Walton County, FL

2024 Fair Market Rents

Tags: 2024 Walton County, FL HUD Metro FMR Area

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Return to the state page to see where Florida ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Walton County are Defuniak Springs, Santa Rosa Beach, Freeport, and Miramar Beach. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Walton County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Walton County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Walton County compare?

Walton County ($1,191) has a 12.4% lower FMR for 2-Bedroom housing than the average of Florida ($1,359) and therefore has a lower gross rent.

Walton County is rank 41st out of 67 counties. This means the FMRs, or in other words, the gross rent is lower than 40 other counties. Walton County is the 27th cheapest county in terms of FMRs.

Rent Tables Walton County, FL

Fair Market Rent (40th Percentile)

$944
studio
$1,061
1-Bedroom
$1,191
2-Bedroom
$1,598
3-Bedroom
$1,972
4-Bedroom

Median Rent (50th Percentile)

$1,089
studio
$1,224
1-Bedroom
$1,374
2-Bedroom
$1,843
3-Bedroom
$2,275
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
32422 $940 $1,060 $1,190 $1,600 $1,970
32433 $810 $910 $1,030 $1,350 $1,570
32435 $810 $910 $1,030 $1,350 $1,570
32439 $960 $1,080 $1,210 $1,620 $2,000
32459 $1,420 $1,590 $1,790 $2,400 $2,960
32550 $1,400 $1,580 $1,770 $2,370 $2,930
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
32422 $846 $954 $1,071 $1,440 $1,773
32433 $729 $819 $927 $1,215 $1,413
32435 $729 $819 $927 $1,215 $1,413
32439 $864 $972 $1,089 $1,458 $1,800
32459 $1,278 $1,431 $1,611 $2,160 $2,664
32550 $1,260 $1,422 $1,593 $2,133 $2,637
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
32422 $1,034 $1,166 $1,309 $1,760 $2,167
32433 $891 $1,001 $1,133 $1,485 $1,727
32435 $891 $1,001 $1,133 $1,485 $1,727
32439 $1,056 $1,188 $1,331 $1,782 $2,200
32459 $1,562 $1,749 $1,969 $2,640 $3,256
32550 $1,540 $1,738 $1,947 $2,607 $3,223

Fair Market Rents on this page apply to the following cities in Walton County, Florida: Defuniak Springs, Santa Rosa Beach, Freeport, Miramar Beach, Argyle, and Paxton.

These Fair Market Rents also apply to the following ZIP codes in Walton County, Florida: 32433, 32459, 32439, 32550, 32435, 32422, and 32538.

Walton County, FL is considered part of the following metro FMR area: WALTON COUNTY, FL HUD METRO FMR AREA.

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.