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Fair market rents · FY2026

Okaloosa County Fair Market Rents

HUD Fair Market Rents for Okaloosa County, Florida — a fiscal-year 2026 2-bedroom FMR of $1,785 per month, the payment-standard basis for Section 8 vouchers, with every unit size and a four-year trend.

$1,362
Studio · FY2026
$1,581
1 bedroom · FY2026
$1,785
2 bedroom · FY2026
$2,448
3 bedroom · FY2026
Unit sizeFair market rent (FY2026)
Studio (0 BR)$1,362
1 bedroom$1,581
2 bedroom$1,785
3 bedroom$2,448
4 bedroom$2,979
2-bedroom fair market rent, by fiscal yearFY2023 – FY2026
$1,314FY23$1,526FY24$1,571FY25$1,785FY26

Fair Market Rent (FMR) is HUD's estimate of the monthly rent (including utilities except telephone, cable, and internet) for a modest unit — set at roughly the 40th percentile of area rents — and is the basis for Housing Choice Voucher (Section 8) payment standards. It is a standard, not the average rent people actually pay.

What do homes sell for here? Median home-sale prices, inventory and homes sold in Okaloosa County — monthly since 2017, provided by Redfin, a national real estate brokerage. See the Okaloosa County housing market →

Okaloosa County fair market rents — FAQ

What is the fair market rent in Okaloosa County?+

For fiscal year 2026, HUD's Fair Market Rents in Okaloosa County, Florida are $1,362 for a studio, $1,581 for a 1-bedroom, $1,785 for a 2-bedroom, $2,448 for a 3-bedroom, and $2,979 for a 4-bedroom.

What is Fair Market Rent used for?+

HUD Fair Market Rents set the payment standards for the Housing Choice Voucher (Section 8) program and other HUD programs. They estimate the rent (including most utilities) for a modest unit at about the 40th percentile of area rents — a benchmark, not the average rent actually paid.

Where does this data come from?+

Figures are HUD's published Fair Market Rents (U.S. Department of Housing and Urban Development), public-domain data. pumsdata is independent and not affiliated with HUD.