FY2027 Small Area FMR · Niceville, FL
ZIP 32578 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 32578 (Niceville, FL) is $2,260 a month, up 6.6% from FY2026. That is 18% above the Crestview-Fort Walton Beach-Destin, FL area-wide FMR of $1,908.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 32578 sits in the Crestview-Fort Walton Beach-Destin, FL area
Of the 18 ZIP codes HUD lists for the area, 32578 has the 4th 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 $2,260 for this ZIP code instead.
ZIP code 32578 crosses more than one HUD area. HUD also lists it under Walton County, FL (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,680 | $1,512 – $1,848 | $1,421 | $1,620 |
| 1 bedroom | $2,020 | $1,818 – $2,222 | $1,706 | $1,880 |
| 2 bedrooms | $2,260 | $2,034 – $2,486 | $1,908 | $2,120 |
| 3 bedrooms | $3,100 | $2,790 – $3,410 | $2,616 | $2,910 |
| 4 bedrooms | $3,770 | $3,393 – $4,147 | $3,189 | $3,540 |
A household renting a two-bedroom home at the Small Area FMR of $2,260 needs about $90,400 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 32578 lies mainly in Okaloosa County and Walton County. See the Crestview-Fort Walton Beach-Destin, FL county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 32578?
HUD's FY2027 Small Area Fair Market Rents for 32578 are $1,680 (studio), $2,020 (1 BR), $2,260 (2 BR), $3,100 (3 BR) and $3,770 (4 BR) a month.
What is the Section 8 payment standard in 32578?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 32578 that range is $2,034 to $2,486 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 32578?
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.