FY2027 Small Area FMR · Ocala, FL

ZIP 34474 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 34474 (Ocala, FL) is $1,840 a month, up 2.2% from FY2026. That is 32% above the Ocala, FL area-wide FMR of $1,394.

2-bedroom SAFMR$1,840per month ▲ 2.2%

Area-wide 2 BR FMR$1,394Ocala, FL

Rank in the area1stof 45 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,656

2 BR Small Area FMR$1,840

110% of SAFMR$2,024

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

Studio$1,580▲ 6.8%

1 BR$1,590▲ 3.2%

2 BR$1,840▲ 2.2%

3 BR$2,420▲ 4.3%

4 BR$2,540▲ 1.6%

FY2027 FY2026

Where 34474 sits in the Ocala, FL area

Of the 45 ZIP codes HUD lists for the area, 34474 has the 1st highest two-bedroom Small Area FMR. Ocala, 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 $1,394 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,840 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	$1,580	$1,422 – $1,738	$1,194	$1,480
1 bedroom	$1,590	$1,431 – $1,749	$1,201	$1,540
2 bedrooms	$1,840	$1,656 – $2,024	$1,394	$1,800
3 bedrooms	$2,420	$2,178 – $2,662	$1,836	$2,320
4 bedrooms	$2,540	$2,286 – $2,794	$1,925	$2,500

A household renting a two-bedroom home at the Small Area FMR of $1,840 needs about $73,600 a year to keep housing costs at 30% of income. The area median family income is $84,000 and the 80% low-income limit for four people is $67,200. ZIP code 34474 lies mainly in Marion County. See the Ocala, FL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
34471	Ocala	4.7 mi	$1,430
34476	Ocala	5.2 mi	$1,620
34481	Ocala	6.5 mi	$1,360
34482	Ocala	7.3 mi	$1,240
34475	Ocala	7.5 mi	$1,240
34470	Ocala	7.9 mi	$1,320

Questions

What is the Fair Market Rent for ZIP code 34474?

HUD's FY2027 Small Area Fair Market Rents for 34474 are $1,580 (studio), $1,590 (1 BR), $1,840 (2 BR), $2,420 (3 BR) and $2,540 (4 BR) a month.

What is the Section 8 payment standard in 34474?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 34474 that range is $1,656 to $2,024 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 34474?

The FY2026 income limits of the Ocala, FL area apply: median family income $84,000, low-income (80%) limit $67,200 for a family of four.