75711

ZIPSAFMR

Smith County, TX

ZIP Investment Score

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$990	$1,040	0.7%
1 BR	$1,090	$1,130	2.6%
2 BR	$1,340	$1,240	2.6%
3 BR	$1,800	$1,730	3.4%
4 BR	$1,950	$2,150	0.5%
5 BR	$2,243	Not available	0.5%
6 BR	$2,579	Not available	0.5%
7 BR	$2,966	Not available	0.5%
8 BR	$3,411	Not available	0.5%

Purchase Price Calculator

Maximum purchase price

$122,347

Cost breakdown

+Likely effective rent$1,240

HUD FMR$1,340

Market rentUsed$1,240

Est. payment standard (95%)$1,280

-Principal and interest-$619

Loan amount$97,878

Down payment$24,469

Rate6.50%

Term30 years

-Operating costs-$421

Property taxes-$122

Insurance-$175

Utilities$0

HOA$0

Management-$124

=Target cash flow+$200

Calculation mode

BedroomsCash-flow target

Down payment methodDown payment %

HOA / mo

Utilities methodUtilities amount

Management methodManagement % of rent

Hold period projections

Annual appreciation rate

3-year hold

+$20,114(82.2% ROI)

Projected value

$131,754

Return breakdown

Property appreciation+$9,407

Loan principal paid down+$3,507

Rental cash flow+$7,200

5-year hold

+$34,331(140.3% ROI)

Projected value

$138,424

Return breakdown

Property appreciation+$16,077

Loan principal paid down+$6,253

Rental cash flow+$12,000

10-year hold

+$73,168(299.0% ROI)

Projected value

$156,615

Return breakdown

Property appreciation+$34,268

Loan principal paid down+$14,901

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

0.93ratio

FMR$990

Market$1,070

vs market-$80

FMR is near market; voucher and private rents are aligned.

0.93

1 BR

0.95ratio

FMR$1,090

Market$1,150

vs market-$60

FMR is near market; voucher and private rents are aligned.

0.95

2 BR

1.08ratio

FMR$1,340

Market$1,240

vs market+$100

FMR is near market; voucher and private rents are aligned.

1.08

3 BR

1.04ratio

FMR$1,800

Market$1,730

vs market+$70

FMR is near market; voucher and private rents are aligned.

1.04

4 BR

0.79ratio

FMR$1,950

Market$2,460

vs market-$510

FMR is below market; voucher rent may lag private rents.

0.79

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: --

ZIP 75711 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 75711 (Tyler, TX) is $1,340 a month. That is down 2.2% from $1,370 in FY 2026. Tyler is in the Tyler, 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 $1,277. Among 26 ZIP codes in Smith County, 75711 is tied for the 6th-highest two-bedroom rent (county range $1,210–$1,720). The median county two-bedroom FMR in Texas is $1,105, so ZIP 75711 is 21% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 75711
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$1,010	$990	−2.0%	$891–$1,089
1BR	$1,120	$1,090	−2.7%	$981–$1,199
2BR	$1,370	$1,340	−2.2%	$1,206–$1,474
3BR	$1,840	$1,800	−2.2%	$1,620–$1,980
4BR	$2,030	$1,950	−3.9%	$1,755–$2,145

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 75711
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$990	$1,090	$1,340	$1,800	$1,950
FY 2026	$1,010	$1,120	$1,370	$1,840	$2,030
FY 2025	$1,010	$1,100	$1,350	$1,800	$2,040
FY 2024	$970	$1,010	$1,240	$1,630	$1,920
FY 2023	$920	$920	$1,130	$1,460	$1,780

Two-bedroom rent in nearby Smith County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 75711
75702	$1,210	−9.7%
75703	$1,440	+7.5%
75704	$1,240	−7.5%
75705	$1,720	+28.4%
75706	$1,210	−9.7%
75707	$1,490	+11.2%
75708	$1,210	−9.7%
75709	$1,310	−2.2%
75710	$1,280	−4.5%
75711Current	$1,340	—
75712	$1,280	−4.5%
75713	$1,280	−4.5%

Questions about ZIP 75711 rents

How much will Section 8 pay for a two-bedroom in ZIP 75711?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,277, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,149 to $1,405 a month; under the ZIP-level Small Area FMR of $1,340 it would be $1,206 to $1,474. 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 ZIP 75711 in?

ZIP 75711 is in the Tyler, TX MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,277.

How much did fair market rent change in ZIP 75711 for FY 2027?

The two-bedroom FMR fell 2.2%, from $1,370 in FY 2026 to $1,340 in FY 2027. Since FY 2023 it has risen 18.6%.

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

County fair market rent Tyler, TX fair market rent TX statewide rents What is SAFMR?Data sources