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77353

ZIPSAFMR
Montgomery County, TX
BRFMR
Eff. Rent
0 BR$1,370$1,510
1 BR$1,420$1,510
2 BR$1,690$1,660
3 BR$2,270$1,780
4 BR$2,840$2,170
5 BR$3,266
6 BR$3,756
7 BR$4,319
8 BR$4,967

Purchase Price Calculator

Maximum purchase price
$184,759

Cost breakdown

+Likely effective rent$1,660
HUD FMR$1,690
Market rentUsed$1,660
Est. payment standard (99%)$1,670
Market rent is below the inferred standard ($1,670, 99% of FMR).
-Principal and interest-$934
Loan amount$147,807
Down payment$36,952
Rate6.50%
Term30 years
-Operating costs-$526
Property taxes-$185
Insurance-$175
Utilities$0
HOA$0
Management-$166
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$26,702(72.3% ROI)
Projected value
$198,965
Current value$184,759
Return breakdown
Property appreciation+$14,206
Loan principal paid down+$5,296
Rental cash flow+$7,200
5-year hold
+$45,722(123.7% ROI)
Projected value
$209,038
Current value$184,759
Return breakdown
Property appreciation+$24,279
Loan principal paid down+$9,443
Rental cash flow+$12,000
10-year hold
+$98,250(265.9% ROI)
Projected value
$236,507
Current value$184,759
Return breakdown
Property appreciation+$51,748
Loan principal paid down+$22,502
Rental cash flow+$24,000

Market Alignment

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

Studio
Studio
0.86ratio
FMR$1,370
Market$1,590
vs market-$220

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

90% standard$1,233 / 0.78 ratio110% standard$1,507 / 0.95 ratio
0.86
1 BR
1 BR
0.91ratio
FMR$1,420
Market$1,560
vs market-$140

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

90% standard$1,278 / 0.82 ratio110% standard$1,562 / 1.00 ratio
0.91
2 BR
2 BR
1.02ratio
FMR$1,690
Market$1,660
vs market+$30

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

90% standard$1,521 / 0.92 ratio110% standard$1,859 / 1.12 ratio
1.02
3 BR
3 BR
1.28ratio
FMR$2,270
Market$1,780
vs market+$490

FMR is above market; underwrite to market rent.

90% standard$2,043 / 1.15 ratio110% standard$2,497 / 1.40 ratio
1.28
4 BR
4 BR
1.31ratio
FMR$2,840
Market$2,170
vs market+$670

FMR is above market; underwrite to market rent.

90% standard$2,556 / 1.18 ratio110% standard$3,124 / 1.44 ratio
1.31
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

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 77353 (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.

77353 fair market rent benchmarks

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 77353 shows monthly rent benchmarks by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,690 and the 4 bedroom fair market rent is $2,840.

Use these values to compare bedroom-size rent benchmarks and screen a property's rent assumptions. Local housing authorities set voucher payment standards, which may be above or below published HUD FMR, so confirm the applicable authority and current schedule before underwriting a property. Read the FMR and payment-standard guide for the full verification workflow.

FY 2026 Fair Market Rent by bedroom size for 77353
Bedroom sizeHUD FMR
Studio$1,370
1 bedroom$1,420
2 bedroom$1,690
3 bedroom$2,270
4 bedroom$2,840