Panama City, FL HUD Metro FMR Area · FY2026 area median income $98,900 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $346 | $519 | $693 | $866 | $1,039 | $1,212 | $1,386 |
| 1BR | $371 | $556 | $742 | $928 | $1,113 | $1,299 | $1,485 |
| 2BR | $445 | $668 | $891 | $1,113 | $1,336 | $1,559 | $1,782 |
| 3BR | $514 | $771 | $1,029 | $1,286 | $1,543 | $1,800 | $2,058 |
| 4BR | $574 | $861 | $1,148 | $1,435 | $1,722 | $2,009 | $2,296 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $20,790 | $34,650 | $41,580 | $55,440 |
| 2 persons | $23,760 | $39,600 | $47,520 | $63,360 |
| 3 persons | $26,730 | $44,550 | $53,460 | $71,280 |
| 4 persons | $29,670 | $49,450 | $59,340 | $79,120 |
| 5 persons | $32,070 | $53,450 | $64,140 | $85,520 |
| 6 persons | $34,440 | $57,400 | $68,880 | $91,840 |
| 7 persons | $36,810 | $61,350 | $73,620 | $98,160 |
| 8 persons | $39,180 | $65,300 | $78,360 | $104,480 |
Rents are capped at 30% of the income limit for an imputed household of 1.5 persons per bedroom, so a two-bedroom unit uses the three-person limit. Under the average income test, units can be designated from 20% to 80% AMI as long as the weighted average stays at or below 60%.
Run a deal in Bay County to see the sources and uses, bond test, DSCR, and funding gap using these rents.