HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Travis County, Texas (FY 2027)
HUD's FY 2027 Fair Market Rent for a two-bedroom in Travis County is $1,817 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
Two-bedroom FMR
$1,817
-1.9% from FY 2026
Payment standard
$1,635–$1,999
90% to 110% of the FMR, two-bedroom
Income to afford
$72,680
a year, with rent at 30% of income
Rank in Texas
4th 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 | $1,447 | $1,302–$1,592 | $57,880 | $27.83/hr | -1.8% |
| 1 bedroom | $1,530 | $1,377–$1,683 | $61,200 | $29.42/hr | -2.0% |
| 2 bedroom | $1,817 | $1,635–$1,999 | $72,680 | $34.94/hr | -1.9% |
| 3 bedroom | $2,292 | $2,063–$2,521 | $91,680 | $44.08/hr | -2.3% |
| 4 bedroom | $2,689 | $2,420–$2,958 | $107,560 | $51.71/hr | -2.6% |
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 | $3,092 | $2,783–$3,401 |
| 6 bedroom Estimate | $3,496 | $3,146–$3,846 |
| 7 bedroom Estimate | $3,899 | $3,509–$4,289 |
| 8 bedroom Estimate | $4,302 | $3,872–$4,732 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
Two-bedrooms in Austin are asking $1,747. HUD says $1,817.
That's 4% below the county FMR. Median asking rent across 20 Austin ZIP codes with active 2BR listings. FMR includes utilities and asking rents usually don't, so the true gap is a little smaller.
No card needed
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 Travis somewhere between $1,635 and $1,999. 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.
$1,817 a month is affordable, by HUD's 30% rule, on an income of roughly $72,680 a year. Put another way, $35 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%$1,635 | Voucher pays at 100%$1,817 | Voucher pays at 110%$1,999 |
|---|---|---|---|---|
| $2,500 | $750 | $885 | $1,067 | $1,249 |
| $4,000 | $1,200 | $435 | $617 | $799 |
Rate history
The two-bedroom rate went down 2% from FY 2026 ($1,852) to FY 2027 ($1,817). Since FY 2020 it's up 34% in total, about 4.3% 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 | $988 | $1,134 | $1,356 | $1,763 | $2,128 | — |
| FY 2021 | $1,059 | $1,212 | $1,434 | $1,848 | $2,207 | +5.8% |
| FY 2022 | $1,092 | $1,236 | $1,451 | $1,867 | $2,194 | +1.2% |
| FY 2023 | $1,253 | $1,386 | $1,626 | $2,088 | $2,416 | +12.1% |
| FY 2024 | $1,519 | $1,635 | $1,924 | $2,470 | $2,840 | +18.3% |
| FY 2025 | $1,549 | $1,650 | $1,949 | $2,484 | $2,882 | +1.3% |
| FY 2026 | $1,474 | $1,562 | $1,852 | $2,347 | $2,760 | -5.0% |
| FY 2027In effect | $1,447 | $1,530 | $1,817 | $2,292 | $2,689 | -1.9% |
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 Travis, that runs from $1,447 for a studio up to $2,689 for four bedrooms, all five rates in the table above.
This is a metro rate. The county doesn't get one of its own. HUD lumps Travis in with 4 other counties in the Austin-Round Rock-San Marcos metro, Williamson County, Hays County, Bastrop County among them, and every one of them gets $1,817 for a two-bedroom. Where you are inside the metro doesn't change the county number. It does change the ZIP number, covered below.
Among Texas's 254 counties, Travis ranks 4th for two-bedroom FMR. That's about 64% above the state median of $1,105 and about 71% above the national median county at $1,063. About 1,330,015 people live here, 5th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,670 in 78617 (Del Valle) and $2,730 in 78652 (Manchaca), with the 69 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 |
|---|---|---|---|
| 73301 | Austin | $1,817County rate | — |
| 73344 | Austin | $1,817County rate | — |
| 78617 | Del Valle | $1,670 | -8.1% |
| 78645 | Leander | $1,890 | +4.0% |
| 78651 | Mc Neil | $1,817County rate | — |
| 78652 | Manchaca | $2,730 | +50.2% |
| 78653 | Manor | $1,790 | -1.5% |
| 78660 | Pflugerville | $1,940 | +6.8% |
| 78669 | Spicewood | $2,070 | +13.9% |
| 78691 | Pflugerville | $1,850 | +1.8% |
| 78701 | Austin | $2,730 | +50.2% |
| 78702 | Austin | $2,440 | +34.3% |
| 78703 | Austin | $2,440 | +34.3% |
| 78704 | Austin | $2,050 | +12.8% |
| 78705 | Austin | $1,870 | +2.9% |
| 78708 | Austin | $1,850 | +1.8% |
| 78709 | Austin | $1,850 | +1.8% |
| 78710 | Austin | $1,817County rate | — |
| 78711 | Austin | $1,850 | +1.8% |
| 78712 | Austin | $2,050 | +12.8% |
| 78713 | Austin | $1,817County rate | — |
| 78714 | Austin | $1,850 | +1.8% |
| 78715 | Austin | $1,850 | +1.8% |
| 78716 | Austin | $1,850 | +1.8% |
| 78718 | Austin | $1,850 | +1.8% |
| 78719 | Austin | $1,730 | -4.8% |
| 78720 | Austin | $1,850 | +1.8% |
| 78721 | Austin | $1,810 | -0.4% |
| 78722 | Austin | $2,040 | +12.3% |
| 78723 | Austin | $1,740 | -4.2% |
| 78724 | Austin | $1,680 | -7.5% |
| 78725 | Austin | $2,460 | +35.4% |
| 78726 | Austin | $1,840 | +1.3% |
| 78727 | Austin | $2,080 | +14.5% |
| 78728 | Austin | $1,750 | -3.7% |
| 78730 | Austin | $1,900 | +4.6% |
| 78731 | Austin | $1,780 | -2.0% |
| 78732 | Austin | $1,990 | +9.5% |
| 78733 | Austin | $2,730 | +50.2% |
| 78734 | Austin | $2,110 | +16.1% |
Counties sharing the Austin-Round Rock-San Marcos metro rate
HUD sets one rate for the whole metro, so every county here carries the same $1,817 two-bedroom figure as Travis.
Nearby counties
Two-bedroom FMR, with how each compares to Travis.
Hays County
22 mi · 268,638 people
$1,817
same rate
Williamson County
22 mi · 672,688 people
$1,817
same rate
Bastrop County
30 mi · 106,582 people
$1,817
same rate
Caldwell County
34 mi · 48,669 people
$1,817
same rate
Burnet County
38 mi · 52,652 people
$1,349
-26%
Blanco County
41 mi · 12,446 people
$1,227
-32%
Comal County
46 mi · 183,826 people
$1,441
-21%
Lee County
49 mi · 17,971 people
$1,155
-36%
Questions people ask
$1,817 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $1,447 for a studio, $1,530 for one bedroom, $2,292 for three and $2,689 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 Travis actually go for?
HUD's number is one input. Search any address in Travis for a rent estimate built from nearby comps. Free to start, no card.
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