WACO, TX
CitySAFMR
McLennan County
Found 15 ZIPs
BRFMR
Eff. Rent
0 BR$850 – $1,060$850 – $1,060
1 BR$1,000 – $1,240$930 – $1,190
2 BR$1,240 – $1,530$1,100 – $1,310
3 BR$1,600 – $1,980$1,580 – $1,650
4 BR$1,650 – $2,030$1,650 – $1,910
5 BR$1,897
6 BR$2,182
7 BR$2,509
8 BR$2,886

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio· 1 ZIP
0.64ratio
FMR$850
Market$1,330
vs market-$480

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

Studio· 2 ZIPs
0.73–0.75ratio range
Median FMR$850
Median Market$1,150
vs market-$300

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

Studio· 2 ZIPs
0.79–0.80ratio range
Median FMR$855
Median Market$1,075
vs market-$220

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

Studio· 1 ZIP
0.87ratio
FMR$860
Market$990
vs market-$130

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

Studio· 1 ZIP
0.92ratio
FMR$1,060
Market$1,150
vs market-$90

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

Studio· 1 ZIP
0.97ratio
FMR$990
Market$1,020
vs market-$30

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

Studio· 5 ZIPs
0.99–1.00ratio range
Median FMR$860
Median Market$870
vs market-$10

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

5
0.64–1.00
1 BR
1 BR· 1 ZIP
0.75ratio
FMR$1,000
Market$1,340
vs market-$340

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1 BR· 2 ZIPs
0.87–0.88ratio range
Median FMR$1,000
Median Market$1,140
vs market-$140

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

2
1 BR· 2 ZIPs
0.94–0.95ratio range
Median FMR$1,000
Median Market$1,055
vs market-$55

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

2
1 BR· 1 ZIP
0.98ratio
FMR$1,000
Market$1,020
vs market-$20

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1 BR· 4 ZIPs
1.04–1.05ratio range
Median FMR$1,000
Median Market$950
vs market+$50

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

4
1 BR· 3 ZIPs
1.08ratio range
Median FMR$1,000
Median Market$930
vs market+$70

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

3
0.75–1.08
2 BR
2 BR· 2 ZIPs
0.92–0.93ratio range
Median FMR$1,240
Median Market$1,345
vs market-$105

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

2
2 BR· 2 ZIPs
0.96–0.97ratio range
Median FMR$1,245
Median Market$1,290
vs market-$45

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

2
2 BR· 2 ZIPs
0.99–1.02ratio range
Median FMR$1,240
Median Market$1,235
vs market+$5

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

2
2 BR· 1 ZIP
1.02ratio
FMR$1,250
Market$1,220
vs market+$30

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

2 BR· 1 ZIP
1.10ratio
FMR$1,440
Market$1,310
vs market+$130

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

2 BR· 4 ZIPs
1.11–1.13ratio range
Median FMR$1,250
Median Market$1,130
vs market+$120

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

4
2 BR· 1 ZIP
1.24ratio
FMR$1,530
Market$1,230
vs market+$300

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

0.92–1.24
3 BR
3 BR· 1 ZIP
0.87ratio
FMR$1,600
Market$1,830
vs market-$230

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

3 BR· 5 ZIPs
0.90–0.93ratio range
Median FMR$1,610
Median Market$1,780
vs market-$170

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

5
3 BR· 2 ZIPs
0.95–0.97ratio range
Median FMR$1,605
Median Market$1,675
vs market-$70

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

3 BR· 3 ZIPs
0.99–1.01ratio range
Median FMR$1,600
Median Market$1,600
vs market+$0

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

3
3 BR· 1 ZIP
1.12ratio
FMR$1,850
Market$1,650
vs market+$200

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

3 BR· 1 ZIP
1.20ratio
FMR$1,980
Market$1,650
vs market+$330

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

0.87–1.20
4 BR
4 BR· 1 ZIP
0.53ratio
FMR$1,650
Market$3,110
vs market-$1,460

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

4 BR· 1 ZIP
0.69ratio
FMR$1,650
Market$2,390
vs market-$740

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

4 BR· 3 ZIPs
0.77ratio range
Median FMR$1,650
Median Market$2,150
vs market-$500

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

3
4 BR· 1 ZIP
0.78ratio
FMR$1,650
Market$2,120
vs market-$470

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

4 BR· 1 ZIP
0.82ratio
FMR$1,650
Market$2,000
vs market-$350

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

4 BR· 2 ZIPs
0.86–0.87ratio range
Median FMR$1,650
Median Market$1,910
vs market-$260

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

2
4 BR· 3 ZIPs
0.91–0.94ratio range
Median FMR$1,650
Median Market$1,820
vs market-$170

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

3
4 BR· 1 ZIP
1.06ratio
FMR$2,030
Market$1,910
vs market+$120

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.53–1.06
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

ZIP Codes

Ranked by Investment Score (vs area median)

About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for WACO, TX (TX) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.