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TX/Harris County/Deer Park

Deer Park, TX

CitySAFMR
Harris County
Found 1 ZIP

City Median Investment Score

90Below average

095130300
BRFMR
Eff. Rent
0 BR$1,200$1,250
1 BR$1,230$1,230
2 BR$1,460$1,590
3 BR$1,970$2,010
4 BR$2,440$2,240
5 BR$2,806Not available
6 BR$3,227Not available
7 BR$3,711Not available
8 BR$4,268Not available

Purchase Price Calculator

Maximum purchase price
$174,357

Cost breakdown

+Likely effective rent$1,590
HUD FMR$1,460
Market rent$1,660
Est. payment standard (109%)Used$1,590
-Principal and interest-$882
Loan amount$139,485
Down payment$34,871
Rate6.50%
Term30 years
-Operating costs-$508
Property taxes-$174
Insurance-$175
Utilities$0
HOA$0
Management-$159
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$25,604(73.4% ROI)
Projected value
$187,763
Return breakdown
Property appreciation+$13,406
Loan principal paid down+$4,997
Rental cash flow+$7,200
5-year hold
+$43,824(125.7% ROI)
Projected value
$197,269
Return breakdown
Property appreciation+$22,912
Loan principal paid down+$8,912
Rental cash flow+$12,000
10-year hold
+$94,070(269.8% ROI)
Projected value
$223,192
Return breakdown
Property appreciation+$48,835
Loan principal paid down+$21,235
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.94
1 BR
1.00
2 BR
0.88
3 BR
0.97
4 BR
1.09
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Deer Park, TX fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Deer Park, TX is $1,460 a month. That is down 7.0% from $1,570 in FY 2026. Deer Park is in the Houston-The Woodlands-Sugar Land, 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 $1,497. The median county two-bedroom FMR in Texas is $1,105, so Deer Park is 32% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Deer Park, TX
BedroomsFY 2027Change90–110% range
Studio$1,200−6.2%$1,080–$1,320
1BR$1,230−6.8%$1,107–$1,353
2BR$1,460−7.0%$1,314–$1,606
3BR$1,970−6.6%$1,773–$2,167
4BR$2,440−7.2%$2,196–$2,684

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Deer Park, TX
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,200$1,230$1,460$1,970$2,440
FY 2026$1,280$1,320$1,570$2,110$2,630
FY 2025$1,250$1,310$1,560$2,080$2,620
FY 2024$1,130$1,200$1,430$1,890$2,430
FY 2023$1,150$1,220$1,460$1,920$2,490

Questions about Deer Park, TX rents

How much will Section 8 pay for a two-bedroom in Deer Park, TX?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,497, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,347 to $1,647 a month; under the ZIP-level Small Area FMR of $1,460 it would be $1,314 to $1,606. 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 Deer Park, TX in?

Deer Park, TX is in the Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,497.

How much did fair market rent change in Deer Park, TX for FY 2027?

The two-bedroom FMR fell 7.0%, from $1,570 in FY 2026 to $1,460 in FY 2027. Since FY 2023 it has risen 0.0%.

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