HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Holmes County, Florida (FY 2026)
$1,078 a month. That's HUD's FY 2026 Fair Market Rent for a two-bedroom in Holmes County, and it's the baseline every voucher in Holmes is measured against.
2 bedroom FMR
$1,078
FY 2026, utilities included
Payment standard range
$970 to $1,186
90% to 110% of FMR
Income to afford 2BR
$43,120
per year, at 30% of income
Rank in Florida
61st of 67
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Holmes moves to $971. That's down 10%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Holmes actually rent for?
Search any address in Holmes for a rent estimate built from nearby comps, with the HUD figure right next to it.
FY 2026 Fair Market Rents
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2025 |
|---|---|---|---|---|---|
| Studio | $939 | $845 to $1,033 | $37,560 | $18.06/hr | +15.8% |
| 1 bedroom | $983 | $885 to $1,081 | $39,320 | $18.90/hr | +18.3% |
| 2 bedroom | $1,078 | $970 to $1,186 | $43,120 | $20.73/hr | +15.5% |
| 3 bedroom | $1,423 | $1,281 to $1,565 | $56,920 | $27.37/hr | +15.5% |
| 4 bedroom | $1,427 | $1,284 to $1,570 | $57,080 | $27.44/hr | +15.4% |
5 to 8 bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $1,641 | $1,477 to $1,805 |
| 6 bedroom Estimate | $1,855 | $1,670 to $2,041 |
| 7 bedroom Estimate | $2,069 | $1,862 to $2,276 |
| 8 bedroom Estimate | $2,283 | $2,055 to $2,511 |
Source: HUD Office of Policy Development and Research, FY 2026 Fair Market Rents. Rents include utilities. huduser.gov
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2026 that's October 1, 2025 through September 30, 2026. In Holmes, that runs from $939 for a studio up to $1,427 for four bedrooms, all five rates in the table above.
Because Holmes sits outside any HUD metro area, its rate is a county-wide figure built from local rents. One number covers every address in the county, Bonifay included.
Among Florida's 67 counties, Holmes ranks 61st for two-bedroom FMR. That's about 27% below the state median of $1,471 and about 6% above the national median county at $1,018. About 19,529 people live here, 55th in the state.
Rates by ZIP code
HUD also publishes Small Area FMRs by ZIP code. For the 3 ZIP codes it covers in Holmes, the two-bedroom rate is $1,090 across the board, so there's no ZIP-level story here.
What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Holmes somewhere between $970 and $1,186. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$1,078 a month is affordable, by HUD's 30% rule, on an income of roughly $43,120 a year. Put another way, $21 an hour full time.
Worked example for a two-bedroom, assuming the rent equals the payment standard. Tenant pays 30% of monthly income, HUD's housing assistance payment covers the rest.
| Monthly household income | Tenant pays (30%) | HAP at 90% ($970) | HAP at 100% ($1,078) | HAP at 110% ($1,186) |
|---|---|---|---|---|
| $2,500 | $750 | $220 | $328 | $436 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 16% from FY 2025 ($933) to FY 2026 ($1,078). Since FY 2020 it's up 47% in total, about 6.7% a year. The Florida median moved up 3% over the same year.
| Year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $551 | $555 | $731 | $911 | $1,283 | — |
| FY 2021 | $553 | $557 | $734 | $936 | $1,271 | +0.4% |
| FY 2022 | $581 | $585 | $757 | $985 | $1,296 | +3.1% |
| FY 2023 | $658 | $662 | $826 | $1,106 | $1,313 | +9.1% |
| FY 2024 | $785 | $793 | $905 | $1,201 | $1,205 | +9.6% |
| FY 2025 | $811 | $831 | $933 | $1,232 | $1,237 | +3.1% |
| FY 2026 | $939 | $983 | $1,078 | $1,423 | $1,427 | +15.5% |
| FY 2027 | $846 | $885 | $971 | $1,281 | $1,285 | -9.9% |
Nearby counties
Washington County
$1,01716 mi · pop 25,014
Walton County
$1,36429 mi · pop 76,618
Jackson County
$1,06835 mi · pop 47,704
Bay County
$1,68245 mi · pop 181,055
Calhoun County
$97348 mi · pop 13,753
Okaloosa County
$1,78551 mi · pop 212,021
Liberty County
$1,08366 mi · pop 7,704
Gadsden County
$1,35272 mi · pop 43,746
Questions people ask
$1,078 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $939 for a studio, $983 for one bedroom, $1,423 for three and $1,427 for four.
Tools for this county
Fair Market Rent lookup
Look up any ZIP code's Small Area FMR by bedroom count.
Section 8 rent calculator
Work out the payment standard and tenant share for a specific rent.
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords.
Rent affordability calculator
See what income a household needs for a given rent.
What does a rental in Holmes actually go for?
HUD's number is one input. Search any address in Holmes for a rent estimate built from nearby comps. 3 free searches, no card.
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