FMR is below market; voucher rent may lag private rents.
0.85
1 BR
1 BR- 75152
1.00ratio
FMR$1,570
Market$1,570
vs market+$0
FMR is near market; voucher and private rents are aligned.
1.00
2 BR
2 BR- 75152
1.10ratio
FMR$1,850
Market$1,680
vs market+$170
FMR is above market; underwrite to market rent.
1.10
3 BR
3 BR- 75152
1.18ratio
FMR$2,330
Market$1,970
vs market+$360
FMR is above market; underwrite to market rent.
1.18
4 BR
4 BR- 75152
1.34ratio
FMR$2,960
Market$2,210
vs market+$750
FMR is above market; underwrite to market rent.
1.34
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
--
Mortgage rate
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Palmer, TX fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Palmer, TX is $1,850 a month. That is down 8.0% from $2,010 in FY 2026. Palmer is in the Dallas, 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 Palmer is 67% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Palmer, TX
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,650
$1,530
−7.3%
$1,377–$1,683
1BR
$1,720
$1,570
−8.7%
$1,413–$1,727
2BR
$2,010
$1,850
−8.0%
$1,665–$2,035
3BR
$2,530
$2,330
−7.9%
$2,097–$2,563
4BR
$3,220
$2,960
−8.1%
$2,664–$3,256
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Palmer, TX
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,530
$1,570
$1,850
$2,330
$2,960
FY 2026
$1,650
$1,720
$2,010
$2,530
$3,220
FY 2025
$1,600
$1,680
$1,970
$2,470
$3,170
FY 2024
$1,500
$1,580
$1,850
$2,330
$3,000
FY 2023
$1,290
$1,360
$1,600
$2,020
$2,630
Questions about Palmer, TX rents
How much will Section 8 pay for a two-bedroom in Palmer, TX?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,850, that basic range is $1,665 to $2,035 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 Palmer, TX in?
Palmer, TX is in the Dallas, 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 Palmer, TX for FY 2027?
The two-bedroom FMR fell 8.0%, from $2,010 in FY 2026 to $1,850 in FY 2027. Since FY 2023 it has risen 15.6%.
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