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Section 8 rent in Walton County, FL

FY2025 HUD Small Area Fair Market Rents for the Walton County, FL HUD Metro FMR Area, covering 14 ZIP codes.

$1,438Avg 2BR FMR / mo
$1,582Avg 2BR at 110% Standard
14ZIP Codes

Fair market rent by bedroom count

Base SAFMR across all ZIP codes in this market. Housing authorities may set payment standards between 90% and 110% of these rates.

BedroomsLowest ZIPAverageHighest ZIPAvg 110% Standard
Studio$850$1,141$1,460$1,256
1 Bedroom$960$1,272$1,660$1,399
2 Bedrooms$1,080$1,438$1,860$1,582
3 Bedrooms$1,440$1,971$2,590$2,169
4 Bedrooms$1,780$2,409$3,130$2,649

Small multifamily Section 8 income

Estimated gross monthly and annual rent for 2-to-4 unit properties, assuming every unit is rented to Section 8 at this market's average fair market rent. Small multifamily is a favorite for long-term buy-and-hold investors stacking stable voucher income across multiple doors.

Property TypeUnit MixGross Monthly RentGross Annual Rent
Duplex2 × 2BR$2,876$34,512
Triplex3 × 2BR$4,314$51,768
Fourplex4 × 2BR$5,752$69,024
Fourplex4 × 3BR$7,884$94,608

Gross scheduled rent before vacancy, maintenance and management. Run any Florida multifamily listing through RealG to model it against real operating costs, or try the rental property calculator.

Highest-paying ZIP codes

Top 14 of 14 ZIP codes in this market, ranked by 2-bedroom SAFMR.

ZIP Code1BR2BR3BR4BR
32578 $1,660 $1,860 $2,590 $3,130
32461 $1,640 $1,820 $2,550 $3,060
32550 $1,640 $1,820 $2,550 $3,060
32459 $1,560 $1,730 $2,420 $2,910
32413 $1,470 $1,720 $2,280 $2,890
32539 $1,240 $1,390 $1,930 $2,330
32433 $1,190 $1,380 $1,860 $2,310
32462 $1,170 $1,380 $1,860 $2,330
32567 $1,190 $1,380 $1,860 $2,310
32422 $1,090 $1,210 $1,700 $2,030
32439 $1,080 $1,200 $1,680 $2,020
32435 $960 $1,080 $1,440 $1,780
32455 $960 $1,080 $1,440 $1,780
32464 $960 $1,080 $1,440 $1,780

Quick cash flow check

Free Tool

Estimate monthly cash flow renting to Section 8 at this market's average fair market rent.

Section 8 rent (avg FMR)—
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30-year fixed. Taxes and insurance estimated at 1.5% and 0.5% of price per year. Before vacancy, maintenance and management. For a full itemized analysis, run this market in RealG.

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Frequently asked questions

How much does Section 8 pay for a 2-bedroom in Walton County, FL?
For FY2025, the average 2-bedroom Small Area Fair Market Rent in the Walton County, FL HUD Metro FMR Area is $1,438 per month, ranging from $1,080 to $1,860 depending on ZIP code. Local housing authorities may set payment standards between 90% and 110% of these rates, so the average 2-bedroom payment standard can reach $1,582.
What is a Small Area Fair Market Rent (SAFMR)?
SAFMRs are fair market rents that HUD publishes at the ZIP code level instead of one rate for a whole metro area. They reflect what modest rental housing actually costs in each ZIP, which means higher payment standards in more expensive neighborhoods. Housing choice voucher payments in this market are based on these rates.
Why do rents vary so much between ZIP codes here?
In Walton County, FL, 2-bedroom SAFMRs run from $1,080 to $1,860 per month. HUD sets each ZIP's rate from local rent data, so neighborhoods with stronger rental markets get higher voucher payment standards. For investors, the spread matters: the same house price can produce very different Section 8 rents a few ZIP codes apart.
How do I find Section 8 investment properties in Florida?
RealG searches live listings across Florida, runs Section 8 numbers on every property using these HUD rates, and grades each deal A through D against your buying criteria. You can start free with no credit card and see graded deals in this market in minutes.

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