Indian River County fair market rent FY 2027Florida, HUD studio to 4 bedrooms
HUD's FY 2027 Fair Market Rent for a two-bedroom home in Indian River County, Florida is $1,542 a month, effective October 1, 2026: $1,171 for a studio, $1,179 for one bedroom, $1,882 for three and $2,577 for four. It is set for the Sebastian-Vero Beach-West Vero Corridor, FL MSA. The FY 2026 two-bedroom FMR was $1,604 (-3.9%).
Indian River County Fair Market Rents by bedrooms
| Bedrooms | FY 2027 | FY 2026 | Change | Payment standard basic range |
|---|---|---|---|---|
| Studio | $1,171 | $1,214 | -3.5% | $1,053 to $1,288 |
| 1 bedroom | $1,179 | $1,222 | -3.5% | $1,061 to $1,296 |
| 2 bedrooms | $1,542 | $1,604 | -3.9% | $1,387 to $1,696 |
| 3 bedrooms | $1,882 | $1,956 | -3.8% | $1,693 to $2,070 |
| 4 bedrooms | $2,577 | $2,691 | -4.2% | $2,319 to $2,834 |
Monthly gross rent (rent plus tenant-paid utilities except telephone). FY 2027 runs October 1, 2026 to September 30, 2027. The payment standard basic range is 90 to 110 percent of the FMR (24 CFR 982.503(c)); the local housing agency sets the actual payment standard.
How Indian River County compares
Indian River County's two-bedroom FMR of $1,542 is the 32nd highest of 67 counties in Florida, where the county median is $1,474 and the range $953 to $2,564. Across all 3,144 US counties the median two-bedroom FMR is $1,071; Indian River County ranks 472nd.
Small Area FMRs and ZIP codes
HUD also publishes Small Area FMRs by ZIP code for metropolitan areas. For the Sebastian-Vero Beach-West Vero Corridor, FL MSA it lists 17 ZIP codes, with two-bedroom Small Area FMRs from $1,250 to $2,310. This area is not one of HUD's designated Small Area FMR areas, so agencies use the area-wide FMR above unless they opt in.
Look up any ZIP code: fair market rent by ZIP code.
Fair market rents in nearby counties
All Florida counties · Fair market rents in every state
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Check a Indian River County property
HeritageDeed does not search title records in Indian River County yet; the counties it covers are listed under title search coverage, where a title report is $49 per report. For any US address, the Environmental Records Report lists Superfund, hazardous waste, leaking tank and brownfield sites nearby, with the flood zone.
Questions about Indian River County fair market rent
What is the fair market rent in Indian River County for FY 2027?
$1,171 for a studio, $1,179 for one bedroom, $1,542 for two, $1,882 for three and $2,577 for four bedrooms a month. FY 2027 runs from October 1, 2026 to September 30, 2027.
What was the fair market rent in Indian River County for FY 2026?
$1,214 for a studio, $1,222 for one bedroom, $1,604 for two, $1,956 for three and $2,691 for four bedrooms (FY 2026, October 1, 2025 to September 30, 2026).
What is the Section 8 voucher amount for a 2 bedroom in Indian River County?
The housing agency sets a payment standard, usually within the basic range of 90 to 110 percent of the FMR: $1,387 to $1,696 for two bedrooms here. The voucher then pays the lower of the payment standard or the gross rent, minus the family's total tenant payment, usually 30 percent of adjusted monthly income (24 CFR 982.505 and 5.628). The local housing agency publishes its own schedule.
Does fair market rent include utilities?
Yes. HUD's rule defines Fair Market Rents as "estimates of rent plus the cost of utilities, except telephone", set at the 40th percentile of rents for standard-quality units rented by recent movers (24 CFR 888.113).
Is Indian River County's fair market rent high for Florida?
$1,542 for two bedrooms ranks 32nd of 67 counties in Florida; the state's county median is $1,474 (range $953 to $2,564) and the national county median is $1,071.
Legal references
- 24 CFR 888.113, Fair market rents for existing housing: methodology
- 24 CFR 982.503, Voucher tenancy: payment standard amount and schedule
- 24 CFR 982.505, How to calculate housing assistance payment
JSON: /api/data/fair-market-rent/florida/indian-river-county. Fair Market Rents are HUD program figures, not an appraisal of any unit's rent.