FY2027 Small Area FMR · Pensacola, FL

ZIP 32511 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 32511 (Pensacola, FL) is $1,560 a month, down 1.3% from FY2026. That is 1% above the Pensacola-Ferry Pass-Brent, FL area-wide FMR of $1,548.

2-bedroom SAFMR$1,560per month ▼ 1.3%

Area-wide 2 BR FMR$1,548Pensacola-Ferry Pass-Brent,

Rank in the area15thof 37 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,404

2 BR Small Area FMR$1,560

110% of SAFMR$1,716

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

Studio$1,160▼ 2.5%

1 BR$1,370▲ 1.5%

2 BR$1,560▼ 1.3%

3 BR$2,050▼ 2.4%

4 BR$2,450▼ 4.3%

FY2027 FY2026

Where 32511 sits in the Pensacola-Ferry Pass-Brent, FL area

Of the 37 ZIP codes HUD lists for the area, 32511 has the 15th highest two-bedroom Small Area FMR. Pensacola-Ferry Pass-Brent, 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 $1,548 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,560 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	$1,160	$1,044 – $1,276	$1,154	$1,190
1 bedroom	$1,370	$1,233 – $1,507	$1,359	$1,350
2 bedrooms	$1,560	$1,404 – $1,716	$1,548	$1,580
3 bedrooms	$2,050	$1,845 – $2,255	$2,034	$2,100
4 bedrooms	$2,450	$2,205 – $2,695	$2,435	$2,560

A household renting a two-bedroom home at the Small Area FMR of $1,560 needs about $62,400 a year to keep housing costs at 30% of income. The area median family income is $92,800 and the 80% low-income limit for four people is $74,600. ZIP code 32511 lies mainly in Escambia County. See the Pensacola-Ferry Pass-Brent, FL metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
32512	Pensacola	0.9 mi	$1,510
32505	Pensacola	3.8 mi	$1,330
32502	Pensacola	4.1 mi	$1,580
32508	Pensacola	4.1 mi	$2,120
32501	Pensacola	4.4 mi	$1,330
32506	Pensacola	4.7 mi	$1,580

Questions

What is the Fair Market Rent for ZIP code 32511?

HUD's FY2027 Small Area Fair Market Rents for 32511 are $1,160 (studio), $1,370 (1 BR), $1,560 (2 BR), $2,050 (3 BR) and $2,450 (4 BR) a month.

What is the Section 8 payment standard in 32511?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 32511 that range is $1,404 to $1,716 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 32511?

The FY2026 income limits of the Pensacola-Ferry Pass-Brent, FL area apply: median family income $92,800, low-income (80%) limit $74,600 for a family of four.