent for ZIP code 32410?

HUD's FY2027 Small Area Fair Market Rents for 32410 are $1,810 (studio), $1,940 (1 BR), $2,110 (2 BR), $2,690 (3 BR) and $3,280 (4 BR) a month.

What is the Section 8 payment standard in 32410?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 32410 that range is $1,899 to $2,321 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 32410?

The FY2026 income limits of the Panama City, FL area apply: median family income $98,900, low-income (80%) limit $79,100 for a family of four.