Bay County, FL fair market rent
Panama City, FL HUD Metro FMR Area · FY2027 · upcoming · effective October 1, 2026
Illustrative 90–110% range $1,486–$1,816 · -1.8% from FY2026
Gross rent including tenant-paid utilities. The range is HUD's basic payment-standard band, not your PHA's adopted standard or your voucher payment; your PHA's effective date may differ. Metro FMR area. U.S. county median 2BR $1,056.
Your housing authority's payment standard: not verified on this page.
Confirm the amount, bedroom size, utility allowance and effective date for the unit's address before relying on it.
Find your housing authority| Unit | FY2027 | FY2026 | Change |
|---|---|---|---|
| Studio | $1,414 | $1,426 | -0.8% |
| 1 bedroom | $1,517 | $1,480 | +2.5% |
| 2 bedrooms | $1,651 | $1,682 | -1.8% |
| 3 bedrooms | $2,101 | $2,169 | -3.1% |
| 4 bedrooms | $2,567 | $2,689 | -4.5% |
All Florida areasHow payment standards work
Source: HUD Fair Market Rent data, FMR_All_1983_2027.csv, retrieved 2026-09-19.
2-bedroom FMR, last 11 years
- FY17$949
- FY18$995
- FY19$1,011
- FY20$939
- FY21$1,088
- FY22$1,170
- FY23$1,299
- FY24$1,523
- FY25$1,609
- FY26$1,682
- FY27$1,651
HUD's fiscal year runs October to September, so the FY2027 figure applies from October 1, 2026. The FMR is the 40th-percentile gross rent (rent plus tenant-paid utilities) for standard-quality units, from Census ACS data trended forward with recent rent surveys. It is not a rent cap for private landlords. Data & method
Small Area FMRs by ZIP code
22 ZIPs in Panama City, FL HUD Metro FMR Area- ZIP 32401Studio $1,290 · 1BR $1,340 · 3BR $1,960 · 4BR $2,430
- ZIP 32402Studio $1,410 · 1BR $1,520 · 3BR $2,100 · 4BR $2,570
- ZIP 32403Studio $2,010 · 1BR $2,160 · 3BR $2,990 · 4BR $3,650
- ZIP 32404Studio $1,340 · 1BR $1,440 · 3BR $2,000 · 4BR $2,440
- ZIP 32405Studio $1,420 · 1BR $1,520 · 3BR $2,110 · 4BR $2,580
- ZIP 32406Studio $1,410 · 1BR $1,520 · 3BR $2,100 · 4BR $2,570
- ZIP 32407Studio $1,800 · 1BR $1,930 · 3BR $2,670 · 4BR $3,260
- ZIP 32408Studio $1,410 · 1BR $1,520 · 3BR $2,100 · 4BR $2,570
- ZIP 32409Studio $1,290 · 1BR $1,340 · 3BR $1,960 · 4BR $2,430
- ZIP 32410Studio $1,810 · 1BR $1,940 · 3BR $2,690 · 4BR $3,280
- ZIP 32411Studio $1,410 · 1BR $1,520 · 3BR $2,100 · 4BR $2,570
- ZIP 32412Studio $1,410 · 1BR $1,520 · 3BR $2,100 · 4BR $2,570
- ZIP 32413Studio $1,590 · 1BR $1,710 · 3BR $2,370 · 4BR $2,890
- ZIP 32417Studio $1,410 · 1BR $1,520 · 3BR $2,100 · 4BR $2,570
- ZIP 32428Studio $1,290 · 1BR $1,340 · 3BR $1,960 · 4BR $2,430
- ZIP 32437Studio $1,290 · 1BR $1,340 · 3BR $1,960 · 4BR $2,430
- ZIP 32438Studio $1,290 · 1BR $1,340 · 3BR $1,960 · 4BR $2,430
- ZIP 32444Studio $1,470 · 1BR $1,580 · 3BR $2,190 · 4BR $2,670
- ZIP 32456Studio $1,320 · 1BR $1,340 · 3BR $2,070 · 4BR $2,430
- ZIP 32462Studio $1,290 · 1BR $1,340 · 3BR $1,960 · 4BR $2,430
- ZIP 32465Studio $1,290 · 1BR $1,340 · 3BR $1,960 · 4BR $2,430
- ZIP 32466Studio $1,290 · 1BR $1,340 · 3BR $1,960 · 4BR $2,430