Bay County, FL

2025 Fair Market Rents

Tags: 2025 Panama City, FL MSA

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The top four largest cities in Bay County are Panama City, Lynn Haven, Panama City Beach, and Port Saint Joe. 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 Bay County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Bay 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 Bay County compare?

Bay County ($1,609) has a 11.3% higher FMR for 2-Bedroom housing than the average of Florida ($1,446) and therefore a higher gross rent.

Bay County is rank 26th out of 67 counties. This means the FMRs, or in other words, the gross rent is higher than 41 other counties. Bay County is the 26th most expensive county in terms of FMRs.

Rent Tables Bay County, FL

Fair Market Rent (40th Percentile)

$1,367
studio
$1,375
1-Bedroom
$1,609
2-Bedroom
$2,137
3-Bedroom
$2,702
4-Bedroom

Median Rent (50th Percentile)

$1,484
studio
$1,493
1-Bedroom
$1,747
2-Bedroom
$2,320
3-Bedroom
$2,934
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
32413 $1,460 $1,470 $1,720 $2,280 $2,890
32461 $1,430 $1,640 $1,820 $2,550 $3,060
32462 $1,150 $1,170 $1,380 $1,860 $2,330
32401 $1,150 $1,170 $1,380 $1,860 $2,330
32402 $1,370 $1,380 $1,610 $2,140 $2,700
32403 $1,940 $1,950 $2,280 $3,030 $3,830
32404 $1,280 $1,290 $1,510 $2,010 $2,540
32405 $1,380 $1,380 $1,620 $2,150 $2,720
32406 $1,370 $1,380 $1,610 $2,140 $2,700
32407 $1,860 $1,870 $2,190 $2,910 $3,680
32408 $1,340 $1,350 $1,580 $2,100 $2,650
32409 $1,200 $1,210 $1,410 $1,870 $2,370
32410 $1,610 $1,620 $1,890 $2,510 $3,170
32411 $1,370 $1,380 $1,610 $2,140 $2,700
32413 $1,460 $1,470 $1,720 $2,280 $2,890
32417 $1,370 $1,380 $1,610 $2,140 $2,700
32437 $1,150 $1,170 $1,380 $1,860 $2,330
32438 $1,150 $1,170 $1,380 $1,860 $2,330
32444 $1,550 $1,560 $1,820 $2,420 $3,060
32456 $1,240 $1,270 $1,600 $2,020 $2,520
32462 $1,150 $1,170 $1,380 $1,860 $2,330
32466 $1,350 $1,370 $1,590 $2,110 $2,660
32438 $1,150 $1,170 $1,380 $1,860 $2,330
32466 $1,350 $1,370 $1,590 $2,110 $2,660
32456 $1,240 $1,270 $1,600 $2,020 $2,520
32438 $1,150 $1,170 $1,380 $1,860 $2,330
32437 $1,150 $1,170 $1,380 $1,860 $2,330
32438 $1,150 $1,170 $1,380 $1,860 $2,330
32462 $1,150 $1,170 $1,380 $1,860 $2,330
32466 $1,350 $1,370 $1,590 $2,110 $2,660
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
32413 $1,314 $1,323 $1,548 $2,052 $2,601
32461 $1,287 $1,476 $1,638 $2,295 $2,754
32462 $1,035 $1,053 $1,242 $1,674 $2,097
32401 $1,035 $1,053 $1,242 $1,674 $2,097
32402 $1,233 $1,242 $1,449 $1,926 $2,430
32403 $1,746 $1,755 $2,052 $2,727 $3,447
32404 $1,152 $1,161 $1,359 $1,809 $2,286
32405 $1,242 $1,242 $1,458 $1,935 $2,448
32406 $1,233 $1,242 $1,449 $1,926 $2,430
32407 $1,674 $1,683 $1,971 $2,619 $3,312
32408 $1,206 $1,215 $1,422 $1,890 $2,385
32409 $1,080 $1,089 $1,269 $1,683 $2,133
32410 $1,449 $1,458 $1,701 $2,259 $2,853
32411 $1,233 $1,242 $1,449 $1,926 $2,430
32413 $1,314 $1,323 $1,548 $2,052 $2,601
32417 $1,233 $1,242 $1,449 $1,926 $2,430
32437 $1,035 $1,053 $1,242 $1,674 $2,097
32438 $1,035 $1,053 $1,242 $1,674 $2,097
32444 $1,395 $1,404 $1,638 $2,178 $2,754
32456 $1,116 $1,143 $1,440 $1,818 $2,268
32462 $1,035 $1,053 $1,242 $1,674 $2,097
32466 $1,215 $1,233 $1,431 $1,899 $2,394
32438 $1,035 $1,053 $1,242 $1,674 $2,097
32466 $1,215 $1,233 $1,431 $1,899 $2,394
32456 $1,116 $1,143 $1,440 $1,818 $2,268
32438 $1,035 $1,053 $1,242 $1,674 $2,097
32437 $1,035 $1,053 $1,242 $1,674 $2,097
32438 $1,035 $1,053 $1,242 $1,674 $2,097
32462 $1,035 $1,053 $1,242 $1,674 $2,097
32466 $1,215 $1,233 $1,431 $1,899 $2,394
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
32413 $1,606 $1,617 $1,892 $2,508 $3,179
32461 $1,573 $1,804 $2,002 $2,805 $3,366
32462 $1,265 $1,287 $1,518 $2,046 $2,563
32401 $1,265 $1,287 $1,518 $2,046 $2,563
32402 $1,507 $1,518 $1,771 $2,354 $2,970
32403 $2,134 $2,145 $2,508 $3,333 $4,213
32404 $1,408 $1,419 $1,661 $2,211 $2,794
32405 $1,518 $1,518 $1,782 $2,365 $2,992
32406 $1,507 $1,518 $1,771 $2,354 $2,970
32407 $2,046 $2,057 $2,409 $3,201 $4,048
32408 $1,474 $1,485 $1,738 $2,310 $2,915
32409 $1,320 $1,331 $1,551 $2,057 $2,607
32410 $1,771 $1,782 $2,079 $2,761 $3,487
32411 $1,507 $1,518 $1,771 $2,354 $2,970
32413 $1,606 $1,617 $1,892 $2,508 $3,179
32417 $1,507 $1,518 $1,771 $2,354 $2,970
32437 $1,265 $1,287 $1,518 $2,046 $2,563
32438 $1,265 $1,287 $1,518 $2,046 $2,563
32444 $1,705 $1,716 $2,002 $2,662 $3,366
32456 $1,364 $1,397 $1,760 $2,222 $2,772
32462 $1,265 $1,287 $1,518 $2,046 $2,563
32466 $1,485 $1,507 $1,749 $2,321 $2,926
32438 $1,265 $1,287 $1,518 $2,046 $2,563
32466 $1,485 $1,507 $1,749 $2,321 $2,926
32456 $1,364 $1,397 $1,760 $2,222 $2,772
32438 $1,265 $1,287 $1,518 $2,046 $2,563
32437 $1,265 $1,287 $1,518 $2,046 $2,563
32438 $1,265 $1,287 $1,518 $2,046 $2,563
32462 $1,265 $1,287 $1,518 $2,046 $2,563
32466 $1,485 $1,507 $1,749 $2,321 $2,926

Fair Market Rents on this page apply to the following cities in Bay County, Florida: Panama City, Lynn Haven, Panama City Beach, Port Saint Joe, Youngstown, Fountain, Vernon, Ebro, Mexico Beach, and Rosemary Beach.

These Fair Market Rents also apply to the following ZIP codes in Bay County, Florida: 32404, 32405, 32444, 32401, 32408, 32413, 32407, 32409, 32456, 32466, 32438, 32462, 32403, 32411, 32417, 32402, 32406, 32437, 32410, and 32461.

Bay County, FL is considered part of the following metro FMR area: PANAMA CITY, FL MSA.

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Data Source

HUD Seal

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