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Rent by ZIP · Bay County

Rent in Fountain, FL 32438

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,520 (+4.8% vs FY2026). Renters in this ZIP code pay a median $626 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,290$1,240+4%$1,161–1,419–
1 bedroom$1,340$1,240+8.1%$1,206–1,474$613 ±$291
2 bedrooms$1,520$1,450+4.8%$1,368–1,672–
3 bedrooms$1,960$1,930+1.6%$1,764–2,156–
4 bedrooms$2,430$2,440-0.4%$2,187–2,673–

Small Area FMRs for the Panama City, FL HUD Metro FMR Area. This ZIP code is in more than one HUD area; figures are for the main one. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Panama City, FL HUD Metro FMR Area, 2 bedrooms: $1,651.

What renters pay in 32438

Median gross rent$626±$418 · all sizes
Renter households31818% of occupied homes
No cash rent16households

How rents are spread

Under $1,00096%
$1,000–1,4990%
$1,500–1,9994%
$2,000–2,4990%
$2,500–2,9990%
$3,000–3,4990%
$3,500+0%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
32437Ebro$1,520$950
32439Freeport$1,440$1,536
32440Graceville$980$730
32435Defuniak Springs$1,230$994
32442Grand Ridge$970$767
32433Defuniak Springs$1,610$849

Fair Market Rents across Bay County, FL · All FL counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.