HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Jackson County, Florida (FY 2027)
HUD's FY 2027 Fair Market Rent for a two-bedroom in Jackson County is $962 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
Two-bedroom FMR
$962
-9.9% from FY 2026
Payment standard
$866–$1,058
90% to 110% of the FMR, two-bedroom
Income to afford
$38,480
a year, with rent at 30% of income
Rank in Florida
63rd of 67
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $724 | $652–$796 | $28,960 | $13.92/hr | -1.6% |
| 1 bedroom | $733 | $660–$806 | $29,320 | $14.10/hr | -10.0% |
| 2 bedroom | $962 | $866–$1,058 | $38,480 | $18.50/hr | -9.9% |
| 3 bedroom | $1,264 | $1,138–$1,390 | $50,560 | $24.31/hr | -10.0% |
| 4 bedroom | $1,273 | $1,146–$1,400 | $50,920 | $24.48/hr | -10.0% |
Five to eight 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 | $1,464 | $1,318–$1,610 |
| 6 bedroom Estimate | $1,655 | $1,490–$1,821 |
| 7 bedroom Estimate | $1,846 | $1,661–$2,031 |
| 8 bedroom Estimate | $2,037 | $1,833–$2,241 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in Jackson actually rent for?
Search any address in Jackson for a rent estimate built from nearby comps, with the HUD figure right next to it.
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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 Jackson somewhere between $866 and $1,058. 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.
$962 a month is affordable, by HUD's 30% rule, on an income of roughly $38,480 a year. Put another way, $19 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$866 | Voucher pays at 100%$962 | Voucher pays at 110%$1,058 |
|---|---|---|---|---|
| $2,500 | $750 | $116 | $212 | $308 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went down 10% from FY 2026 ($1,068) to FY 2027 ($962). Since FY 2020 it's up 30% in total, about 3.8% a year. The Florida median held flat over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $482 | $650 | $740 | $992 | $1,002 | — |
| FY 2021 | $484 | $621 | $734 | $974 | $995 | -0.8% |
| FY 2022 | $607 | $610 | $757 | $993 | $1,086 | +3.1% |
| FY 2023 | $658 | $663 | $826 | $1,079 | $1,157 | +9.1% |
| FY 2024 | $707 | $712 | $905 | $1,166 | $1,205 | +9.6% |
| FY 2025 | $640 | $711 | $933 | $1,199 | $1,237 | +3.1% |
| FY 2026 | $736 | $814 | $1,068 | $1,404 | $1,414 | +14.5% |
| FY 2027In effect | $724 | $733 | $962 | $1,264 | $1,273 | -9.9% |
About this rate
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 2027 that's October 1, 2026 through September 30, 2027. In Jackson, that runs from $724 for a studio up to $1,273 for four bedrooms, all five rates in the table above.
Because Jackson 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, Marianna included.
Among Florida's 67 counties, Jackson ranks 63rd for two-bedroom FMR. That's about 35% below the state median of $1,474 and about 10% below the national median county at $1,063. About 48,250 people live here, 42nd in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $970 in 32420 (Alford) and $1,150 in 32431 (Cottondale), with the 13 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 32420 | Alford | $970 | +0.8% |
| 32423 | Bascom | $1,140 | +18.5% |
| 32426 | Campbellton | $1,000 | +4.0% |
| 32431 | Cottondale | $1,150 | +19.5% |
| 32432 | Cypress | $990 | +2.9% |
| 32440 | Graceville | $980 | +1.9% |
| 32442 | Grand Ridge | $970 | +0.8% |
| 32443 | Greenwood | $990 | +2.9% |
| 32445 | Malone | $970 | +0.8% |
| 32446 | Marianna | $1,050 | +9.1% |
| 32447 | Marianna | $970 | +0.8% |
| 32448 | Marianna | $970 | +0.8% |
| 32460 | Sneads | $970 | +0.8% |
Nearby counties
Two-bedroom FMR, with how each compares to Jackson.
Calhoun County
26 mi · 13,492 people
$953
-1%
Washington County
33 mi · 25,529 people
$1,040
+8%
Holmes County
35 mi · 19,513 people
$971
+1%
Gadsden County
38 mi · 43,710 people
$1,424
+48%
Liberty County
41 mi · 7,687 people
$975
+1%
Bay County
49 mi · 186,393 people
$1,651
+72%
Leon County
60 mi · 297,542 people
$1,424
+48%
Walton County
60 mi · 82,948 people
$1,474
+53%
Questions people ask
$962 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $724 for a studio, $733 for one bedroom, $1,264 for three and $1,273 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
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
The income a household needs for a given rent
What does a rental in Jackson actually go for?
HUD's number is one input. Search any address in Jackson for a rent estimate built from nearby comps. Free to start, no card.
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