FMR is near market; voucher and private rents are aligned.
1.04
1 BR
1 BR- 79364
1.19ratio
FMR$920
Market$770
vs market+$150
FMR is above market; underwrite to market rent.
1.19
2 BR
2 BR- 79364
1.15ratio
FMR$1,090
Market$950
vs market+$140
FMR is above market; underwrite to market rent.
1.15
3 BR
3 BR- 79364
1.44ratio
FMR$1,510
Market$1,050
vs market+$460
FMR is above market; underwrite to market rent.
1.44
4 BR
4 BR- 79364
1.73ratio
FMR$1,800
Market$1,040
vs market+$760
FMR is above market; underwrite to market rent.
1.73
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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Slaton, TX fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Slaton, TX is $1,090 a month. That is up 0.9% from $1,080 in FY 2026. Slaton is in the Lubbock, TX HUD Metro 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 metro-wide two-bedroom FMR of $1,241. The median county two-bedroom FMR in Texas is $1,105, so Slaton is 1% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Slaton, TX
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$750
$780
+4.0%
$702–$858
1BR
$910
$920
+1.1%
$828–$1,012
2BR
$1,080
$1,090
+0.9%
$981–$1,199
3BR
$1,500
$1,510
+0.7%
$1,359–$1,661
4BR
$1,760
$1,800
+2.3%
$1,620–$1,980
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Slaton, TX
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$780
$920
$1,090
$1,510
$1,800
FY 2026
$750
$910
$1,080
$1,500
$1,760
FY 2025
$730
$880
$1,050
$1,460
$1,710
FY 2024
$680
$810
$970
$1,350
$1,590
FY 2023
$610
$700
$860
$1,220
$1,460
Questions about Slaton, TX rents
How much will Section 8 pay for a two-bedroom in Slaton, TX?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,241, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,117 to $1,365 a month; under the ZIP-level Small Area FMR of $1,090 it would be $981 to $1,199. 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 Slaton, TX in?
Slaton, TX is in the Lubbock, TX HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,241.
How much did fair market rent change in Slaton, TX for FY 2027?
The two-bedroom FMR rose 0.9%, from $1,080 in FY 2026 to $1,090 in FY 2027. Since FY 2023 it has risen 26.7%.
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