FY2027 Small Area FMR · Vero Beach, FL
ZIP 32964 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 32964 (Vero Beach, FL) is $1,540 a month, down 3.8% from FY2026. That is 0% equal to the Sebastian-Vero Beach-West Vero Corridor, FL area-wide FMR of $1,542.
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 32964 sits in the Sebastian-Vero Beach-West Vero Corridor, FL area
Of the 17 ZIP codes HUD lists for the area, 32964 has the 8th highest two-bedroom Small Area FMR. Sebastian-Vero Beach-West Vero Corridor, 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 $1,542 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,540 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,170 | $1,053 – $1,287 | $1,171 | $1,210 |
| 1 bedroom | $1,180 | $1,062 – $1,298 | $1,179 | $1,220 |
| 2 bedrooms | $1,540 | $1,386 – $1,694 | $1,542 | $1,600 |
| 3 bedrooms | $1,880 | $1,692 – $2,068 | $1,882 | $1,950 |
| 4 bedrooms | $2,570 | $2,313 – $2,827 | $2,577 | $2,680 |
A household renting a two-bedroom home at the Small Area FMR of $1,540 needs about $61,600 a year to keep housing costs at 30% of income. The area median family income is $105,200 and the 80% low-income limit for four people is $81,800. ZIP code 32964 lies mainly in Indian River County. See the Sebastian-Vero Beach-West Vero Corridor, 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 32964?
HUD's FY2027 Small Area Fair Market Rents for 32964 are $1,170 (studio), $1,180 (1 BR), $1,540 (2 BR), $1,880 (3 BR) and $2,570 (4 BR) a month.
What is the Section 8 payment standard in 32964?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 32964 that range is $1,386 to $1,694 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 32964?
The FY2026 income limits of the Sebastian-Vero Beach-West Vero Corridor, FL area apply: median family income $105,200, low-income (80%) limit $81,800 for a family of four.