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Fresno, TX

CitySAFMR
Fort Bend County
Found 1 ZIP

City Median Investment Score

86Below average

095130300
BRFMR
Eff. Rent
0 BR$1,830$1,700
1 BR$1,870$1,730
2 BR$2,220$1,780
3 BR$2,990$1,890
4 BR$3,710$2,200
5 BR$4,267Not available
6 BR$4,906Not available
7 BR$5,642Not available
8 BR$6,489Not available

Purchase Price Calculator

Maximum purchase price
$202,591

Cost breakdown

+Likely effective rent$1,780
HUD FMR$2,220
Market rentUsed$1,780
Est. payment standard (90%)$2,000
-Principal and interest-$1,024
Loan amount$162,073
Down payment$40,518
Rate6.50%
Term30 years
-Operating costs-$556
Property taxes-$203
Insurance-$175
Utilities$0
HOA$0
Management-$178
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$28,584(70.5% ROI)
Projected value
$218,168
Return breakdown
Property appreciation+$15,577
Loan principal paid down+$5,807
Rental cash flow+$7,200
5-year hold
+$48,977(120.9% ROI)
Projected value
$229,213
Return breakdown
Property appreciation+$26,622
Loan principal paid down+$10,355
Rental cash flow+$12,000
10-year hold
+$105,416(260.2% ROI)
Projected value
$259,333
Return breakdown
Property appreciation+$56,743
Loan principal paid down+$24,674
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.08
1 BR
1.08
2 BR
1.25
3 BR
1.58
4 BR
1.69
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Fresno, TX fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Fresno, TX is $2,220 a month. That is down 5.9% from $2,360 in FY 2026. Fresno 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 Fresno is 101% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Fresno, TX
BedroomsFY 2027Change90–110% range
Studio$1,830−4.7%$1,647–$2,013
1BR$1,870−5.6%$1,683–$2,057
2BR$2,220−5.9%$1,998–$2,442
3BR$2,990−5.7%$2,691–$3,289
4BR$3,710−6.3%$3,339–$4,081

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Fresno, TX
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,830$1,870$2,220$2,990$3,710
FY 2026$1,920$1,980$2,360$3,170$3,960
FY 2025$1,830$1,910$2,290$3,050$3,840
FY 2024$1,570$1,660$1,990$2,630$3,380
FY 2023$1,450$1,540$1,840$2,420$3,130

Questions about Fresno, TX rents

How much will Section 8 pay for a two-bedroom in Fresno, 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 $2,220 it would be $1,998 to $2,442. 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 Fresno, TX in?

Fresno, 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 Fresno, TX for FY 2027?

The two-bedroom FMR fell 5.9%, from $2,360 in FY 2026 to $2,220 in FY 2027. Since FY 2023 it has risen 20.7%.

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