FY2027 Small Area FMR · Jay, FL

ZIP 32565 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 32565 (Jay, FL) is $1,330 a month, down 8.3% from FY2026. That is 14% below the Pensacola-Ferry Pass-Brent, FL area-wide FMR of $1,548.

2-bedroom SAFMR$1,330per month ▼ 8.3%

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

Rank in the area32ndof 37 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,197

2 BR Small Area FMR$1,330

110% of SAFMR$1,463

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

Studio$1,010▼ 8.2%

1 BR$1,140▼ 7.3%

2 BR$1,330▼ 8.3%

3 BR$1,760▼ 9.3%

4 BR$2,150▼ 9.7%

FY2027 FY2026

Where 32565 sits in the Pensacola-Ferry Pass-Brent, FL area

Of the 37 ZIP codes HUD lists for the area, 32565 has the 32nd 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 $1,330 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	$1,010	$909 – $1,111	$1,154	$1,100
1 bedroom	$1,140	$1,026 – $1,254	$1,359	$1,230
2 bedrooms	$1,330	$1,197 – $1,463	$1,548	$1,450
3 bedrooms	$1,760	$1,584 – $1,936	$2,034	$1,940
4 bedrooms	$2,150	$1,935 – $2,365	$2,435	$2,380

A household renting a two-bedroom home at the Small Area FMR of $1,330 needs about $53,200 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 32565 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
32570	Milton	11.5 mi	$1,560
36441	Flomaton	12.5 mi	$1,040
32535	Century	13.6 mi	$1,330
32571	Milton	15.6 mi	$1,510
36426	Brewton	17.5 mi	$920
32577	Molino	17.9 mi	$1,350

Questions

What is the Fair Market Rent for ZIP code 32565?

HUD's FY2027 Small Area Fair Market Rents for 32565 are $1,010 (studio), $1,140 (1 BR), $1,330 (2 BR), $1,760 (3 BR) and $2,150 (4 BR) a month.

What is the Section 8 payment standard in 32565?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 32565 that range is $1,197 to $1,463 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 32565?

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.