HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Terrell County, Texas (FY 2026)
$1,015 a month. That's HUD's FY 2026 Fair Market Rent for a two-bedroom in Terrell County, and it's the baseline every voucher in Terrell is measured against.
2 bedroom FMR
$1,015
FY 2026, utilities included
Payment standard range
$914 to $1,117
90% to 110% of FMR
Income to afford 2BR
$40,600
per year, at 30% of income
Rank in Texas
168th of 254
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Terrell moves to $1,078. That's up 6%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Terrell actually rent for?
Search any address in Terrell for a rent estimate built from nearby comps, with the HUD figure right next to it.
FY 2026 Fair Market Rents
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2025 |
|---|---|---|---|---|---|
| Studio | $789 | $710 to $868 | $31,560 | $15.17/hr | +3.0% |
| 1 bedroom | $811 | $730 to $892 | $32,440 | $15.60/hr | +3.2% |
| 2 bedroom | $1,015 | $914 to $1,117 | $40,600 | $19.52/hr | +4.0% |
| 3 bedroom | $1,321 | $1,189 to $1,453 | $52,840 | $25.40/hr | +3.8% |
| 4 bedroom | $1,493 | $1,344 to $1,642 | $59,720 | $28.71/hr | +2.3% |
5 to 8 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 | $1,717 | $1,545 to $1,889 |
| 6 bedroom Estimate | $1,941 | $1,747 to $2,135 |
| 7 bedroom Estimate | $2,165 | $1,949 to $2,382 |
| 8 bedroom Estimate | $2,389 | $2,150 to $2,628 |
Source: HUD Office of Policy Development and Research, FY 2026 Fair Market Rents. Rents include utilities. huduser.gov
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 2026 that's October 1, 2025 through September 30, 2026. In Terrell, that runs from $789 for a studio up to $1,493 for four bedrooms, all five rates in the table above.
Because Terrell 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, Dryden included.
Among Texas's 254 counties, Terrell ranks 168th for two-bedroom FMR. That's about 4% below the state median of $1,054 and within a couple percent of the national median county at $1,018. About 862 people live here, 247th in the state.
Rates by ZIP code
HUD also publishes Small Area FMRs by ZIP code. For the 2 ZIP codes it covers in Terrell, the two-bedroom rate is $1,020 across the board, so there's no ZIP-level story here.
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 Terrell somewhere between $914 and $1,117. 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.
$1,015 a month is affordable, by HUD's 30% rule, on an income of roughly $40,600 a year. Put another way, $20 an hour full time.
Worked example for a two-bedroom, assuming the rent equals the payment standard. Tenant pays 30% of monthly income, HUD's housing assistance payment covers the rest.
| Monthly household income | Tenant pays (30%) | HAP at 90% ($914) | HAP at 100% ($1,015) | HAP at 110% ($1,117) |
|---|---|---|---|---|
| $2,500 | $750 | $164 | $265 | $367 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 4% from FY 2025 ($976) to FY 2026 ($1,015). Since FY 2020 it's up 25% in total, about 3.7% a year. The Texas median moved up 7% over the same year.
| Year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $604 | $651 | $815 | $1,083 | $1,226 | — |
| FY 2021 | $622 | $673 | $848 | $1,119 | $1,254 | +4.0% |
| FY 2022 | $608 | $652 | $822 | $1,084 | $1,200 | -3.1% |
| FY 2023 | $667 | $705 | $885 | $1,161 | $1,302 | +7.7% |
| FY 2024 | $791 | $818 | $1,016 | $1,332 | $1,510 | +14.8% |
| FY 2025 | $766 | $786 | $976 | $1,273 | $1,459 | -3.9% |
| FY 2026 | $789 | $811 | $1,015 | $1,321 | $1,493 | +4.0% |
| FY 2027 | $819 | $858 | $1,078 | $1,393 | $1,553 | +6.2% |
Nearby counties
Questions people ask
$1,015 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $789 for a studio, $811 for one bedroom, $1,321 for three and $1,493 for four.
Tools for this county
Fair Market Rent lookup
Look up any ZIP code's Small Area FMR by bedroom count.
Section 8 rent calculator
Work out the 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
See what income a household needs for a given rent.
What does a rental in Terrell actually go for?
HUD's number is one input. Search any address in Terrell for a rent estimate built from nearby comps. 3 free searches, no card.
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