FY2026 Fair Market Rents — Panama City-Lynn Haven-Panama City Beach, FL HUD Metro FMR Area

The HUD-published Fair Market Rents for FY2026 in this area are:

Studio
$1,426
1BR
$1,480
2BR
$1,682
3BR
$2,169
4BR
$2,689
Hours/week at min wage
93 hrs
to afford the 2BR FMR @ $14.00/hr (FL)
National rank
#143
of 661 U.S. metros (top 22% most expensive)
YoY change (2BR)
+4.5%
+$73 vs FY2025 · 5-yr +54.6%
Voucher payment standard
$1,514–$1,850
PHAs set HCV payment at 90–110% of the 2BR FMR

Panama City-Lynn Haven-Panama City Beach, FL HUD Metro FMR Area

Metropolitan area · FL · View full history · Income limits · LIHTC rents

FY2026 Fair Market Rents

Bedroom Size Monthly FMR Annual Equivalent
Efficiency (Studio) $1,426 $17,112
1-Bedroom $1,480 $17,760
2-Bedroom $1,682 $20,184
3-Bedroom $2,169 $26,028
4-Bedroom $2,689 $32,268

Recent 2-Bedroom FMR Trend

FY2020 $939 → FY2026 $1,682
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2026 $1,426 $1,480 $1,682 $2,169 $2,689
FY2025 $1,367 $1,375 $1,609 $2,137 $2,702
FY2024 $1,269 $1,297 $1,523 $2,065 $2,585
FY2023 $1,053 $1,122 $1,299 $1,785 $2,213
FY2022 $903 $1,010 $1,170 $1,613 $1,983
FY2021 $855 $933 $1,088 $1,515 $1,784
FY2020 $735 $805 $939 $1,318 $1,480

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $98,900

AMI Level 1p 2p 3p 4p 5p 6p
30% AMI (Extremely Low) $20,800 $23,750 $27,320 $33,000 $38,680 $44,360
50% AMI (Very Low) $34,650 $39,600 $44,550 $49,450 $53,450 $57,400
80% AMI (Low) $55,400 $63,300 $71,200 $79,100 $85,450 $91,800

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR
$20,184/yr
FMR as % of Area Median Income
20.4% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$67,280/yr
$5,607/mo gross income

FY2026 LIHTC Maximum Rents

Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →

AMI Band Studio 1BR 2BR 3BR 4BR
50% AMI Maximum $865 $989 $1,112 $1,335 $1,434
60% AMI Maximum $1,038 $1,186 $1,335 $1,602 $1,720

FY2026 HOME Program Rent Limits

Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →

Limit Type Studio 1BR 2BR 3BR 4BR
High HOME Rent $1,426 $1,480 $1,607 $1,607 $1,607
Low HOME Rent $866 $990 $1,113 $1,236 $1,336

Compare Panama City-Lynn Haven-Panama City Beach, FL HUD Metro FMR Area With Other FL Metros

vs. Baker County, FL HUD Metro FMR Area vs. Cape Coral-Fort Myers, FL MSA vs. Crestview-Fort Walton Beach-Destin, FL HUD Metro FMR Area vs. Deltona-Daytona Beach-Ormond Beach, FL HUD Metro FMR Area vs. Fort Lauderdale, FL HUD Metro FMR Area

Counties in This FMR Area

Bay County

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