Wakulla County, FL: Fair Market Rent 2027 and Income Limits

Official HUD figures for landlords and renters, effective October 1, 2026 (rents) and May 1, 2026 (income limits).

$1,2832-bedroom FMR, FY2027

$1,1401-bedroom FMR, FY2027

$80,30080% income limit, family of 4 (FY2026)

$100,400Median family income (FY2026)

The FY2027 Fair Market Rent for a two-bedroom unit in Wakulla County is $1,283 a month, up 7.0% from $1,199 in FY2026. Wakulla County belongs to the Wakulla County, FL HUD Metro FMR Area FMR area, so the same figures apply across that area. FMRs are gross rents: rent plus all tenant-paid utilities except phone, cable and internet.

Fair market rent in Wakulla County by bedroom count

Unit size	FY2027 FMR	FY2026 FMR	Change	Payment standard range (90–110%)
Studio	$1,073	$979	+9.6%	$966 – $1,180
1 bedroom	$1,140	$1,073	+6.2%	$1,026 – $1,254
2 bedrooms	$1,283	$1,199	+7.0%	$1,155 – $1,411
3 bedrooms	$1,529	$1,561	−2.0%	$1,377 – $1,681
4 bedrooms	$1,686	$1,588	+6.2%	$1,518 – $1,854

Source: HUD Fair Market Rents FY2027 (effective October 1, 2026) and FY2026 (revised file), details.

What can a landlord charge a Section 8 tenant here?

The FMR is not a cap on what you can ask on the open market. For a Housing Choice Voucher tenant, the local housing authority sets a payment standard, normally between 90% and 110% of the FMR (or of the ZIP-level Small Area FMR where those apply). For a two-bedroom unit in Wakulla County that is typically $1,155 to $1,411 including utilities. You can charge more than the payment standard if the rent passes the housing authority's rent-reasonableness test and, at move-in, the tenant's share stays within 40% of their adjusted monthly income. Ask the housing authority for its current payment standard schedule.

Can local renters afford the fair market rent?

$42,210median income of renter households

$1,108Median gross rent, all units

31%Rent-to-income ratio (median rent ÷ median renter income)

52%of renter households pay 30% or more of income on rent

At the 30% rule, a renter household earning the local median of $42,210 can afford about $1,055 a month including utilities. The FY2027 two-bedroom Fair Market Rent of $1,283 is $228 (21.6%) more than that. To rent a two-bedroom at the FMR, a household needs $51,320 a year under the 30% rule, or $46,188 under the common landlord rule that income must be three times the rent.

Wakulla County, ACS 2020–2024	Estimate ± MOE
Median gross rent (rent + utilities)	$1,108 ±$97
Median income of renter households	$42,210 ±$12,278
Renters paying 30% or more of income (cost-burdened)	52.2% ±13.1
Renters paying 50% or more (severely cost-burdened)	22.6% ±12.3
Renter households (where the share can be computed)	1,868

Change since 2015–2019

	ACS 2015–2019	ACS 2020–2024	Change
Median gross rent	$896	$1,108	+23.7%
Median renter household income	$34,503	$42,210	+22.3%
Renters paying 30%+ of income	50.9%	52.2%	+1.3 pts

Rent-to-income calculator: does an applicant qualify? → · Most affordable counties to rent in this state →

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates 2020–2024 and 2015–2019 (tables B25064, B25119, B25070). ± = margin of error at 90% confidence. Dollar figures are not adjusted for inflation.

Small Area FMRs by ZIP code (FY2027)

In metro areas HUD also publishes ZIP-level Small Area Fair Market Rents. Housing authorities in designated areas must use them for voucher payment standards; others may opt in. Here the two-bedroom SAFMR ranges from $1,110 to $1,360 depending on the ZIP code.

All 5 ZIP codes in this FMR area

ZIP	0 BR	1 BR	2 BR	3 BR	4 BR
32326	$1,070	$1,140	$1,280	$1,530	$1,680
32327	$1,050	$1,120	$1,260	$1,510	$1,660
32346	$1,120	$1,220	$1,360	$1,800	$1,890
32355	$1,050	$1,120	$1,260	$1,500	$1,660
32358	$970	$1,010	$1,110	$1,420	$1,500

Source: HUD FY2027 Small Area FMRs (effective October 1, 2026).

HUD income limits for Wakulla County (FY2026)

Income limits decide who qualifies for Section 8 vouchers, public housing and most HUD-assisted units. The area median family income is $100,400 (FY2025: $92,700, +8.3%). Small figures under each limit show the change from FY2025.

Household size	1 person	2 people	3 people	4 people	5 people	6 people	7 people	8 people
Extremely low income (30%)	$21,100 +8.2%	$24,100 +8.3%	$27,320 +2.5%	$33,000 +2.6%	$38,680 +2.7%	$44,360 +2.8%	$50,040 +2.9%	$55,720 +2.9%
Very low income (50%)	$35,150 +8.3%	$40,200 +8.4%	$45,200 +8.3%	$50,200 +8.3%	$54,250 +8.3%	$58,250 +8.3%	$62,250 +8.3%	$66,300 +8.3%
Low income (80%)	$56,250 +8.3%	$64,250 +8.3%	$72,300 +8.3%	$80,300 +8.3%	$86,750 +8.3%	$93,150 +8.3%	$99,600 +8.3%	$106,000 +8.3%

The 30% limit is HUD's “extremely low income” limit: the higher of 30% of median income or the federal poverty guideline, but never above the 50% limit. That is why it can rise faster than 30% of median for larger households. Tax-credit (LIHTC) properties use separate Multifamily Tax Subsidy Project limits.

Source: HUD Section 8 Income Limits FY2026 (effective May 1, 2026) and FY2025, details.