Metro FMR area · FL · HUD FY 2027

Sebastian-Vero Beach-West Vero Corridor, FL Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Sebastian-Vero Beach-West Vero Corridor, FL area is $1,542 a month, 21% below the Florida average and 12% below the U.S. average of $1,761. ZIP-level Small Area FMRs for its 17 ZIP codes range from $1,250 to $2,310.

$1,5422-bedroom FMR−$62 (−3.9%) vs FY 2026
$1,1791-bedroom FMRU.S.: $1,478
$61,680Income for a 2-bedroomat 30% of income
166,936Residents1 county

Can you afford the Fair Market Rent here?

Uses the common 30%-of-gross-income guideline. Results update as you type and stay in your browser.

Household income ($ per year, before tax)

Default: the income a 2-bedroom here needs at 30%.

Unit size

Rent you can afford at 30% of income$1,542/month

2-bedroom Fair Market Rent and the income it needs
Area	Fair Market Rent	Income needed	Share of your income
Sebastian-Vero Beach-West Vero Corridor, FL FMR	$1,542	$61,680	–
Florida average	$1,962	$78,474	–
U.S. average	$1,761	$70,432	–

Sebastian-Vero Beach-West Vero Corridor, FL Fair Market Rents, FY 2027 vs FY 2026
Unit	Sebastian-Vero Beach-West Vero Corridor, FL FY 2027	FY 2026	Change	Florida avg	U.S. avg	Income needed
Studio	$1,171	$1,214	−$43 (−3.5%)	$1,566	$1,379	$46,840
1 bedroom	$1,179	$1,222	−$43 (−3.5%)	$1,665	$1,478	$47,160
2 bedrooms	$1,542	$1,604	−$62 (−3.9%)	$1,962	$1,761	$61,680
3 bedrooms	$1,882	$1,956	−$74 (−3.8%)	$2,532	$2,266	$75,280
4 bedrooms	$2,577	$2,691	−$114 (−4.2%)	$2,947	$2,607	$103,080

Counties in this FMR area

Counties in the Sebastian-Vero Beach-West Vero Corridor, FL FMR area
County	Residents in area
Indian River County, FL	166,936

Small Area FMRs by ZIP code

Small Area FMRs apply to Housing Choice Vouchers where HUD requires them or the housing authority opts in; otherwise the metro FMR above applies. The median ZIP’s 2-bedroom SAFMR is $1,540.

Filter ZIP codes

FY 2027 Small Area Fair Market Rents, Sebastian-Vero Beach-West Vero Corridor, FL
ZIP	Studio	1BR	2BR	3BR	4BR	2BR vs FY 2026	2BR vs area FMR
32948	$950	$960	$1,250	$1,530	$2,090	−$20 (−1.6%)	19% below
32957	$1,170	$1,180	$1,540	$1,880	$2,570	−$60 (−3.8%)	about the same as
32958	$1,250	$1,260	$1,650	$2,010	$2,760	−$90 (−5.2%)	7% above
32960	$1,100	$1,100	$1,450	$1,770	$2,430	−$40 (−2.7%)	6% below
32961	$1,170	$1,180	$1,540	$1,880	$2,570	−$60 (−3.8%)	about the same as
32962	$1,120	$1,120	$1,470	$1,790	$2,460	−$50 (−3.3%)	5% below
32963	$1,750	$1,770	$2,310	$2,820	$3,860	−$100 (−4.1%)	50% above
32964	$1,170	$1,180	$1,540	$1,880	$2,570	−$60 (−3.8%)	about the same as
32965	$1,170	$1,180	$1,540	$1,880	$2,570	−$60 (−3.8%)	about the same as
32966	$1,280	$1,280	$1,680	$2,050	$2,810	−$50 (−2.9%)	9% above
32967	$1,220	$1,230	$1,610	$1,970	$2,690	−$40 (−2.4%)	4% above
32968	$1,580	$1,590	$2,080	$2,540	$3,500	−$230 (−10.0%)	35% above
32969	$1,170	$1,180	$1,540	$1,880	$2,570	−$60 (−3.8%)	about the same as
32970	$1,240	$1,250	$1,630	$1,990	$2,730	−$80 (−4.7%)	6% above
32971	$1,170	$1,180	$1,540	$1,880	$2,570	−$60 (−3.8%)	about the same as
32978	$1,170	$1,180	$1,540	$1,880	$2,570	−$60 (−3.8%)	about the same as
34951	$1,370	$1,380	$1,660	$2,250	$2,430	+$190 (+12.9%)	8% above

Sources

U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).

Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.