Fair Market Rents: Bay County, FL (FY2026)
HUD's FY2026 Fair Market Rents for Bay County set the ceiling for what Housing Choice Vouchers pay locally. FMR equals the estimated 40th-percentile gross rent — shelter plus utilities — for modest, non-luxury units.
| Unit size | FY2026 FMR | FL median* |
|---|---|---|
| Studio (0-BR) | $1,426/mo | $1,152 (+24%) |
| 1 Bedroom | $1,480/mo | $1,230 (+20%) |
| 2 Bedrooms | $1,682/mo | $1,471 (+14%) |
| 3 Bedrooms | $2,169/mo | $1,897 (+14%) |
| 4+ Bedrooms | $2,689/mo | $2,253 (+19%) |
*Median across all FMR-publishing counties in FL. Source: HUD FY2026 FMR schedule.
Using FMR as a voucher holder in Bay County
- Your housing authority sets payment standards per bedroom, typically 90–110% of these figures. How payment standards work →
- You may rent above the standard by paying the difference, subject to a 40%-of-income cap at lease-up.
- In high-cost pockets, ask about exception standards or Small Area FMRs by ZIP code.
Subsidized housing in Bay County
We track 29 assisted properties countywide:
| City | Properties | Assisted units |
|---|---|---|
| Lynn Haven | 4 | 524 |
| Panama City | 26 | 2,091 |
| Panama City Beach | 3 | 319 |