For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 76485 (Peaster, TX) is $1,730 a month. That is up 3.0% from $1,680 in FY 2026. Peaster is in the Fort Worth-Arlington, TX HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 21 ZIP codes in Parker County, 76485 is tied for the 7th-highest two-bedroom rent (county range $1,070–$2,620). The median county two-bedroom FMR in Texas is $1,105, so ZIP 76485 is 57% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 76485
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,390
$1,450
+4.3%
$1,305–$1,595
1BR
$1,440
$1,470
+2.1%
$1,323–$1,617
2BR
$1,680
$1,730
+3.0%
$1,557–$1,903
3BR
$2,220
$2,260
+1.8%
$2,034–$2,486
4BR
$2,740
$2,840
+3.6%
$2,556–$3,124
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 76485
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,450
$1,470
$1,730
$2,260
$2,840
FY 2026
$1,390
$1,440
$1,680
$2,220
$2,740
FY 2025
$1,300
$1,390
$1,620
$2,140
$2,620
FY 2024
$1,200
$1,310
$1,530
$2,030
$2,470
FY 2023
$1,050
$1,180
$1,390
$1,840
$2,280
Two-bedroom rent in nearby Parker County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 76485?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,730, that basic range is $1,557 to $1,903 a month. 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 76485 in?
ZIP 76485 is in the Fort Worth-Arlington, TX HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in ZIP 76485 for FY 2027?
The two-bedroom FMR rose 3.0%, from $1,680 in FY 2026 to $1,730 in FY 2027. Since FY 2023 it has risen 24.5%.
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