2025 FMR And Section 8 Rents For Wakulla County FL

Section 8 is a federal program that guarantees monthly rent payments to landlords. The U.S. Department of Housing and Urban Development (HUD) publishes Fair Market Rents, which are 40th percentile averages of local rents, to determine their standard payment amount.

Use our Section 8 rents table to find the best market for Section 8 investment. See Section 8 rents in each zip code of wakulla-county, FL.

Typically, the government guarantees 70% of the rent payment, and the tenant pays the remaining 30%. Section 8 tenants typically stay in their units 6-7x longer than regular tenants.

Zip CodeStudio1 Bed2 Bed3 Bed4 Bed
71028$1410$1560$1760$2240$2520
71030$940$1046$1176$1494$1685
71027$940$1046$1176$1494$1685
71024$940$1050$1180$1500$1690
71029$940$1046$1176$1494$1685

Zip Code:

71028

Studio Rent:

$1410

1 Bedroom Rent:

$1560

2 Bedroom Rent:

$1760

3 Bedroom Rent:

$2240

4 Bedroom Rent:

$2520

Zip Code:

71030

Studio Rent:

$940

1 Bedroom Rent:

$1046

2 Bedroom Rent:

$1176

3 Bedroom Rent:

$1494

4 Bedroom Rent:

$1685

Zip Code:

71027

Studio Rent:

$940

1 Bedroom Rent:

$1046

2 Bedroom Rent:

$1176

3 Bedroom Rent:

$1494

4 Bedroom Rent:

$1685

Zip Code:

71024

Studio Rent:

$940

1 Bedroom Rent:

$1050

2 Bedroom Rent:

$1180

3 Bedroom Rent:

$1500

4 Bedroom Rent:

$1690

Zip Code:

71029

Studio Rent:

$940

1 Bedroom Rent:

$1046

2 Bedroom Rent:

$1176

3 Bedroom Rent:

$1494

4 Bedroom Rent:

$1685

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Frequently Asked Section 8 Investing Questions

Fair Market Rent (FMR): HUD sets FMR by bedroom size for each area.

Payment Standard: The local PHA sets this between 90–110% of the FMR. It's the max PHA assistance.

Gross Rent: Contract rent (charged by landlord) + utility allowance (estimated tenant utility costs). Must fit payment standard limits.

Housing Assistance Payment (HAP):

The PHA pays the lower of:

  • Payment standard - Tenant's Total Tenant Payment (TTP).
  • Gross rent - TTP.

Example:

  • Payment standard: $1,500
  • Contract rent: $1,400
  • Utility allowance: $100
  • Tenant's TTP: $400
  • Gross rent: $1,500 ($1,400 + $100).
  • HAP: $1,100 (lower of $1,500 - $400 or $1,500 - $400).

Landlord receives $1,100 (PHA) + $400 (tenant) = $1,500 total.