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TX/Cameron County/Santa Maria

Santa Maria, TX

CitySAFMR
Cameron County
Found 1 ZIP
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City Median Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$850$940
1 BR$910$1,000
2 BR$1,080$1,190
3 BR$1,440$1,580
4 BR$1,550$1,710
5 BR$1,782Not available
6 BR$2,050Not available
7 BR$2,357Not available
8 BR$2,711Not available

Purchase Price Calculator

Maximum purchase price
$114,917

Cost breakdown

+Likely effective rent$1,190
HUD FMR$1,080
Market rent$1,710
Est. payment standard (110%)Used$1,190
-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

Studio
0.48
1 BR
0.53
2 BR
0.63
3 BR
0.75
4 BR
0.76
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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Santa Maria, TX fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Santa Maria, TX is $1,080 a month. That is up 0.9% from $1,070 in FY 2026. Santa Maria is in the Brownsville-Harlingen, 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 $1,042. The median county two-bedroom FMR in Texas is $1,105, so Santa Maria is 2% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Santa Maria, TX
BedroomsFY 2027Change90–110% range
Studio$850+6.3%$765–$935
1BR$910+3.4%$819–$1,001
2BR$1,080+0.9%$972–$1,188
3BR$1,4400.0%$1,296–$1,584
4BR$1,550+2.0%$1,395–$1,705

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Santa Maria, TX
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$850$910$1,080$1,440$1,550
FY 2026$800$880$1,070$1,440$1,520
FY 2025$660$740$930$1,240$1,290
FY 2024$620$710$910$1,190$1,290
FY 2023$580$650$830$1,070$1,210

Questions about Santa Maria, TX rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,042, which applies unless the housing authority uses Small Area FMRs, that basic range is $938 to $1,146 a month; under the ZIP-level Small Area FMR of $1,080 it would be $972 to $1,188. 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 Santa Maria, TX in?

Santa Maria, TX is in the Brownsville-Harlingen, TX MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,042.

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

The two-bedroom FMR rose 0.9%, from $1,070 in FY 2026 to $1,080 in FY 2027. Since FY 2023 it has risen 30.1%.

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