Panama City, FL Section 8 Rent Limits 2026–27 by ZIP Code
For 2026–27, HUD's 2-bedroom figure in Panama City ranges from $1,520 (ZIP 32401) to $2,350 (ZIP 32403), with a median of $1,650 across 11 ZIP codes. HUD sets these per ZIP code (Small Area Fair Market Rents), so they differ across the city.
These are HUD's figures, effective 2026-10-01. A housing authority sets its own payment standard, normally between 90% and 110% of them (higher with HUD approval or as a disability accommodation). The voucher then pays the lower of that standard or the gross rent, minus your total tenant payment (generally 30% of adjusted monthly income).
| ZIP | Studio | 1 BR | 2 BR | 3 BR | 4 BR |
|---|---|---|---|---|---|
| 32401 | $1,290 | $1,340 | $1,520 | $1,960 | $2,430 |
| 32402 | $1,410 | $1,520 | $1,650 | $2,100 | $2,570 |
| 32403 | $2,010 | $2,160 | $2,350 | $2,990 | $3,650 |
| 32404 | $1,340 | $1,440 | $1,570 | $2,000 | $2,440 |
| 32405 | $1,420 | $1,520 | $1,660 | $2,110 | $2,580 |
| 32406 | $1,410 | $1,520 | $1,650 | $2,100 | $2,570 |
| 32408 | $1,410 | $1,520 | $1,650 | $2,100 | $2,570 |
| 32409 | $1,290 | $1,340 | $1,520 | $1,960 | $2,430 |
| 32411 | $1,410 | $1,520 | $1,650 | $2,100 | $2,570 |
| 32412 | $1,410 | $1,520 | $1,650 | $2,100 | $2,570 |
| 32417 | $1,410 | $1,520 | $1,650 | $2,100 | $2,570 |
Income limits: Bay County
Voucher amounts nationwide by unit size: Studio · 1 Bedroom · 2 Bedroom · 3 Bedroom · 4 Bedroom