FMR is near market; voucher and private rents are aligned.
1.04
1 BR
1 BR- 75154
1.09ratio
FMR$1,510
Market$1,380
vs market+$130
FMR is near market; voucher and private rents are aligned.
1.09
2 BR
2 BR- 75154
0.98ratio
FMR$1,780
Market$1,820
vs market-$40
FMR is near market; voucher and private rents are aligned.
0.98
3 BR
3 BR- 75154
1.06ratio
FMR$2,240
Market$2,120
vs market+$120
FMR is near market; voucher and private rents are aligned.
1.06
4 BR
4 BR- 75154
1.17ratio
FMR$2,850
Market$2,430
vs market+$420
FMR is above market; underwrite to market rent.
1.17
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
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Red Oak, TX fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Red Oak, TX is $1,780 a month. That is down 4.3% from $1,860 in FY 2026. Red Oak 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 Red Oak is 61% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Red Oak, TX
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,520
$1,470
−3.3%
$1,323–$1,617
1BR
$1,590
$1,510
−5.0%
$1,359–$1,661
2BR
$1,860
$1,780
−4.3%
$1,602–$1,958
3BR
$2,340
$2,240
−4.3%
$2,016–$2,464
4BR
$2,980
$2,850
−4.4%
$2,565–$3,135
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Red Oak, TX
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,470
$1,510
$1,780
$2,240
$2,850
FY 2026
$1,520
$1,590
$1,860
$2,340
$2,980
FY 2025
$1,540
$1,610
$1,890
$2,370
$3,040
FY 2024
$1,480
$1,560
$1,830
$2,300
$2,960
FY 2023
$1,330
$1,400
$1,650
$2,080
$2,710
Questions about Red Oak, TX rents
How much will Section 8 pay for a two-bedroom in Red Oak, TX?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,780, that basic range is $1,602 to $1,958 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 Red Oak, TX in?
Red Oak, 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 Red Oak, TX for FY 2027?
The two-bedroom FMR fell 4.3%, from $1,860 in FY 2026 to $1,780 in FY 2027. Since FY 2023 it has risen 7.9%.
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