FMR is near market; voucher and private rents are aligned.
1.02
1 BR
1 BR- 75135
1.01ratio
FMR$1,410
Market$1,400
vs market+$10
FMR is near market; voucher and private rents are aligned.
1.01
2 BR
2 BR- 75135
1.06ratio
FMR$1,650
Market$1,550
vs market+$100
FMR is near market; voucher and private rents are aligned.
1.06
3 BR
3 BR- 75135
1.12ratio
FMR$2,070
Market$1,850
vs market+$220
FMR is above market; underwrite to market rent.
1.12
4 BR
4 BR- 75135
1.24ratio
FMR$2,640
Market$2,130
vs market+$510
FMR is above market; underwrite to market rent.
1.24
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
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Caddo Mills, TX fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Caddo Mills, TX is $1,650 a month. That is down 9.8% from $1,830 in FY 2026. Caddo Mills is in the Dallas, 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 Caddo Mills is 49% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Caddo Mills, TX
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,500
$1,350
−10.0%
$1,215–$1,485
1BR
$1,560
$1,410
−9.6%
$1,269–$1,551
2BR
$1,830
$1,650
−9.8%
$1,485–$1,815
3BR
$2,300
$2,070
−10.0%
$1,863–$2,277
4BR
$2,930
$2,640
−9.9%
$2,376–$2,904
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Caddo Mills, TX
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,350
$1,410
$1,650
$2,070
$2,640
FY 2026
$1,500
$1,560
$1,830
$2,300
$2,930
FY 2025
$1,410
$1,480
$1,740
$2,180
$2,800
FY 2024
$1,310
$1,380
$1,620
$2,040
$2,620
FY 2023
$1,130
$1,190
$1,410
$1,780
$2,320
Questions about Caddo Mills, TX rents
How much will Section 8 pay for a two-bedroom in Caddo Mills, TX?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,650, that basic range is $1,485 to $1,815 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 Caddo Mills, TX in?
Caddo Mills, TX is in the Dallas, 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 Caddo Mills, TX for FY 2027?
The two-bedroom FMR fell 9.8%, from $1,830 in FY 2026 to $1,650 in FY 2027. Since FY 2023 it has risen 17.0%.
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