Fair Market Rents: Okaloosa County, FL (FY2026)
HUD's FY2026 Fair Market Rents for Okaloosa 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) | $1,362/mo | $1,152 (+18%) |
| 1 Bedroom | $1,581/mo | $1,230 (+29%) |
| 2 Bedrooms | $1,785/mo | $1,471 (+21%) |
| 3 Bedrooms | $2,448/mo | $1,897 (+29%) |
| 4+ Bedrooms | $2,979/mo | $2,253 (+32%) |
*Median across all FMR-publishing counties in FL. Source: HUD FY2026 FMR schedule.
Using FMR as a voucher holder in Okaloosa 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 Okaloosa County
We track 10 assisted properties countywide:
| City | Properties | Assisted units |
|---|---|---|
| Crestview | 7 | 653 |
| Fort Walton Beach | 4 | 295 |