FY2027 Small Area FMR · Crestview, FL

ZIP 32536 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 32536 (Crestview, FL) is $1,760 a month, up 5.4% from FY2026. That is 8% below the Crestview-Fort Walton Beach-Destin, FL area-wide FMR of $1,908.

2-bedroom SAFMR$1,760per month ▲ 5.4%

Area-wide 2 BR FMR$1,908Crestview-Fort Walton Beach-

Rank in the area12thof 18 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,584

2 BR Small Area FMR$1,760

110% of SAFMR$1,936

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

Studio$1,310▲ 3.1%

1 BR$1,570▲ 6.1%

2 BR$1,760▲ 5.4%

3 BR$2,410▲ 5.2%

4 BR$2,940▲ 5.4%

FY2027 FY2026

Where 32536 sits in the Crestview-Fort Walton Beach-Destin, FL area

Of the 18 ZIP codes HUD lists for the area, 32536 has the 12th highest two-bedroom Small Area FMR. Crestview-Fort Walton Beach-Destin, 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 $1,908 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,760 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	$1,310	$1,179 – $1,441	$1,421	$1,270
1 bedroom	$1,570	$1,413 – $1,727	$1,706	$1,480
2 bedrooms	$1,760	$1,584 – $1,936	$1,908	$1,670
3 bedrooms	$2,410	$2,169 – $2,651	$2,616	$2,290
4 bedrooms	$2,940	$2,646 – $3,234	$3,189	$2,790

A household renting a two-bedroom home at the Small Area FMR of $1,760 needs about $70,400 a year to keep housing costs at 30% of income. The area median family income is $106,700 and the 80% low-income limit for four people is $85,350. ZIP code 32536 lies mainly in Okaloosa County. See the Crestview-Fort Walton Beach-Destin, FL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
32539	Crestview	6.9 mi	$1,660
32531	Baker	9.9 mi	$1,610
32564	Holt	11.5 mi	$1,610
32567	Laurel Hill	13.9 mi	$1,610
32580	Valparaiso	19.5 mi	$1,670
32578	Niceville	19.6 mi	$2,260

Questions

What is the Fair Market Rent for ZIP code 32536?

HUD's FY2027 Small Area Fair Market Rents for 32536 are $1,310 (studio), $1,570 (1 BR), $1,760 (2 BR), $2,410 (3 BR) and $2,940 (4 BR) a month.

What is the Section 8 payment standard in 32536?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 32536 that range is $1,584 to $1,936 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 32536?

The FY2026 income limits of the Crestview-Fort Walton Beach-Destin, FL area apply: median family income $106,700, low-income (80%) limit $85,350 for a family of four.