City Median Investment Score
79Below average
| BR | FMR | Eff. Rent | 3Y CAGR |
|---|---|---|---|
| 0 BR | $920 – $1,000▼ | $1,010 – $1,100 | 5.2% |
| 1 BR | $940 – $1,050▼ | $1,030 – $1,050 | 4.6% |
| 2 BR | $1,120 – $1,210▼ | $1,210 – $1,220 | 3.9% |
| 3 BR | $1,510 – $1,580▼ | $1,580 – $1,660 | 4.0% |
| 4 BR | $1,870 – $2,020▼ | $2,020 | 3.3% |
| 5 BR | $2,237▼ | —Not available | 3.3% |
| 6 BR | $2,572▼ | —Not available | 3.3% |
| 7 BR | $2,958▼ | —Not available | 3.3% |
| 8 BR | $3,402▼ | —Not available | 3.3% |
Public Housing Authority
Rolodex
Market Alignment
FMR is below market; voucher rent may lag private rents.
FMR is below market; voucher rent may lag private rents.
FMR is below market; voucher rent may lag private rents.
FMR is below market; voucher rent may lag private rents.
FMR is below market; voucher rent may lag private rents.
FMR is below market; voucher rent may lag private rents.
- FMR
- FY2027
- Market rent
- last ~365 days
- Property value
- --
- Tax rate
- --
- Mortgage rate
- --
Cleveland, TX fair market rent, FY 2027
For FY 2027, HUD's two-bedroom Small Area Fair Market Rent across the 2 ZIP codes in Cleveland, TX ranges from $1,120 to $1,210 a month, with a median of $1,165. That is down 3.7% from $1,210 in FY 2026. Cleveland is in the San Jacinto County, TX HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,163. The median county two-bedroom FMR in Texas is $1,105, so Cleveland is 5% above it.
FY 2027 rent by bedroom
| Bedrooms | FY 2026 | FY 2027 | Change | 90–110% range |
|---|---|---|---|---|
| Studio | $985 | $960 | −2.5% | $864–$1,056 |
| 1BR | $1,040 | $995 | −4.3% | $896–$1,095 |
| 2BR | $1,210 | $1,165 | −3.7% | $1,049–$1,282 |
| 3BR | $1,625 | $1,545 | −4.9% | $1,391–$1,700 |
| 4BR | $2,035 | $1,945 | −4.4% | $1,751–$2,140 |
Fair market rent history, FY 2023–2027
| Fiscal year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY 2027 | $960 | $995 | $1,165 | $1,545 | $1,945 |
| FY 2026 | $985 | $1,040 | $1,210 | $1,625 | $2,035 |
| FY 2025 | $905 | $960 | $1,135 | $1,510 | $1,840 |
| FY 2024 | $825 | $870 | $1,040 | $1,375 | $1,765 |
| FY 2023 | $795 | $855 | $1,020 | $1,350 | $1,735 |
Two-bedroom rent by ZIP code
Questions about Cleveland, TX rents
How much will Section 8 pay for a two-bedroom in Cleveland, TX?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,163, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,047 to $1,279 a month; under the ZIP-level Small Area FMR of $1,165 it would be $1,049 to $1,282. 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 Cleveland, TX in?
Cleveland, TX is in the San Jacinto County, TX HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,163.
How much did fair market rent change in Cleveland, TX for FY 2027?
The two-bedroom FMR fell 3.7%, from $1,210 in FY 2026 to $1,165 in FY 2027. Since FY 2023 it has risen 14.2%.
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