FY2027 Small Area FMR · Wausau, FL

ZIP 32463 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 32463 (Wausau, FL) is $950 a month, down 2.1% from FY2026. That is 9% below the Washington County, FL area-wide FMR of $1,040.

2-bedroom SAFMR$950per month ▼ 2.1%

Area-wide 2 BR FMR$1,040Washington County, FL

Rank in the area10thof 10 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$855

2 BR Small Area FMR$950

110% of SAFMR$1,045

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

Studio$820▼ 1.2%

1 BR$880▼ 1.1%

2 BR$950▼ 2.1%

3 BR$1,140▼ 5.0%

4 BR$1,450▼ 5.2%

FY2027 FY2026

Where 32463 sits in the Washington County, FL area

Of the 10 ZIP codes HUD lists for the area, 32463 has the 10th highest two-bedroom Small Area FMR. Washington County, 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 $1,040 for two bedrooms; an agency that opts in to Small Area FMRs would use $950 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	$820	$738 – $902	$896	$830
1 bedroom	$880	$792 – $968	$955	$890
2 bedrooms	$950	$855 – $1,045	$1,040	$970
3 bedrooms	$1,140	$1,026 – $1,254	$1,243	$1,200
4 bedrooms	$1,450	$1,305 – $1,595	$1,479	$1,530

A household renting a two-bedroom home at the Small Area FMR of $950 needs about $38,000 a year to keep housing costs at 30% of income. The area median family income is $74,100 and the 80% low-income limit for four people is $62,600. ZIP code 32463 lies mainly in Washington County. See the Washington County, FL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
32428	Chipley	1.5 mi	$1,520
32420	Alford	12.2 mi	$970
32427	Caryville	13.2 mi	$970
32438	Fountain	13.4 mi	$1,520
32431	Cottondale	15.2 mi	$1,150
32462	Vernon	15.4 mi	$1,520

Questions

What is the Fair Market Rent for ZIP code 32463?

HUD's FY2027 Small Area Fair Market Rents for 32463 are $820 (studio), $880 (1 BR), $950 (2 BR), $1,140 (3 BR) and $1,450 (4 BR) a month.

What is the Section 8 payment standard in 32463?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 32463 that range is $855 to $1,045 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 32463?

The FY2026 income limits of the Washington County, FL area apply: median family income $74,100, low-income (80%) limit $62,600 for a family of four.