FMR is near market; voucher and private rents are aligned.
0.90
1 BR
1 BR- 78109
0.99ratio
FMR$1,480
Market$1,490
vs market-$10
FMR is near market; voucher and private rents are aligned.
0.99
2 BR
2 BR- 78109
1.18ratio
FMR$1,780
Market$1,510
vs market+$270
FMR is above market; underwrite to market rent.
1.18
3 BR
3 BR- 78109
1.37ratio
FMR$2,300
Market$1,680
vs market+$620
FMR is above market; underwrite to market rent.
1.37
4 BR
4 BR- 78109
1.35ratio
FMR$2,670
Market$1,980
vs market+$690
FMR is above market; underwrite to market rent.
1.35
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
--
Converse, TX fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Converse, TX is $1,780 a month. That is up 2.3% from $1,740 in FY 2026. Converse 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 Converse is 61% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Converse, TX
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,310
$1,360
+3.8%
$1,224–$1,496
1BR
$1,440
$1,480
+2.8%
$1,332–$1,628
2BR
$1,740
$1,780
+2.3%
$1,602–$1,958
3BR
$2,230
$2,300
+3.1%
$2,070–$2,530
4BR
$2,600
$2,670
+2.7%
$2,403–$2,937
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Converse, TX
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,360
$1,480
$1,780
$2,300
$2,670
FY 2026
$1,310
$1,440
$1,740
$2,230
$2,600
FY 2025
$1,350
$1,490
$1,820
$2,310
$2,720
FY 2024
$1,300
$1,460
$1,780
$2,250
$2,690
FY 2023
$1,120
$1,290
$1,560
$1,980
$2,420
Questions about Converse, TX rents
How much will Section 8 pay for a two-bedroom in Converse, TX?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,780, that basic range is $1,602 to $1,958 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 Converse, TX in?
Converse, 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 Converse, TX for FY 2027?
The two-bedroom FMR rose 2.3%, from $1,740 in FY 2026 to $1,780 in FY 2027. Since FY 2023 it has risen 14.1%.
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