FMR is near market; voucher and private rents are aligned.
1.10
1 BR
1 BR- 78562
0.99ratio
FMR$810
Market$820
vs market-$10
FMR is near market; voucher and private rents are aligned.
0.99
2 BR
2 BR- 78562
1.09ratio
FMR$1,010
Market$930
vs market+$80
FMR is near market; voucher and private rents are aligned.
1.09
3 BR
3 BR- 78562
1.32ratio
FMR$1,350
Market$1,020
vs market+$330
FMR is above market; underwrite to market rent.
1.32
4 BR
4 BR- 78562
1.55ratio
FMR$1,460
Market$940
vs market+$520
FMR is above market; underwrite to market rent.
1.55
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
--
La Villa, TX fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in La Villa, TX is $1,010 a month. That is up 3.1% from $980 in FY 2026. La Villa is in the McAllen-Edinburg-Mission, TX MSA. 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 $1,017. The median county two-bedroom FMR in Texas is $1,105, so La Villa is 9% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for La Villa, TX
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$760
$790
+3.9%
$711–$869
1BR
$790
$810
+2.5%
$729–$891
2BR
$980
$1,010
+3.1%
$909–$1,111
3BR
$1,280
$1,350
+5.5%
$1,215–$1,485
4BR
$1,400
$1,460
+4.3%
$1,314–$1,606
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for La Villa, TX
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$790
$810
$1,010
$1,350
$1,460
FY 2026
$760
$790
$980
$1,280
$1,400
FY 2025
$720
$740
$930
$1,220
$1,310
FY 2024
$720
$720
$910
$1,180
$1,310
FY 2023
$650
$650
$830
$1,070
$1,180
Questions about La Villa, TX rents
How much will Section 8 pay for a two-bedroom in La Villa, TX?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,017, which applies unless the housing authority uses Small Area FMRs, that basic range is $915 to $1,119 a month; under the ZIP-level Small Area FMR of $1,010 it would be $909 to $1,111. 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 La Villa, TX in?
La Villa, TX is in the McAllen-Edinburg-Mission, TX MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,017.
How much did fair market rent change in La Villa, TX for FY 2027?
The two-bedroom FMR rose 3.1%, from $980 in FY 2026 to $1,010 in FY 2027. Since FY 2023 it has risen 21.7%.
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