HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Fannin County, Texas (FY 2027)
HUD's FY 2027 Fair Market Rent for a two-bedroom in Fannin County is $1,093 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
Two-bedroom FMR
$1,093
+11.0% from FY 2026
Payment standard
$984–$1,202
90% to 110% of the FMR, two-bedroom
Income to afford
$43,720
a year, with rent at 30% of income
Rank in Texas
131st of 254
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $761 | $685–$837 | $30,440 | $14.63/hr | +12.1% |
| 1 bedroom | $836 | $752–$920 | $33,440 | $16.08/hr | +11.3% |
| 2 bedroom | $1,093 | $984–$1,202 | $43,720 | $21.02/hr | +11.0% |
| 3 bedroom | $1,511 | $1,360–$1,662 | $60,440 | $29.06/hr | +10.3% |
| 4 bedroom | $1,827 | $1,644–$2,010 | $73,080 | $35.13/hr | +10.6% |
Five to eight bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $2,101 | $1,891–$2,311 |
| 6 bedroom Estimate | $2,375 | $2,138–$2,613 |
| 7 bedroom Estimate | $2,649 | $2,384–$2,914 |
| 8 bedroom Estimate | $2,923 | $2,631–$3,215 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in Fannin actually rent for?
Search any address in Fannin for a rent estimate built from nearby comps, with the HUD figure right next to it.
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What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Fannin somewhere between $984 and $1,202. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$1,093 a month is affordable, by HUD's 30% rule, on an income of roughly $43,720 a year. Put another way, $21 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$984 | Voucher pays at 100%$1,093 | Voucher pays at 110%$1,202 |
|---|---|---|---|---|
| $2,500 | $750 | $234 | $343 | $452 |
| $4,000 | $1,200 | $0 | $0 | $2 |
Rate history
The two-bedroom rate went up 11% from FY 2026 ($985) to FY 2027 ($1,093). Since FY 2020 it's up 47% in total, about 5.7% a year. The Texas median moved up 5% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $550 | $563 | $742 | $1,039 | $1,133 | — |
| FY 2021 | $565 | $585 | $771 | $1,089 | $1,129 | +3.9% |
| FY 2022 | $607 | $623 | $820 | $1,165 | $1,235 | +6.4% |
| FY 2023 | $661 | $666 | $877 | $1,246 | $1,406 | +7.0% |
| FY 2024 | $754 | $759 | $997 | $1,405 | $1,665 | +13.7% |
| FY 2025 | $714 | $719 | $943 | $1,321 | $1,584 | -5.4% |
| FY 2026 | $679 | $751 | $985 | $1,370 | $1,652 | +4.5% |
| FY 2027In effect | $761 | $836 | $1,093 | $1,511 | $1,827 | +11.0% |
About this rate
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2027 that's October 1, 2026 through September 30, 2027. In Fannin, that runs from $761 for a studio up to $1,827 for four bedrooms, all five rates in the table above.
Because Fannin sits outside any HUD metro area, its rate is a county-wide figure built from local rents. One number covers every address in the county, Bailey included.
Among Texas's 254 counties, Fannin ranks 131st for two-bedroom FMR. That's within a couple percent of the state median of $1,105 and about 3% above the national median county at $1,063. About 37,326 people live here, 85th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,010 in 75446 (Honey Grove) and $1,640 in 75490 (Trenton), with the 15 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 75413 | Bailey | $1,220 | +11.6% |
| 75418 | Bonham | $1,090 | -0.3% |
| 75438 | Dodd City | $1,090 | -0.3% |
| 75439 | Ector | $1,120 | +2.5% |
| 75443 | Gober | $1,090 | -0.3% |
| 75446 | Honey Grove | $1,010 | -7.6% |
| 75447 | Ivanhoe | $1,010 | -7.6% |
| 75449 | Ladonia | $1,150 | +5.2% |
| 75452 | Leonard | $1,240 | +13.4% |
| 75475 | Randolph | $1,280 | +17.1% |
| 75476 | Ravenna | $1,090 | -0.3% |
| 75479 | Savoy | $1,220 | +11.6% |
| 75488 | Telephone | $1,010 | -7.6% |
| 75490 | Trenton | $1,640 | +50.0% |
| 75492 | Windom | $1,040 | -4.8% |
Nearby counties
Two-bedroom FMR, with how each compares to Fannin.
Delta County
28 mi · 5,438 people
$1,014
-7%
Hunt County
28 mi · 108,972 people
$1,807
+65%
Grayson County
31 mi · 143,337 people
$1,395
+28%
Lamar County
35 mi · 50,669 people
$1,036
-5%
Collin County
40 mi · 1,163,337 people
$1,807
+65%
Hopkins County
45 mi · 37,784 people
$1,205
+10%
Rockwall County
46 mi · 123,617 people
$1,807
+65%
Rains County
54 mi · 12,775 people
$1,014
-7%
Questions people ask
$1,093 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $761 for a studio, $836 for one bedroom, $1,511 for three and $1,827 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
Payment standard and tenant share for a specific rent
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords
Rent affordability calculator
The income a household needs for a given rent
What does a rental in Fannin actually go for?
HUD's number is one input. Search any address in Fannin for a rent estimate built from nearby comps. Free to start, no card.
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