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Rowena, TX

CitySAFMR
Concho County
Found 1 ZIP

City Median Investment Score

118Above average

095130300
BRFMR
Eff. Rent
0 BR$900$900
1 BR$940$940
2 BR$1,190$1,190
3 BR$1,470$1,470
4 BR$1,720$1,720
5 BR$1,978Not available
6 BR$2,275Not available
7 BR$2,616Not available
8 BR$3,008Not available

Purchase Price Calculator

Maximum purchase price
$114,917

Cost breakdown

+Likely effective rent$1,190
HUD FMRUsed$1,190
Market rentN/A
Est. payment standardN/A
-Principal and interest-$581
Loan amount$91,934
Down payment$22,983
Rate6.50%
Term30 years
-Operating costs-$409
Property taxes-$115
Insurance-$175
Utilities$0
HOA$0
Management-$119
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$19,330(84.1% ROI)
Projected value
$123,753
Return breakdown
Property appreciation+$8,836
Loan principal paid down+$3,294
Rental cash flow+$7,200
5-year hold
+$32,975(143.5% ROI)
Projected value
$130,018
Return breakdown
Property appreciation+$15,101
Loan principal paid down+$5,874
Rental cash flow+$12,000
10-year hold
+$70,182(305.4% ROI)
Projected value
$147,103
Return breakdown
Property appreciation+$32,186
Loan principal paid down+$13,996
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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Rowena, TX fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Rowena, TX is $1,190 a month. That is up 11.2% from $1,070 in FY 2026. Rowena is in the Concho 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 $1,131. The median county two-bedroom FMR in Texas is $1,105, so Rowena is 8% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Rowena, TX
BedroomsFY 2027Change90–110% range
Studio$900+11.1%$810–$990
1BR$940+14.6%$846–$1,034
2BR$1,190+11.2%$1,071–$1,309
3BR$1,470+14.0%$1,323–$1,617
4BR$1,720+9.6%$1,548–$1,892

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Rowena, TX
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$900$940$1,190$1,470$1,720
FY 2026$810$820$1,070$1,290$1,570
FY 2025$870$870$1,140$1,380$1,710
FY 2024area FMR$925$957$1,188$1,436$1,766
FY 2023area FMR$777$821$1,031$1,352$1,517

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Questions about Rowena, TX rents

How much will Section 8 pay for a two-bedroom in Rowena, TX?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,131, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,018 to $1,244 a month; under the ZIP-level Small Area FMR of $1,190 it would be $1,071 to $1,309. 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 Rowena, TX in?

Rowena, TX is in the Concho County, TX non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,131.

How much did fair market rent change in Rowena, TX for FY 2027?

The two-bedroom FMR rose 11.2%, from $1,070 in FY 2026 to $1,190 in FY 2027. Since FY 2025 it has risen 4.4%.

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