FY2027 Small Area FMR · Gulf Breeze, FL

ZIP 32562 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 32562 (Gulf Breeze, FL) is $1,780 a month, up 6.0% from FY2026. That is 15% above the Pensacola-Ferry Pass-Brent, FL area-wide FMR of $1,548.

2-bedroom SAFMR$1,780per month ▲ 6.0%

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

Rank in the area5thof 37 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,602

2 BR Small Area FMR$1,780

110% of SAFMR$1,958

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

Studio$1,330▲ 4.7%

1 BR$1,560▲ 8.3%

2 BR$1,780▲ 6.0%

3 BR$2,340▲ 4.9%

4 BR$2,800▲ 3.3%

FY2027 FY2026

Where 32562 sits in the Pensacola-Ferry Pass-Brent, FL area

Of the 37 ZIP codes HUD lists for the area, 32562 has the 5th 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 $1,780 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	$1,330	$1,197 – $1,463	$1,154	$1,270
1 bedroom	$1,560	$1,404 – $1,716	$1,359	$1,440
2 bedrooms	$1,780	$1,602 – $1,958	$1,548	$1,680
3 bedrooms	$2,340	$2,106 – $2,574	$2,034	$2,230
4 bedrooms	$2,800	$2,520 – $3,080	$2,435	$2,710

A household renting a two-bedroom home at the Small Area FMR of $1,780 needs about $71,200 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 32562 lies mainly in Santa Rosa 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
32561	Gulf Breeze	3.2 mi	$1,870
32502	Pensacola	5.1 mi	$1,580
32501	Pensacola	6.1 mi	$1,330
32503	Pensacola	7.7 mi	$1,500
32504	Pensacola	8.1 mi	$1,530
32511	Pensacola	8.3 mi	$1,560

Questions

What is the Fair Market Rent for ZIP code 32562?

HUD's FY2027 Small Area Fair Market Rents for 32562 are $1,330 (studio), $1,560 (1 BR), $1,780 (2 BR), $2,340 (3 BR) and $2,800 (4 BR) a month.

What is the Section 8 payment standard in 32562?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 32562 that range is $1,602 to $1,958 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 32562?

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.