FMR is near market; voucher and private rents are aligned.
0.98
1 BR
1 BR- 78657
0.92ratio
FMR$1,220
Market$1,330
vs market-$110
FMR is near market; voucher and private rents are aligned.
0.92
2 BR
2 BR- 78657
0.89ratio
FMR$1,530
Market$1,720
vs market-$190
FMR is below market; voucher rent may lag private rents.
0.89
3 BR
3 BR- 78657
0.95ratio
FMR$2,070
Market$2,180
vs market-$110
FMR is near market; voucher and private rents are aligned.
0.95
4 BR
4 BR- 78657
0.82ratio
FMR$2,120
Market$2,570
vs market-$450
FMR is below market; voucher rent may lag private rents.
0.82
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
--
Horseshoe Bay, TX fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Horseshoe Bay, TX is $1,530 a month. That is up 5.5% from $1,450 in FY 2026. Horseshoe Bay is in the Burnet County, TX non-metropolitan 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 county-wide two-bedroom FMR of $1,349. The median county two-bedroom FMR in Texas is $1,105, so Horseshoe Bay is 39% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Horseshoe Bay, TX
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,110
$1,160
+4.5%
$1,044–$1,276
1BR
$1,130
$1,220
+8.0%
$1,098–$1,342
2BR
$1,450
$1,530
+5.5%
$1,377–$1,683
3BR
$1,980
$2,070
+4.5%
$1,863–$2,277
4BR
$2,100
$2,120
+1.0%
$1,908–$2,332
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Horseshoe Bay, TX
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,160
$1,220
$1,530
$2,070
$2,120
FY 2026
$1,110
$1,130
$1,450
$1,980
$2,100
FY 2025
$1,050
$1,060
$1,380
$1,820
$2,090
FY 2024area FMR
$879
$885
$1,138
$1,604
$1,637
FY 2023area FMR
$657
$793
$983
$1,352
$1,357
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Horseshoe Bay, TX rents
How much will Section 8 pay for a two-bedroom in Horseshoe Bay, TX?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,349, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,214 to $1,484 a month; under the ZIP-level Small Area FMR of $1,530 it would be $1,377 to $1,683. 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 Horseshoe Bay, TX in?
Horseshoe Bay, TX is in the Burnet County, TX non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,349.
How much did fair market rent change in Horseshoe Bay, TX for FY 2027?
The two-bedroom FMR rose 5.5%, from $1,450 in FY 2026 to $1,530 in FY 2027. Since FY 2025 it has risen 10.9%.
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