Okaloosa County fair market rent FY 2027Florida, HUD studio to 4 bedrooms
HUD's FY 2027 Fair Market Rent for a two-bedroom home in Okaloosa County, Florida is $1,908 a month, effective October 1, 2026: $1,421 for a studio, $1,706 for one bedroom, $2,616 for three and $3,189 for four. It is set for the Crestview-Fort Walton Beach-Destin, FL HUD Metro FMR Area. The FY 2026 two-bedroom FMR was $1,785 (+6.9%).
Okaloosa County Fair Market Rents by bedrooms
| Bedrooms | FY 2027 | FY 2026 | Change | Payment standard basic range |
|---|---|---|---|---|
| Studio | $1,421 | $1,362 | +4.3% | $1,278 to $1,563 |
| 1 bedroom | $1,706 | $1,581 | +7.9% | $1,535 to $1,876 |
| 2 bedrooms | $1,908 | $1,785 | +6.9% | $1,717 to $2,098 |
| 3 bedrooms | $2,616 | $2,448 | +6.9% | $2,354 to $2,877 |
| 4 bedrooms | $3,189 | $2,979 | +7.0% | $2,870 to $3,507 |
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 Okaloosa County compares
Okaloosa County's two-bedroom FMR of $1,908 is the 18th 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; Okaloosa County ranks 159th.
Small Area FMRs and ZIP codes
HUD also publishes Small Area FMRs by ZIP code for metropolitan areas. For the Crestview-Fort Walton Beach-Destin, FL HUD Metro FMR Area it lists 18 ZIP codes, with two-bedroom Small Area FMRs from $1,610 to $2,530. 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
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Questions about Okaloosa County fair market rent
What is the fair market rent in Okaloosa County for FY 2027?
$1,421 for a studio, $1,706 for one bedroom, $1,908 for two, $2,616 for three and $3,189 for four bedrooms a month. FY 2027 runs from October 1, 2026 to September 30, 2027.
What was the fair market rent in Okaloosa County for FY 2026?
$1,362 for a studio, $1,581 for one bedroom, $1,785 for two, $2,448 for three and $2,979 for four bedrooms (FY 2026, October 1, 2025 to September 30, 2026).
What is the Section 8 voucher amount for a 2 bedroom in Okaloosa County?
The housing agency sets a payment standard, usually within the basic range of 90 to 110 percent of the FMR: $1,717 to $2,098 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 Okaloosa County's fair market rent high for Florida?
$1,908 for two bedrooms ranks 18th 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/okaloosa-county. Fair Market Rents are HUD program figures, not an appraisal of any unit's rent.