77054
ZIPSAFMR
Harris County, TX
BRFMR
Eff. Rent
0 BR$1,550$1,060
1 BR$1,610$1,160
2 BR$1,910$1,810
3 BR$2,570$2,360
4 BR$3,200$3,300
5 BR$3,680
6 BR$4,232
7 BR$4,867
8 BR$5,597

Purchase Price Calculator

Maximum purchase price
$207,049

Cost breakdown

+Likely effective rent$1,810
HUD FMR$1,910
Market rentUsed$1,810
Est. payment standard (97%)$1,850
Market rent is below the inferred standard ($1,850, 97% of FMR).
-Principal and interest-$1,047
Loan amount$165,639
Down payment$41,410
Rate6.50%
Term30 years
-Operating costs-$563
Property taxes-$207
Insurance-$175
Utilities$0
HOA$0
Management-$181
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$29,055(70.2% ROI)
Projected value
$222,969
Current value$207,049
Return breakdown
Property appreciation+$15,920
Loan principal paid down+$5,934
Rental cash flow+$7,200
5-year hold
+$49,791(120.2% ROI)
Projected value
$234,257
Current value$207,049
Return breakdown
Property appreciation+$27,208
Loan principal paid down+$10,583
Rental cash flow+$12,000
10-year hold
+$107,208(258.9% ROI)
Projected value
$265,040
Current value$207,049
Return breakdown
Property appreciation+$57,991
Loan principal paid down+$25,217
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
1.46ratio
FMR$1,550
Market$1,060
vs market+$490

FMR is above market; underwrite to market rent.

90% standard$1,395 / 1.32 ratio110% standard$1,705 / 1.61 ratio
1.46
1 BR
1 BR
1.39ratio
FMR$1,610
Market$1,160
vs market+$450

FMR is above market; underwrite to market rent.

90% standard$1,449 / 1.25 ratio110% standard$1,771 / 1.53 ratio
1.39
2 BR
2 BR
1.06ratio
FMR$1,910
Market$1,810
vs market+$100

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

90% standard$1,719 / 0.95 ratio110% standard$2,101 / 1.16 ratio
1.06
3 BR
3 BR
1.09ratio
FMR$2,570
Market$2,360
vs market+$210

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

90% standard$2,313 / 0.98 ratio110% standard$2,827 / 1.20 ratio
1.09
4 BR
4 BR
0.96ratio
FMR$3,200
Market$3,350
vs market-$150

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

90% standard$2,880 / 0.86 ratio110% standard$3,520 / 1.05 ratio
0.96
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 77054 (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.

77054 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 77054 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,910 and the 4 bedroom fair market rent is $3,200.

Use this page for searches like 77054 FMR, 77054 fair market rent, and 77054 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 77054
Bedroom sizeHUD FMR
Studio$1,550
1 bedroom$1,610
2 bedroom$1,910
3 bedroom$2,570
4 bedroom$3,200