What is the Fair Market Rent in Satellite Beach, FL?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 32937, which covers Satellite Beach, is $2,120 a month.

Across the whole Palm Bay-Melbourne-Titusville, FL MSA the two-bedroom figure is $1,779.

The Census Bureau’s median gross rent for a two-bedroom home in Satellite Beach is $1,671 (±$136), below the Small Area figure for ZIP 32937.

Figures last updated on November 12, 2026.

2 bedrooms, whole area: $1,779
2 bedrooms, ZIP 32937: $2,120

Fair Market Rents for Satellite Beach, 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
Palm Bay-Melbourne-Titusville, FL MSA (whole area)	$1,327	$1,525	$1,779	$2,382	$2,707	—
ZIP 32937 (43% of the ZIP’s land is in this place)	$1,580	$1,820	$2,120	$2,840	$3,230	$1,867

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 Satellite Beach

What is the Section 8 payment standard in Satellite Beach?

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 Palm Bay-Melbourne-Titusville, FL MSA is $1,779, and the Small Area figure for 32937 is $2,120.

What is the Fair Market Rent for a two-bedroom in ZIP 32937?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 32937 is $2,120 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,867 (±$123).

What is the Fair Market Rent for a one-bedroom in Satellite Beach?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 32937 is $1,820 a month, against $1,525 across the Palm Bay-Melbourne-Titusville, FL MSA.

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.