HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Grayson County, Texas (FY 2027)
A two-bedroom in Grayson County carries a FY 2027 Fair Market Rent of $1,395 a month, effective October 1, 2026 through September 30, 2027. Everything Section 8 pays in Grayson keys off that figure.
Two-bedroom FMR
$1,395
+3.3% from FY 2026
Payment standard
$1,256–$1,535
90% to 110% of the FMR, two-bedroom
Income to afford
$55,800
a year, with rent at 30% of income
Rank in Texas
41st 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 | $1,102 | $992–$1,212 | $44,080 | $21.19/hr | +1.3% |
| 1 bedroom | $1,126 | $1,013–$1,239 | $45,040 | $21.65/hr | +3.4% |
| 2 bedroom | $1,395 | $1,256–$1,535 | $55,800 | $26.83/hr | +3.3% |
| 3 bedroom | $1,932 | $1,739–$2,125 | $77,280 | $37.15/hr | +2.8% |
| 4 bedroom | $2,148 | $1,933–$2,363 | $85,920 | $41.31/hr | -0.4% |
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 | $2,470 | $2,223–$2,717 |
| 6 bedroom Estimate | $2,792 | $2,513–$3,071 |
| 7 bedroom Estimate | $3,115 | $2,804–$3,427 |
| 8 bedroom Estimate | $3,437 | $3,093–$3,781 |
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 Grayson actually rent for?
Search any address in Grayson 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 Grayson somewhere between $1,256 and $1,535. 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.
$1,395 a month is affordable, by HUD's 30% rule, on an income of roughly $55,800 a year. Put another way, $27 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%$1,256 | Voucher pays at 100%$1,395 | Voucher pays at 110%$1,535 |
|---|---|---|---|---|
| $2,500 | $750 | $506 | $645 | $785 |
| $4,000 | $1,200 | $56 | $195 | $335 |
Rate history
The two-bedroom rate went up 3% from FY 2026 ($1,351) to FY 2027 ($1,395). Since FY 2020 it's up 52% in total, about 6.2% 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 | $631 | $740 | $915 | $1,238 | $1,383 | — |
| FY 2021 | $661 | $792 | $959 | $1,292 | $1,457 | +4.8% |
| FY 2022 | $661 | $830 | $985 | $1,316 | $1,570 | +2.7% |
| FY 2023 | $733 | $900 | $1,050 | $1,419 | $1,753 | +6.6% |
| FY 2024 | $897 | $1,045 | $1,227 | $1,678 | $2,082 | +16.9% |
| FY 2025 | $1,068 | $1,113 | $1,342 | $1,872 | $2,254 | +9.4% |
| FY 2026 | $1,088 | $1,089 | $1,351 | $1,879 | $2,157 | +0.7% |
| FY 2027In effect | $1,102 | $1,126 | $1,395 | $1,932 | $2,148 | +3.3% |
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 Grayson, that runs from $1,102 for a studio up to $2,148 for four bedrooms, all five rates in the table above.
Grayson is its own HUD metro area (Sherman-Denison, TX), so the rate here is set from rents inside the county rather than a wider region.
Among Texas's 254 counties, Grayson ranks 41st for two-bedroom FMR. That's about 26% above the state median of $1,105 and about 31% above the national median county at $1,063. About 143,337 people live here, 35th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,100 in 75491 (Whitewright) and $1,870 in 76271 (Tioga), with the 18 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 |
|---|---|---|---|
| 75020 | Denison | $1,360 | -2.5% |
| 75021 | Denison | $1,240 | -11.1% |
| 75058 | Gunter | $1,700 | +21.9% |
| 75076 | Pottsboro | $1,600 | +14.7% |
| 75090 | Sherman | $1,340 | -3.9% |
| 75091 | Sherman | $1,400 | +0.4% |
| 75092 | Sherman | $1,410 | +1.1% |
| 75414 | Bells | $1,220 | -12.5% |
| 75459 | Howe | $1,440 | +3.2% |
| 75489 | Tom Bean | $1,510 | +8.2% |
| 75491 | Whitewright | $1,100 | -21.1% |
| 75495 | Van Alstyne | $1,680 | +20.4% |
| 76233 | Collinsville | $1,250 | -10.4% |
| 76245 | Gordonville | $1,260 | -9.7% |
| 76264 | Sadler | $1,220 | -12.5% |
| 76268 | Southmayd | $1,390 | -0.4% |
| 76271 | Tioga | $1,870 | +34.1% |
| 76273 | Whitesboro | $1,310 | -6.1% |
Nearby counties
Two-bedroom FMR, with how each compares to Grayson.
Fannin County
31 mi · 37,326 people
$1,093
-22%
Collin County
33 mi · 1,163,337 people
$1,807
+30%
Cooke County
35 mi · 43,046 people
$1,314
-6%
Denton County
40 mi · 979,561 people
$1,807
+30%
Hunt County
47 mi · 108,972 people
$1,807
+30%
Rockwall County
50 mi · 123,617 people
$1,807
+30%
Dallas County
57 mi · 2,621,179 people
$1,807
+30%
Delta County
58 mi · 5,438 people
$1,014
-27%
Questions people ask
$1,395 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $1,102 for a studio, $1,126 for one bedroom, $1,932 for three and $2,148 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 Grayson actually go for?
HUD's number is one input. Search any address in Grayson for a rent estimate built from nearby comps. Free to start, no card.
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