FY2027 Small Area FMR · Horseshoe Beach, FL

ZIP 32648 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 32648 (Horseshoe Beach, FL) is $1,060 a month, down 9.4% from FY2026. That is 2% above the Dixie County, FL area-wide FMR of $1,041.

2-bedroom SAFMR$1,060per month ▼ 9.4%

Area-wide 2 BR FMR$1,041Dixie County, FL

Rank in the area4thof 6 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$954

2 BR Small Area FMR$1,060

110% of SAFMR$1,166

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

Studio$920▲ 4.5%

1 BR$950▲ 6.7%

2 BR$1,060▼ 9.4%

3 BR$1,400▼ 9.7%

4 BR$1,400▼ 9.7%

FY2027 FY2026

Where 32648 sits in the Dixie County, FL area

Of the 6 ZIP codes HUD lists for the area, 32648 has the 4th highest two-bedroom Small Area FMR. Dixie County, 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 $1,041 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,060 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	$920	$828 – $1,012	$840	$880
1 bedroom	$950	$855 – $1,045	$872	$890
2 bedrooms	$1,060	$954 – $1,166	$1,041	$1,170
3 bedrooms	$1,400	$1,260 – $1,540	$1,373	$1,550
4 bedrooms	$1,400	$1,260 – $1,540	$1,378	$1,550

A household renting a two-bedroom home at the Small Area FMR of $1,060 needs about $42,400 a year to keep housing costs at 30% of income. The area median family income is $60,400 and the 80% low-income limit for four people is $62,600. ZIP code 32648 lies mainly in Dixie County. See the Dixie County, FL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
32680	Old Town	8.7 mi	$1,090
32628	Cross City	9.2 mi	$1,050
32359	Steinhatchee	14.2 mi	$1,050
32692	Suwannee	14.8 mi	$1,090
32626	Chiefland	23.0 mi	$990
32625	Cedar Key	25.9 mi	$1,020

Questions

What is the Fair Market Rent for ZIP code 32648?

HUD's FY2027 Small Area Fair Market Rents for 32648 are $920 (studio), $950 (1 BR), $1,060 (2 BR), $1,400 (3 BR) and $1,400 (4 BR) a month.

What is the Section 8 payment standard in 32648?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 32648 that range is $954 to $1,166 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 32648?

The FY2026 income limits of the Dixie County, FL area apply: median family income $60,400, low-income (80%) limit $62,600 for a family of four.