FY2027 Small Area FMR · Cocoa, FL
ZIP 32922 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 32922 (Cocoa, FL) is $1,310 a month, up 1.6% from FY2026. That is 26% below the Palm Bay-Melbourne-Titusville, FL area-wide FMR of $1,779.
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 32922 sits in the Palm Bay-Melbourne-Titusville, FL area
Of the 45 ZIP codes HUD lists for the area, 32922 has the 44th highest two-bedroom Small Area FMR. Palm Bay-Melbourne-Titusville, FL is one of the 65 metro areas where HUD requires Small Area FMRs for the Housing Choice Voucher program (designated 2016), so local housing agencies must set payment standards from this ZIP code's figure, normally between $1,179 and $1,441 for two bedrooms.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $980 | $882 – $1,078 | $1,327 | $960 |
| 1 bedroom | $1,120 | $1,008 – $1,232 | $1,525 | $1,120 |
| 2 bedrooms | $1,310 | $1,179 – $1,441 | $1,779 | $1,290 |
| 3 bedrooms | $1,750 | $1,575 – $1,925 | $2,382 | $1,760 |
| 4 bedrooms | $1,990 | $1,791 – $2,189 | $2,707 | $2,000 |
A household renting a two-bedroom home at the Small Area FMR of $1,310 needs about $52,400 a year to keep housing costs at 30% of income. The area median family income is $97,000 and the 80% low-income limit for four people is $79,700. ZIP code 32922 lies mainly in Brevard County. See the Palm Bay-Melbourne-Titusville, 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 32922?
HUD's FY2027 Small Area Fair Market Rents for 32922 are $980 (studio), $1,120 (1 BR), $1,310 (2 BR), $1,750 (3 BR) and $1,990 (4 BR) a month.
What is the Section 8 payment standard in 32922?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 32922 that range is $1,179 to $1,441 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 32922?
The FY2026 income limits of the Palm Bay-Melbourne-Titusville, FL area apply: median family income $97,000, low-income (80%) limit $79,700 for a family of four.