FMR is near market; voucher and private rents are aligned.
0.92
1 BR
1 BR- 78003
0.81ratio
FMR$970
Market$1,200
vs market-$230
FMR is below market; voucher rent may lag private rents.
0.81
2 BR
2 BR- 78003
0.77ratio
FMR$1,190
Market$1,540
vs market-$350
FMR is below market; voucher rent may lag private rents.
0.77
3 BR
3 BR- 78003
0.84ratio
FMR$1,540
Market$1,830
vs market-$290
FMR is below market; voucher rent may lag private rents.
0.84
4 BR
4 BR- 78003
0.86ratio
FMR$1,770
Market$2,050
vs market-$280
FMR is below market; voucher rent may lag private rents.
0.86
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
Bandera, TX fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Bandera, TX is $1,190 a month. That is up 4.4% from $1,140 in FY 2026. Bandera is in the San Antonio-New Braunfels, TX HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Texas is $1,105, so Bandera is 8% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Bandera, TX
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$860
$910
+5.8%
$819–$1,001
1BR
$930
$970
+4.3%
$873–$1,067
2BR
$1,140
$1,190
+4.4%
$1,071–$1,309
3BR
$1,460
$1,540
+5.5%
$1,386–$1,694
4BR
$1,670
$1,770
+6.0%
$1,593–$1,947
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Bandera, TX
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$910
$970
$1,190
$1,540
$1,770
FY 2026
$860
$930
$1,140
$1,460
$1,670
FY 2025
$890
$970
$1,190
$1,520
$1,760
FY 2024
$890
$990
$1,210
$1,540
$1,810
FY 2023
$790
$910
$1,110
$1,410
$1,710
Questions about Bandera, TX rents
How much will Section 8 pay for a two-bedroom in Bandera, TX?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,190, that basic range is $1,071 to $1,309 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Bandera, TX in?
Bandera, TX is in the San Antonio-New Braunfels, TX HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Bandera, TX for FY 2027?
The two-bedroom FMR rose 4.4%, from $1,140 in FY 2026 to $1,190 in FY 2027. Since FY 2023 it has risen 7.2%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set