HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Wichita County, Texas (FY 2027)
$1,145 a month. That's HUD's FY 2027 Fair Market Rent for a two-bedroom in Wichita County, and it's the baseline every voucher in Wichita is measured against.
Two-bedroom FMR
$1,145
+0.8% from FY 2026
Payment standard
$1,031–$1,260
90% to 110% of the FMR, two-bedroom
Income to afford
$45,800
a year, with rent at 30% of income
Rank in Texas
102nd 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 | $839 | $755–$923 | $33,560 | $16.13/hr | +1.0% |
| 1 bedroom | $949 | $854–$1,044 | $37,960 | $18.25/hr | +2.6% |
| 2 bedroom | $1,145 | $1,031–$1,260 | $45,800 | $22.02/hr | +0.8% |
| 3 bedroom | $1,542 | $1,388–$1,696 | $61,680 | $29.65/hr | -0.7% |
| 4 bedroom | $1,740 | $1,566–$1,914 | $69,600 | $33.46/hr | -1.1% |
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 | $2,001 | $1,801–$2,201 |
| 6 bedroom Estimate | $2,262 | $2,036–$2,488 |
| 7 bedroom Estimate | $2,523 | $2,271–$2,775 |
| 8 bedroom Estimate | $2,784 | $2,506–$3,062 |
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 Wichita actually rent for?
Search any address in Wichita 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 Wichita somewhere between $1,031 and $1,260. 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.
$1,145 a month is affordable, by HUD's 30% rule, on an income of roughly $45,800 a year. Put another way, $22 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%$1,031 | Voucher pays at 100%$1,145 | Voucher pays at 110%$1,260 |
|---|---|---|---|---|
| $2,500 | $750 | $281 | $395 | $510 |
| $4,000 | $1,200 | $0 | $0 | $60 |
Rate history
The two-bedroom rate went up 1% from FY 2026 ($1,136) to FY 2027 ($1,145). Since FY 2020 it's up 46% in total, about 5.6% 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 | $525 | $605 | $784 | $1,079 | $1,308 | — |
| FY 2021 | $585 | $656 | $832 | $1,136 | $1,346 | +6.1% |
| FY 2022 | $641 | $707 | $878 | $1,197 | $1,362 | +5.5% |
| FY 2023 | $712 | $771 | $943 | $1,274 | $1,459 | +7.4% |
| FY 2024 | $800 | $843 | $1,037 | $1,418 | $1,611 | +10.0% |
| FY 2025 | $823 | $896 | $1,102 | $1,506 | $1,709 | +6.3% |
| FY 2026 | $831 | $925 | $1,136 | $1,553 | $1,759 | +3.1% |
| FY 2027In effect | $839 | $949 | $1,145 | $1,542 | $1,740 | +0.8% |
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 Wichita, that runs from $839 for a studio up to $1,740 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 Wichita in with 2 other counties in the Wichita Falls metro, Clay County, Archer County among them, and every one of them gets $1,145 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, Wichita ranks 102nd for two-bedroom FMR. That's about 4% above the state median of $1,105 and about 8% above the national median county at $1,063. About 129,996 people live here, 36th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,030 in 76301 (Wichita Falls) and $1,700 in 76311 (Sheppard Afb), with the 13 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 |
|---|---|---|---|
| 76301 | Wichita Falls | $1,030 | -10.0% |
| 76302 | Wichita Falls | $1,140 | -0.4% |
| 76305 | Wichita Falls | $1,030 | -10.0% |
| 76306 | Wichita Falls | $1,100 | -3.9% |
| 76307 | Wichita Falls | $1,160 | +1.3% |
| 76308 | Wichita Falls | $1,250 | +9.2% |
| 76309 | Wichita Falls | $1,150 | +0.4% |
| 76310 | Wichita Falls | $1,220 | +6.6% |
| 76311 | Sheppard Afb | $1,700 | +48.5% |
| 76354 | Burkburnett | $1,090 | -4.8% |
| 76360 | Electra | $1,030 | -10.0% |
| 76367 | Iowa Park | $1,170 | +2.2% |
| 76369 | Kamay | $1,160 | +1.3% |
Counties sharing the Wichita Falls metro rate
HUD sets one rate for the whole metro, so every county here carries the same $1,145 two-bedroom figure as Wichita.
Nearby counties
Two-bedroom FMR, with how each compares to Wichita.
Archer County
22 mi · 8,867 people
$1,145
same rate
Clay County
22 mi · 10,495 people
$1,145
same rate
Wilbarger County
41 mi · 12,616 people
$1,091
-5%
Baylor County
46 mi · 3,485 people
$1,014
-11%
Montague County
52 mi · 21,046 people
$1,088
-5%
Young County
52 mi · 18,029 people
$1,053
-8%
Jack County
56 mi · 8,882 people
$1,022
-11%
Foard County
64 mi · 991 people
$1,014
-11%
Questions people ask
$1,145 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $839 for a studio, $949 for one bedroom, $1,542 for three and $1,740 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 Wichita actually go for?
HUD's number is one input. Search any address in Wichita for a rent estimate built from nearby comps. Free to start, no card.
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