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Harris County/Houston/77094

77094

ZIPSAFMR
Harris County, TX
Zillow

ZIP Investment Score

60Below average

095130300
BRFMR
Eff. Rent
0 BR$1,490$1,540
1 BR$1,530$1,440
2 BR$1,810$1,820
3 BR$2,440$2,400
4 BR$3,030$2,730
5 BR$3,484Not available
6 BR$4,007Not available
7 BR$4,608Not available
8 BR$5,299Not available

Purchase Price Calculator

Maximum purchase price
$208,535

Cost breakdown

+Likely effective rent$1,820
HUD FMR$1,810
Market rent$1,820
Est. payment standard (100%)Used$1,820
-Principal and interest-$1,054
Loan amount$166,828
Down payment$41,707
Rate6.50%
Term30 years
-Operating costs-$566
Property taxes-$209
Insurance-$175
Utilities$0
HOA$0
Management-$182
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$29,211(70.0% ROI)
Projected value
$224,569
Return breakdown
Property appreciation+$16,034
Loan principal paid down+$5,977
Rental cash flow+$7,200
5-year hold
+$50,062(120.0% ROI)
Projected value
$235,938
Return breakdown
Property appreciation+$27,403
Loan principal paid down+$10,659
Rental cash flow+$12,000
10-year hold
+$107,805(258.5% ROI)
Projected value
$266,942
Return breakdown
Property appreciation+$58,407
Loan principal paid down+$25,398
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.96
1 BR
1.06
2 BR
0.99
3 BR
1.02
4 BR
1.11
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 77094 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 77094 (Houston, TX) is $1,810 a month. That is down 8.1% from $1,970 in FY 2026. Houston is in the Houston-The Woodlands-Sugar Land, 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 $1,497. Among 229 ZIP codes in Harris County, 77094 is tied for the 30th-highest two-bedroom rent (county range $1,020–$2,250). The median county two-bedroom FMR in Texas is $1,105, so ZIP 77094 is 64% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 77094
BedroomsFY 2027Change90–110% range
Studio$1,490−6.9%$1,341–$1,639
1BR$1,530−7.8%$1,377–$1,683
2BR$1,810−8.1%$1,629–$1,991
3BR$2,440−7.9%$2,196–$2,684
4BR$3,030−8.2%$2,727–$3,333

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 77094
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,490$1,530$1,810$2,440$3,030
FY 2026$1,600$1,660$1,970$2,650$3,300
FY 2025$1,590$1,660$1,980$2,640$3,320
FY 2024$1,530$1,620$1,940$2,560$3,290
FY 2023$1,540$1,640$1,960$2,580$3,340

Two-bedroom rent in nearby Harris County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 77094
77087$1,130−37.6%
77088$1,300−28.2%
77089$1,560−13.8%
77090$1,480−18.2%
77091$1,190−34.3%
77092$1,320−27.1%
77093$1,210−33.1%
77094Current$1,810—
77095$1,740−3.9%
77096$1,430−21.0%
77098$2,250+24.3%
77099$1,420−21.5%

Questions about ZIP 77094 rents

How much will Section 8 pay for a two-bedroom in ZIP 77094?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,497, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,347 to $1,647 a month; under the ZIP-level Small Area FMR of $1,810 it would be $1,629 to $1,991. 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 77094 in?

ZIP 77094 is in the Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,497.

How much did fair market rent change in ZIP 77094 for FY 2027?

The two-bedroom FMR fell 8.1%, from $1,970 in FY 2026 to $1,810 in FY 2027. Since FY 2023 it has fallen 7.7%.

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

County fair market rentHouston, TX fair market rentTX statewide rentsWhat is SAFMR?Data sources