What is the Fair Market Rent in Penney Farms, FL?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 32079, which covers Penney Farms, is $1,830 a month.

Across the whole Jacksonville, FL HUD Metro FMR Area the two-bedroom figure is $1,694.

The Census Bureau’s median gross rent for a two-bedroom home in Penney Farms is $2,164 (±$139), above the Small Area figure for ZIP 32079.

Figures last updated on November 12, 2026.

2 bedrooms, whole area: $1,694
2 bedrooms, ZIP 32079: $1,830

Fair Market Rents for Penney Farms, fiscal year 2027

HUD Fair Market Rent, dollars a month (gross rent, including utilities), beside the Census Bureau’s median gross rent for each ZIP code
	Studio	1 bedroom	2 bedrooms	3 bedrooms	4 bedrooms	Census median rent
Jacksonville, FL HUD Metro FMR Area (whole area)	$1,401	$1,421	$1,694	$2,077	$2,594	—
ZIP 32079	$1,510	$1,530	$1,830	$2,270	$2,870	$1,837

A Fair Market Rent is HUD’s estimate of the gross rent (shelter plus utilities) of a modest rental home in the area.

Whether a housing authority uses the ZIP code (Small Area) figures or the area-wide one depends on whether HUD has designated the area for Small Area FMRs or the authority has opted in; ask the local housing authority which applies.

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Questions about Penney Farms

What is the Section 8 payment standard in Penney Farms?

Housing authorities set payment standards between 90% and 110% of HUD’s Fair Market Rent; for fiscal year 2027, the two-bedroom Fair Market Rent for the Jacksonville, FL HUD Metro FMR Area is $1,694, and the Small Area figure for 32079 is $1,830.

What is the Fair Market Rent for a two-bedroom in ZIP 32079?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 32079 is $1,830 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,837 (±$275).

What is the Fair Market Rent for a one-bedroom in Penney Farms?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 32079 is $1,530 a month, against $1,421 across the Jacksonville, FL HUD Metro FMR Area.

Sources

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.