FY2027 Small Area FMR · Otter Creek, FL

ZIP 32683 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 32683 (Otter Creek, FL) is $990 a month, down 1.0% from FY2026. That is 4% above the Levy County, FL area-wide FMR of $954.

2-bedroom SAFMR$990per month ▼ 1.0%

Area-wide 2 BR FMR$954Levy County, FL

Rank in the area10thof 14 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$891

2 BR Small Area FMR$990

110% of SAFMR$1,089

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

Studio$710▼ 5.3%

1 BR$850■ 0.0%

2 BR$990▼ 1.0%

3 BR$1,220▼ 3.9%

4 BR$1,300▼ 1.5%

FY2027 FY2026

Where 32683 sits in the Levy County, FL area

Of the 14 ZIP codes HUD lists for the area, 32683 has the 10th highest two-bedroom Small Area FMR. Levy 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 $954 for two bedrooms; an agency that opts in to Small Area FMRs would use $990 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	$710	$639 – $781	$683	$750
1 bedroom	$850	$765 – $935	$824	$850
2 bedrooms	$990	$891 – $1,089	$954	$1,000
3 bedrooms	$1,220	$1,098 – $1,342	$1,176	$1,270
4 bedrooms	$1,300	$1,170 – $1,430	$1,254	$1,320

A household renting a two-bedroom home at the Small Area FMR of $990 needs about $39,600 a year to keep housing costs at 30% of income. The area median family income is $68,800 and the 80% low-income limit for four people is $62,600. ZIP code 32683 lies mainly in Levy County. See the Levy County, FL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
32639	Gulf Hammock	6.5 mi	$960
32626	Chiefland	11.2 mi	$990
32625	Cedar Key	13.8 mi	$1,020
32621	Bronson	13.9 mi	$950
34449	Inglis	16.5 mi	$1,110
34498	Yankeetown	18.5 mi	$1,210

Questions

What is the Fair Market Rent for ZIP code 32683?

HUD's FY2027 Small Area Fair Market Rents for 32683 are $710 (studio), $850 (1 BR), $990 (2 BR), $1,220 (3 BR) and $1,300 (4 BR) a month.

What is the Section 8 payment standard in 32683?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 32683 that range is $891 to $1,089 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 32683?

The FY2026 income limits of the Levy County, FL area apply: median family income $68,800, low-income (80%) limit $62,600 for a family of four.